IRS Introduces Automatic Exemption From Penalty Process, Phases Out First Time Abate
The IRS on Wednesday announced a new automatic process that will provide penalty relief for taxpayers who have a history ... Read More
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IRS Final Rules Identify Certain CRATs as ‘Listed Transactions’
The final regulations identify certain arrangements claiming to be charitable remainder annuity trusts as “listed transactions,” a specific type of abusive ... Read More
Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council
The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its ... Read More
Xero Announces New AI Innovations at Xerocon London
Xero touted new AI-powered features within its agentic platform JAX that make it easier for small businesses and accountants and bookkeepers ... Read More