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Treasury, IRS Issue Interim Guidance on Energy Credits and Prohibited Foreign Entities
Accounting
The Treasury Department and the IRS have issued Notice 2026-15, providing interim guidance on how taxpayers should determine…
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IRS Announces Next Expansion of Tax Pro Account
Accounting
The IRS has announced the next expansion of its Tax Pro Account, introducing new business-level digital capabilities…
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OBBBA Updates to Charitable Deduction Changes How Donors Think
Accounting
The One Big Beautiful Bill Act’s (OBBBA) updates to the charitable deduction are already changing how donors think about…
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AICPA Launches Initiative Aimed at Early-Career CPAs
Accounting
The AICPA has launched the Profession Ready Initiative, a research-driven effort aimed at redefining how early-career CPAs…
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American Workers Fear Artificial Intelligence More Than Burnout
Accounting
A new Fast Company analysis of Indeed’s 2026 Job Search Report shows that American workers are more anxious about AI than…
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AICPA Urges IRS to Keep Employees Working
Accounting
As the 2026 tax season begins, the AICPA is asking the IRS to plan for a possible government shutdown by keeping all…
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Taxpayer Advocate Releases Annual Report to Congress
Accounting
The National Taxpayer Advocate has released their Annual Report to Congress, which delivers a careful forecast for the…
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Lawmakers and Oversight Officials Warn About IRS Readiness
Accounting
Concerns have been rising about whether the IRS will be prepared for the upcoming tax season. Lawmakers and oversight…
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IRS Opens 2026 Filing Season Under New One Big Beautiful Bill Tax Rules
Accounting
The IRS opened the 2026 filing season on Jan. 26 and began accepting individual federal income tax returns for the 2025 tax…
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