Featured News
-
Wisconsin to join Direct File program in 2025
Eligible Wisconsin taxpayers will have the option to file their taxes online directly using the IRS Direct File program in 2025.
-
AICPA joins coalition to fight intensifying tax scams
Over 60 groups, including the AICPA, have formed a coalition to fight scams and schemes directed at taxpayers that intensified during the previous filing season.
-
Survey: Half of small businesses face financial literacy woes
A new survey finds that 50% of small business owners actively face fiscal challenges due to a lack of financial literacy.
-
IRS updates security plan guide for tax pros
The IRS updated its written information security plan (WISP) template to help protect tax practitioners and their clients from identity thieves.
-
US small business confidence hits 2 1/2-year high
U.S. small business confidence reached its highest level since February 2022 in July, indicating that fears of a recession were overblown.
-
IRS shares new draft version of crypto tax form
The IRS has released an updated draft version of Form 1099-DA, which cryptocurrency brokers will use to report digital asset transactions starting in 2025.
-
IRS pays out more claims for ERC program
The IRS is paying out more claims for the Employee Retention Credit (ERC) program while intensifying its audits and investigations into potential fraud and abuse.
-
Companies with 'unstructured data' struggle with AI prep
A new survey finds that the boom in artificial intelligence (AI) technology tools is forcing companies to consider data management upgrades.
-
IRS requires tax pros to use MFA for account security
The IRS and its Security Summit partners have made multi-factor authentication (MFA) mandatory for tax professionals to protect clients' sensitive information.
-
FASB releases 2024 Investor Outlook report
The FASB released its 2024 Investor Outreach Report, highlighting the board's engagement with investors.