Accounting, tax, auditing news

IRS stops billions in identity theft refunds but needs data earlier, report says

A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.

Jan Lewis elected AICPA chair

AICPA supports bills to limit BOI reporting to foreign-owned entities

Worried about that CP53E QR code? IRS updates FAQs

FASB issues standard for clarifying environmental credit disclosures

Final regs. modify reporting obligations for Form 8308, Part IV

AICPA submits nearly 200 recommendations for IRS guidance plan