The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.
Category: NYT Accounting News
IRS posts data from 2025
The Internal Revenue Service released its 2025 Data Book outlining activities during fiscal year 2025, as it continued to carry out functions despite cutbacks.
IRS takes new approach to fighting ID theft and tax fraud
The Internal Revenue Service is restructuring the framework of its Security Summit public-private partnership to fend off tax-related identity theft.
IRS creates Tax Professional Management Office
The new office will oversee the Return Preparer Office and the Office of Professional Responsibility, starting June 28.
IRS plans rules for executive comp at nonprofits
Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.
Financial restatements drop 18%
Corporate restatements dropped by almost a fifth in 2025, according to a report from Ideagen Audit Analytics, continuing a long-term over trend of decreases.
Accounting loses 5,400 jobs despite strong overall report
Employers added a 172,00 jobs overall last month, but there were losses in some sectors, including accounting, tax, bookkeeping and payroll services.
IRS starts looking for staff nationwide
The Internal Revenue Service announced a series of hiring events for entry-level customer service reps and tax examining technicians.
On the move: ConvergenceCoaching names new class of leaders
Plus, Weaver and Wipfli name new partners; RSM turns 100; Boulay installs new MP; and other firm and personnel news from across the profession.
‘AI cannot audit itself’ — a response
A reader responds to concerns about the interactions of auditors and artificial intelligence.