Two different studies recently pitted human CPAs against AI models in tests of accounting acumen, and while their results varied dramatically, both agreed that AI was still no substitute for living accountants.
Day: October 16, 2026
IRS urged to crack down on ‘ghost preparers’
The IRS needs to do more to identify and take action to protect taxpayers from preparers who don’t sign their clients’ returns, according to a new GAO report.
IRS plans Tax Professional Awareness Week
The Internal Revenue Service intends to host a series of webinars, videos, guidance and tools starting the week of Oct. 19 in preparation for next tax season.
IRS sends automatic refunds to taxpayers claiming adoption tax credit carryforward
The IRS anticipates the refund process for most eligible taxpayers to be complete by the end of this year in the latest payout ahead of the midterms.
Congress extended disaster tax relief. Which returns deserve a second look?
The Doug LaMalfa Federal Disaster Tax Relief Certainty Act can help clients with disaster losses and wildfire settlements, but be careful about the rules.