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News

Accounting Today
accountingtoday.com > news > irs-extends-safe-harbor-for-carbon-capture-tax-credit

IRS extends safe harbor for carbon capture tax credit

3+ week, 3+ day ago   (282+ words) Notice 2026-50, which the IRS and the Treasury issued last week, provides interim guidance, pending the...leading to requests by the carbon capture industry for expanding the earlier safe harbor provided by the IRS...The IRS has created a new Office…...

Accounting Today
accountingtoday.com > news > tax-fraud-blotter-keep-on-truckin

Tax Fraud Blotter: Keep on truckin"

1+ week, 3+ day ago   (1210+ words) Pallen signed and submitted 14 fake certified checks to the IRS in November 2024 and January 2025, totaling...In February 2025, the defendant called the IRS to ask whether his checks had been received and to inquire...man pleaded guilty to filing a false…...

Accounting Today
accountingtoday.com > opinion > can-ai-ruin-professional-education

Can AI ruin professional education?

2+ week, 4+ day ago   (459+ words) IRS CEO Frank Bisignano met with tax professionals from the New York area during the IRS's Nationwide...

Accounting Today
accountingtoday.com > news > sax-wealth-advisors-adds-florida-wealth-manager-lighthouse-financial

Sax Wealth Advisors adds Florida wealth manager

3+ week, 2+ day ago   (288+ words) IRS staffers have faced canceled telework, forced relocations, delayed FMLA requests, and changes to...Plus, Acculink CPA announces free IRS Notice Decoder; AuditDashboard releases Collaborative Scheduling...

Accounting Today
accountingtoday.com > list > meet-the-2026-best-midsized-and-large-accounting-firms-to-work-for

Meet the 2026 Best Midsized and Large Firms to Work For

3+ day, 17+ hour ago   (133+ words) A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of...

Accounting Today
accountingtoday.com > news > hbk-gets-investment-from-h-i-g-capital

HBK takes outside investment

2+ week, 5+ day ago   (358+ words) Institute of CPAs updated a practice aid on auditing stablecoins and cryptomining revenue, and asked the IRS...The IRS is transitioning its technology systems, including secure APIs and a new intake system for electronically...

Accounting Today
accountingtoday.com > list > on-the-move-rkl-installs-new-ceo

On the move: RKL installs new CEO

1+ week, 2+ day ago   (148+ words) The Treasury Department and the IRS issued proposed regulations threatening to end the tax-exempt status...

Accounting Today
accountingtoday.com > news > xerocon-2026-use-ai-but-stay-aware-of-security-risks

Xerocon 2026: use AI but stay aware of security risks

2+ week, 5+ day ago   (581+ words) For instance, the IRS recently interpreted circular 230 to say that sending personally identifying information...put in a policy and put a process in place that your whole firm follows to ensure you comply with the IRS...

Accounting Today
accountingtoday.com > list > meet-the-2026-best-accounting-small-firms-to-work-for

Meet the 2026 Best Small Firms to Work For

3+ day, 17+ hour ago   (135+ words) A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of...

Accounting Today
accountingtoday.com > opinion > when-a-clients-mailbox-is-sending-fake-invoices-the-password-reset-is-only-the-beginning

When a client's mailbox is sending fake invoices, the password reset is only the beginning

6+ day, 22+ hour ago   (188+ words) The IRS will be cracking down further on people who fail to file tax returns after earlier efforts didn't...

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