Accounting, tax, auditing news

LATEST NEWS

IRS urged by national taxpayer advocate to pause Kwong claims denials

National Taxpayer Advocate Erin Collins urged the IRS to halt denials of claims tied to ongoing Kwong litigation, arguing that taxpayers could lose rights or pursue unnecessary litigation while courts continue to consider the case. The IRS has received more than 275,000 refund and abatement claims related to Kwong, she said.

IRS proposes regulations implementing premium tax credit changes

IRS grants Hurricane Isaias tax relief in Alabama, Florida

Social Security wage base and COLA announced for 2027

AICPA recommends IRS clarification of Form 8050

AI and the audit: AICPA publishes practice aid to assist auditors

AICPA reminds states of disaster-relief process with filing deadline near

FEATURED ARTICLE

Automatically flag unusual transactions

Use Excel’s FILTER function to create an automatic exceptions report and stop sorting and scanning large spreadsheets each month. This JofA Technology Q&A article shows the way with step-by-step instructions and a video walkthrough.

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