The Internal Revenue Service is facing hurdles in measuring the benefits of its customer service investments, according to a new government report.
Category: NYT Accounting News
IRS foresees challenging tax filing season ahead
Internal Revenue Service officials described their priorities for tax professionals at an AICPA tax conference, as the agency deals with a sharply reduced workforce and a challenging tax season next year.
In the blogs: A change in the landscape
Bracket creep; runaway productions; a knock at the door; and other highlights from our favorite tax bloggers.
HBK expands in Florida
The Top 50 Firm acquired McDirmit Davis in Orlando and added Gary Sanders to its Southwest Florida team in Naples, Florida.
Blue J announces $176M in Series E round
Blue J announced it raised $176 million in a Series E round, which valued the company at more than $700 million.
PCAOB fines MGO $500,000
The Public Company Accounting Oversight Board sanctioned Top 100 Firm Macias Gini & O’Connell, and two partners, over their audit of a biotech company that went bankrupt.
Numica raises $21M to buy firms, put them on AI platform
Numica has reportedly already acquired seven accounting practices to bring onto its artificial-intelligence-based platform.
Average tax rate drops 4%
The IRS claims ‘historic’ performance as collections rise and tax rates drop.
Tax Strategy: 2026 year-end tax planning
10 questions you and your clients need to think about before Dec. 31.
Your client’s AI subscriptions are a practice risk
Transcription services, document analysis tools and research assistants have spread across businesses of every size. Some of these tools now hold contracts, payroll files and draft financial statements.