AICPA Asks Dept. of Education to Re-Add Accounting to List of ProfessionsUncategorized27 February 2026The AICPA joins voices of CPAs across the country, with many state CPA societies also submitting comments to the Department ... Read More
Bipartisan Senate Finance Committee Bill Promises ‘Commonsense Fixes’ to IRSUncategorized27 February 2026The 162-page draft bill, called the Taxpayer Assistance and Service Act, bundles a number of already introduced tax administration bills ... Read More
Judge Says IRS ‘Violated the IRC Approximately 42,695 Times’ by Giving Confidential Taxpayer Information to ICEUncategorized27 February 2026A federal judge on Thursday said the IRS broke the law by violating the Internal Revenue Code approximately 42,695 times ... Read More
AICPA Requests Guidance for Itemized Deductions and Trump AccountsUncategorized26 February 2026The letter focuses on Section 70111, which modifies the Section 68 limitation on itemized deductions and provides comments on Notice ... Read More