At a recent meeting with Kimberly Rogers, Director of the Return Preparer Office (RPO), she released the following numbers from the 2023 PTIN renewals:

As part of the IRS’ effort to continue combatting identity theft and protecting taxpayers’ personal information, we’re making changes that will impact how tax professionals receive transcripts.

The Internal Revenue Service has updated frequently asked questions in Fact Sheet 2024-15 to addresses the federal income tax treatment

The annual Data Book, issued by the IRS details the agency’s activities during fiscal year 2023 (October.

Have your clients sent you a notice they received and you were unable to determine the problem?

The Service has issued Notice 2024-35 which provides relief with respect to certain required minimum distributions (RMDs) that are not ma

What is the “Green Book?”

With the April tax filing deadline here, the Internal Revenue Service highlighted a variety of improvements that dramatically expanded service for millions of taxpayers during the 2024 filing seaso

Based on information provided by “Tax Practice News” the accounting profession’s staffing shortage has finally reached critical status after nearly a decade of declining accounting graduates.