The royal treatment; tit for tat; false certifications; and other highlights of recent tax cases.
Day: March 20, 2025
IRS falls behind on refunds for dead taxpayers
Between January 2021 and July 2024, the IRS processed nearly 610,000 manual refunds for deceased taxpayers, but in many cases took over a year.
PCAOB reaches agreement with Romanian regulator
The Board and the Romanian audit oversight authority agreed on a statement of protocol that allows for cooperation for the oversight of auditors.
AI in advisory: What work is at risk?
The advisory services that artificial intelligence will dominate are primarily transactional and rely heavily on data analytics to deliver insights and advice.
Staying ahead of AI
Artificial intelligence may already be eating away at some advisory services.