Accounting, tax, auditing news
LATEST NEWS
September 29, 2026
GAO tax fraud estimate puts annual losses at up to $304 billion
A first-of-its-kind GAO analysis estimates annual federal tax fraud losses at $116 billion to $304 billion. The report said that the IRS needs a coordinated antifraud strategy. The IRS partially agreed with the recommendations but disputed aspects of the report's methodology.
September 28, 2026
IRS launches mobile app with expanded account access
September 25, 2026
Identity theft victims waited 20 months for IRS case resolution
September 25, 2026
GASB issues guidance for its reporting model related to subsidies
September 24, 2026
IRS finalizes increase in estate tax closing letter fee
September 24, 2026
IRS raises per diem rates for business travel effective Oct. 1
September 23, 2026
FASB proposes update to residential mortgage servicing rights guidance
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