CPA Never under estimate the value
In an annual report to Congress, the national taxpayer advocate says the IRS should prioritize improving service on the practitioner priority service line, which had a 29% call answer rate.
Source: Tax News
Read More here – Taxpayer advocate: IRS again fails tax pros with PPS call answer rate
In an annual report to Congress, the national taxpayer advocate says the IRS should prioritize improving service on the practitioner priority service line, which had a 29% call answer rate.
Source: JOA News
Read More here – Taxpayer advocate: IRS again fails tax pros with PPS call answer rate
With the IRS challenging the validity of many employee retention credit (ERC) claims, what should practitioners do if they come across questionable ERC claims during audit engagements? Experts Robert Durak and Michael Westervelt provide answers.
Source: JOA News
Read More here – Auditor options when finding ineligible ERC claims
More than one-third of month-end closing tasks were completed after 7 p.m., according to a software company’s review of its users’ habits.
Source: JOA News
Read More here – Accountants after dark: Evening work is common, research finds
A new statement requires governments to disclose concentrations and constraints that could make them vulnerable to a substantial impact.
Source: JOA News
Read More here – GASB guidance expands risk-related reporting requirements
IRS commissioner Danny Werfel promised “marked improvement” for the upcoming tax season, when almost 129 million individual tax returns are expected to be filed.
Source: Tax News
Read More here – IRS to begin accepting and processing 2023 tax returns on Jan. 29
IRS commissioner Danny Werfel promised “marked improvement” for the upcoming tax season, when almost 129 million individual tax returns are expected to be filed.
Source: JOA News
Read More here – IRS to begin accepting and processing 2023 tax returns on Jan. 29
Less than half of finance leaders in North America rate current economic conditions as “good or very good,” according to Deloitte’s 4Q23 North American CFO Signals survey, and most have a negative outlook regarding this year.
Source: JOA News
Read More here – CFOs’ optimism about the economy remains low
A former firm partner with expertise in ChatGPT or other AI tools shares why CPAs can’t afford to sit on the sideline and shares how to be responsive to your clients, your team at work, or both.
Source: JOA News
Read More here – CPAs at a crossroads: Real approaches to artificial intelligence
The Treasury Inspector General for Tax Administration said in its annual report that the total tax revenue collected from return filings was about $790 billion more than in FY 2021.
Source: Tax News
Read More here – IRS collects record-setting .9T in total tax revenue in FY 2022
