Featured News
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                            IRS updates security plan guide for tax prosThe IRS updated its written information security plan (WISP) template to help protect tax practitioners and their clients from identity thieves. 
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                            US small business confidence hits 2 1/2-year highU.S. small business confidence reached its highest level since February 2022 in July, indicating that fears of a recession were overblown. 
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                            IRS shares new draft version of crypto tax formThe IRS has released an updated draft version of Form 1099-DA, which cryptocurrency brokers will use to report digital asset transactions starting in 2025. 
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                            IRS pays out more claims for ERC programThe IRS is paying out more claims for the Employee Retention Credit (ERC) program while intensifying its audits and investigations into potential fraud and abuse. 
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                            Companies with 'unstructured data' struggle with AI prepA new survey finds that the boom in artificial intelligence (AI) technology tools is forcing companies to consider data management upgrades. 
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                            IRS requires tax pros to use MFA for account securityThe IRS and its Security Summit partners have made multi-factor authentication (MFA) mandatory for tax professionals to protect clients' sensitive information. 
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                            FASB releases 2024 Investor Outlook reportThe FASB released its 2024 Investor Outreach Report, highlighting the board's engagement with investors. 
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                            Tax pro complaint leads to review of advocate phone serviceA tax practitioner’s complaint about the long wait for a response to help a client with financial hardship led to an unflattering review by the Treasury Inspector General for Tax Administration. 
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                            Survey: 60% of firms expect to hold finance staffing steadyWhile most firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a recent survey. 
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                            NPAG publishes accounting talent strategy reportThe National Pipeline Advisory Group (NPAG) has published a report that calls for a profession-wide effort to bolster the supply of accounting talent. 
