IRS Commissioner Danny Werfel says new unit is “another part of [the IRS’s] effort to ensure the IRS holds the nation’s wealthiest filers accountable to pay the full amount of what they owe.”
Day: September 20, 2023
‘Legendary’ Sid Kess remembered as a tax expert and so much more
Sid Kess is remembered by colleagues as both a highly proficient technical expert and a kind, caring human being who took an active interest in others’ wellbeing.
Revenue, partner income and profits keep growing at CPA firms
Accounting firms are seeing their revenues, partner income and profits increase this past year, even as more firms resort to outsourcing to fill their talent shortages.
FTC warns prep companies about misusing customer data
Five tax giants received a shot across the bow from the Federal Trade Commission.
Sidney Kess, a personal remembrance
For accountants, especially those in the tax and personal financial planning worlds, the passing of Sidney Kess at age 97 is “like losing a parent to the profession,” writes Andrea Millar, CPA/PFS, who shares her memories of a legend who educated countless CPAs and helped her grow the AICPA Personal Financial Planning section.
IRS sets up unit to focus on tax compliance at pass-throughs
The service is establishing a group within its Large Business and International division to bolster tax compliance at large partnerships and S corps.
IRS showcases student loan assistance programs
The service held a webinar to raise awareness about programs that companies can use to help employees pay off student loans and other educational expenses.