Day: July 16, 2026

Back-to-school haircuts; two revenue books; voluntary surrender; and other highlights of recent tax cases.

Financial Accounting Standards Board chair Richard Jones is preparing for new agenda projects as well as the likelihood of a semiannual reporting option.

The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.

As AI gets more integrated into accounting firm operations, you need people who already know how to work with AI, and how to give the right prompts and commands.

Blanche said he didn’t know who at the Justice Department wrote the language providing immunity from tax audits, though he signed the agreement approving it.