IRS now processing ‘extender’ returns

Taxpayers claiming certain deductions can now start checking ‘Where’s My Refund?’


12 red flags that can trigger an IRS audit

Audit rates are dropping, but there are still triggers that taxpayers can avoid to reduce their risk even further.


AICPA wants more IRS guidance on foreign corporate taxes

The American Institute of CPAs is asking the Internal Revenue Service to provide additional details on how it will be treating foreign corporate income under the new tax law.


IRS may make it easier to claim the EITC

The Internal Revenue Service is being urged to consider modifying the 1040 form to simplify claiming the Earned Income Tax Credit.


Ex-FASB member would like to see changes

Larry Smith, who served as a member of the Financial Accounting Standards Board from 2007 until 2017, is watching some of the standards he worked on for a decade now being rolled out, but he believes the board should be doing more on performance reporting and the FASB Accounting Standards Codification.


Vetter leaves Xero to speak and consult full time

The accounting and tech veteran will be providing public speaking, education, consulting and advisory services through her company QuickStart Training.


Survey names top software for accountants

Survey respondents identify the solution used in their accounting firm that has the greatest impact on profitability, risk mitigation and productivity.


AICPA proposes independence rules for tech services

The institute has released a new exposure draft on information systems design.


IRS Taxpayer Advocacy Panel seeks applicants

Members identify major taxpayer concerns and recommend service improvements.


Tax Fraud Blotter: Watt a scheme!

All in the family; end of a Dream; more flags in Maryland; and other highlights of recent tax cases.