Tax Practice News
Managing Your Tax Practice's Risk Landscape in 2024: A Guide for Practice Leaders
As tax practice leaders navigate 2024's complex landscape, three major liability challenges demand immediate attention: the new Corporate Transparency Act (CTA), artificial intelligence integration, and evolving cybersecurity threats. Read more
Nov 7, 2024
What Tax Practitioners Need to Know About the New IRS Pass-Through Compliance Unit
In a significant shift that will affect tax practices nationwide, the Internal Revenue Service has activated its new pass-through compliance unit within the Large Business and International Division (LB&I). Read more
Nov 5, 2024
IRS and Security Summit Supply Online Safety Tips
As National Cybersecurity Awareness Month concludes and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to be wary of online threats like identity theft and fraud. Read more
Oct 31, 2024
Cybersecurity Essentials for Tax Practices
How do tax practitioners who don’t specialize in cyber security know how to handle and implement proper cyber security? As tax practices increasingly become targets for cybercriminals, practitioners must embrace cybersecurity. Read more
Oct 29, 2024
IRS Nationwide Tax Forum Online: A Valuable Resource for Tax Professionals
Tax practitioners looking to stay up-to-date with the latest information may be missing out on a key resource offered by the IRS- The Nationwide Tax Forum Online (NTFO). Read more
Oct 24, 2024