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1.
Accounting Today
accountingtoday.com > news > senate-dems-question-irss-readiness-for-tax-season

Senate Dems question IRS's readiness for tax season

Senate Dems question IRS's readiness for tax season1+ hour, 22+ min ago  (496+ words) In a letter to Treasury Secretary and acting Internal Revenue Service commissioner Scott Bessent, 17 Senate Democrats said they have "serious concerns" about the IRS's readiness for the imminent tax season. According to a report by ABC News, the 17 senators, led…...

2.
Accounting Today
accountingtoday.com > opinion > for-cpas-one-license-and-55-rulebooks

For CPAs, one license — and 55 rulebooks

4+ hour, 38+ min ago  (471+ words) Most people assume that when they hire a CPA, the title means the same thing everywhere. In reality, the U.S. CPA system functions less like one profession and more like 55 parallel jurisdictions. Each state and territory has its own board of…...

3.
Accounting Today
accountingtoday.com > news > irs-makes-whistleblowing-easier

IRS makes whistleblowing easier

8+ hour, 17+ min ago  (287+ words) The Internal Revenue Service's Whistleblower Office now has an easier way to report tax noncompliance with the new digital'Form 211, "Application for Award for Original Information." Individuals can now securely provide information electronically to the Whistleblower Office in digital format, reducing…...

4.
Accounting Today
accountingtoday.com > opinion > michigan-enacts-budget-legislation-decoupling-provisions-from-one-big-beautiful-bill

Michigan enacts budget legislation decoupling provisions from OBBBA

9+ hour, 18+ min ago  (412+ words) Michigan Governor Gretchen Whitmer signed House Bill 4961 into law on Oct. 7, 2025, decoupling the state from the five provisions of the federal One Big Beautiful Bill Act. They are listed below: "Michigan's main incentive for decoupling was to increase state revenue,…...

5.
Accounting Today
accountingtoday.com > news > what-do-tax-preparers-charge

What do tax preparers charge?

10+ hour, 8+ min ago  (903+ words) Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey " but challenges loom in the form of pricing questions (and intense internal self-doubt on the part of preparers) and…...

6.
News18
news18.com > business > tax > income-tax-refunds-delayed-due-to-form-16-mismatch-what-taxpayers-should-know-9787779.html

Income Tax Refunds Delayed Due To Form 16 Mismatch: What Taxpayers Should Know

Income Tax Refunds Delayed Due To Form 16 Mismatch: What Taxpayers Should Know13+ hour, 46+ min ago  (490+ words) A rising number of salaried taxpayers awaiting refunds for Assessment Year 202526 are seeing their income tax returns remain pending for extended periods. The Income Tax Department has temporarily paused refund processing in cases where exemption claims made in the return…...

7.
Accounting Today
accountingtoday.com > news > treasury-announces-states-housing-credit-carryovers

Treasury announces states' housing credit carryovers

21+ hour, 20+ min ago  (312+ words) The Treasury Department has released Rev. Proc. 2026-9, which contains the amounts of unused housing credit carryovers allocated to qualified states under IRC Sec. 42(h)(3)(D) for calendar 2025. The notice, which will be published in the Internal Revenue Bulletin on Jan. 20, provides guidance…...

8.
Accounting Today
accountingtoday.com > articles > wh-smith-faces-uk-probe-over-accounting

WH Smith faces UK probe over accounting

WH Smith faces UK probe over accounting1+ day, 4+ hour ago  (629+ words) WH Smith Plc is under investigation by the UK's Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer. The embattled retailer also cut its…...

9.
Accounting Today
accountingtoday.com > news > leaders-confident-in-data-but-still-find-errors-regularly

Leaders confident in data, but still find errors regularly

1+ day, 4+ hour ago  (320+ words) The vast majority of finance leaders feel confident about the quality of their own data, but this might be an overconfidence as a majority still regularly find errors in their own data." Respondents conceded that this has caused some issues…...

10.
Accounting Today
accountingtoday.com > opinion > from-cpa-to-financial-chief-of-staff

From CPA to financial chief of staff

1+ day, 4+ hour ago  (456+ words) For many successful families and business owners, financial success can feel like a separate full-time job." Tax and investment decisions ripple through every part of a family's finances. The pace of regulation, changing markets and evolving estate laws make it…...