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The Treasury Department and IRS have issued initial guidance for owners of green energy projects, such as wind, solar and energy storage technologies.

In a signal that IRS operations are returning to normal, the deputy commissioner for collection and operations support said the agency plans to resume some collection notices.

The AICPA released an expanded plan Thursday, May 18, focused on boosting the profession’s talent pipeline.

The IRS confirmed on Tuesday, May 16, that it is taking steps to begin a pilot program for an IRS-run “Direct File” e-filing system.

The maximum contribution to a health savings account (HSA) and certain related benchmarks will again be sharply higher next year.

Several tax organizations have formed a coalition to inform taxpayers and practitioners of the new beneficial ownership information (BOI) reporting requirement.

The AICPA is inviting CPA firms to participate in its 2023 PCPS/CPA.com National Management of an Accounting Practice (MAP) Survey.

The FASB has issued a formal proposal to clarify existing guidance on GAAP related to profits interest, a form of compensation also known as carried interest.

The IRS Independent Office of Appeals is seeking public input on how best to improve access to Appeals for taxpayers who do not live near an Appeals office.

The AICPA supports a bipartisan bill that would expand eligible uses of 529 savings plans to include fees and expenses required to obtain or maintain recognized postsecondary credentials, including professional credentials and certifications.