The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.
Day: March 24, 2026
AI driving firms, clients to revisit pricing models
A majority of accounting firms say they are changing their messaging around pricing as clients increasingly question their cost models in the age of AI efficiencies.
In the blogs: Take the high road
Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers.
Over 1.4M taxpayers now facing tax refund delays
Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.
IRS AI projects fall by the wayside due to staff cuts
The Internal Revenue Service’s efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.