In new guidance focused on responsible artificial intelligence (AI) use in tax practice, the IRS reminds practitioners that ...

The IRS warned that AI’s risks — including fabricated outputs and data privacy concerns — require practitioners to verify ...

The IRS introduced preliminary AI guidelines for tax practitioners using AI that, among other things, call for firms to ...

If you have clients who need (or plan to need) a business valuation for estate-planning purposes, don’t wait until the last minute. The already lengthy backlog could be getting even longer. In ...

The IRS Office of Professional Responsibility (“OPR”) has exclusive authority to administer and enforce Circular 230 (“Circ. 230”), the Regulations Governing Practice before the Internal Revenue ...

The American Institute of CPAs (AICPA) has submitted recommendations to the Internal Revenue Service (IRS) for consideration ...