Advertisement
TOPICS

IRS to merge tax practitioner offices despite AICPA opposition

The new Tax Professional Management Office will combine the Return Preparer Office and Office of Professional Responsibility functions under one structure, with the IRS saying their missions and oversight roles would remain unchanged.

Tax Court allows cattle ranch deductions

The Tax Court held that a Texas rancher operated with a profit motive, despite “troublingly large” losses more than 77 times his gross receipts from farming and ranching.

IRS appeals Kwong as advocate says refunds may be at stake

The IRS filed an appeal of the Court of Federal Claims’ Kwong decision, in which the court held that the filing deadline for refund claims for penalties and interest was automatically extended by Sec. 7508A(d) due to the COVID-19 disaster declaration.

What CPA.com’s CEO sees next for AI, tax, and the profession

AI is rapidly reshaping accounting, and this episode explores how firms can use it to transform tax, audit, and client advisory services. Erik Asgeirsson also reflected on Town Hall’s 2020 launch and previews ENGAGE. Listen to the podcast episode or read the Q&A.

FROM THIS MONTH'S ISSUE

New AICPA chair pitches a people-first profession

New AICPA Chair Jan Lewis shares why listening and service are central to her leadership approach. From advocating for small firms to navigating AI and strengthening the talent pipeline, Lewis outlines how she plans to steward a profession built on trust, relevance, and opportunity.