The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance.
The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain arrangements purporting to be Charitable Remainder Annuity Trusts as listed transactions.
The IRS and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their…
BATON ROUGE – Louisiana homeowners have until June 30, 2026, to apply for a state tax credit for roof upgrades certified in 2025 to withstand hurricanes, high winds and other severe weather events.
BATON ROUGE – Beginning Monday, April 13, 2026, the Louisiana Department of Revenue (LDR) will provide walk-in customer service to New Orleans-area taxpayers at a new location.
BATON ROUGE – The Louisiana Department of Revenue is granting automatic filing and payment extensions to state taxpayers affected by severe winter weather in January 2026.
BATON ROUGE – The Louisiana Department of Revenue (LDR) is advising taxpayers of a change in how the U.S. Postal Service (USPS) applies postmarks to mailed items. This change may affect whether certain mailed tax…
While more than 9 in 10 senior finance leaders in a recent survey said they’re under career pressure to demonstrate a return on agentic AI investment, the ROI may be slowed by an emphasis on speed above all.
The proposal would allow issuers, broker-dealers, investment advisers, and others to deliver information to investors electronically without first obtaining affirmative consent.
PEEC finalized revisions to the AICPA’s independence guidance for tax services, maintaining a principles-based framework for evaluating independence threats when providing tax advisory and planning services to attest…
SAS No. 150, External Confirmations, published Monday following an AICPA Auditing Standards Board vote in May, is designed to address today’s digitally driven environment.
The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities to eliminate ordinary income and capital gain on the sale of property.
The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities to eliminate ordinary income and capital gain on the sale of property.
Certain taxpayers with IRS online accounts can file a Kwong-related refund claim on Form 843 through a new secure application before a Friday deadline.
Certain taxpayers with IRS online accounts can file a Kwong-related refund claim on Form 843 through a new secure application before a Friday deadline.
The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already provided direct deposit information.
The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already provided direct deposit information.
FASB published a proposed Accounting Standards Update to improve investment company financial reporting by amending how investment companies measure the fair value of an equity security that is subject to a contractual…
Headlines and summaries are drawn directly from the sources above. Links
open the original article on the publisher's site. Dees Gardner, CPAs curates the selection
but does not edit the content.