Accounting, tax, auditing news

AICPA recommends IRS clarification of Form 8050

The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be included in exempt organizations' publicly available tax return filings. An AICPA letter said the change would reduce the risk of inadvertently disclosing sensitive banking information.

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

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

AICPA among organizations proposing Valuation Performance Framework

Recasting retirement: 3 ways AI is changing client-adviser conversations

Treasury, IRS propose regulations for education tax credit

PCAOB shares agendas for rulemaking, research