The AICPA’s vice president–Tax Policy & Advocacy said President Donald Trump’s executive order to freeze hiring at the IRS should not affect seasonal employees, who likely are already hired and ...
New pilot programs will test changes to existing alternative dispute resolution (ADR) programs, including fast-track settlements (FTS), the IRS said Wednesday in Announcement 2025-6. The first pilot ...
The IRS issued final regulations (T.D. 10030) on Tuesday that address resolution of federal tax controversies by the Independent Office of Appeals. The regulations include 24 exceptions to ...
The SEC's Office of the Chief Accountant (OCA) is accepting applications for Professional Accounting Fellow positions that will begin in the summer of 2025. OCA is seeking candidates who want to ...
Finance leaders at larger companies are beginning the new year with renewed optimism. Almost three-fourths of CFOs think the economy will improve over the next year, according to Deloitte's fourth ...
Danny Werfel, who had two years remaining on his term, said he made the decision after “significant introspection and consultation.” An AICPA statement praised Werfel for “moving the IRS in the right ...
The IRS issued proposed regulations (REG-118988-22) providing guidance on Sec. 162(m)(3)(C), added by the American Rescue Plan Act of 2021 (ARPA), P.L. 117-2, that expands the Sec. 162(m) annual ...
The IRS issued final regulations (T.D. 10027) regarding taxpayers who must pay taxes on gifts or bequests that they receive from certain individuals who gave up their U.S. citizenship or residency.
The IRS said it used feedback from tax advisers to write the proposed regulations, which include new multiyear tax reporting requirements.