The Internal Revenue Service warned taxpayers Tuesday to beware of a quickly proliferating scam involving erroneous tax refunds being deposited in their bank accounts, after a data breach on their tax preparers’ computers gives them access to sensitive client information.

The Internal Revenue Service and the Treasury Department announced changes Tuesday in the procedures for changing the accounting period of foreign corporations owned by U.S. shareholders subject to the transition tax under the Tax Cuts and Jobs Act.

The Trump administration’s fiscal year 2019 budget proposal includes increasing oversight of paid tax preparers along with more authority for the Internal Revenue Service.

The buy adds incentive management capabilities that help companies comply with the new rev-rec standard.

There are few words that make accountants more uncomfortable than robots, cloud software and artificial intelligence. These are the hot topics in financial technology, but they are also the very things that accountants fear will make them irrelevant.

Fairness at last for vets; troublesome forms; ‘non-employee withholding;’ and other highlights from our favorite tax bloggers.

Surprisingly, the expansion into broader advisory services has been slow and limited at most firms.

The Internal Revenue Service needs to do more to prevent inactive Employer Identification Numbers from being used to commit business identity theft and tax fraud, according to a new government report.

The Center for for Technology, Media and Telecommunications will conduct research into how clients can use technology-driven business models.

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the government spending bill signed into law on Friday.