Taxes July 19, 2026
Blue J Offers Tax and Accounting Teachers and Students Free Access to AI-Powered Tax Research
The program helps students build lasting research judgment instead of memorizing rules that may soon be outdated.
CAS July 16, 2026
Specialty Tax Forum to Gather Russian-Speaking Professionals in Miami, Oct. 22-24
The Association of Russian-Speaking Accountants and Tax Professionals (ARSAT), has announced a national forum for 2026.
IRS July 16, 2026
IRS Business Mileage Rate Increases to Record 76 Cents Per Mile
The IRS raised the optional standard mileage rates for the remainder of this year. The reason: recent increases in the price of fuel, as gasoline once again inches close to $4 a gallon amid the renewed fighting between the U.S. and Iran.
Financial Reporting July 16, 2026
Why Small Business Clients Keep Getting Depreciation Wrong — And What CPAs Can Do About It
Fixed asset management isn't exciting but it's easy to get wrong. That makes it an under-served advisory opportunity.
Technology July 15, 2026
Canopy Launches Comprehensive Tax Workflow Automation
The new suite prioritizes firm control by keeping every AI-generated output fully transparent and editable before it reaches the client.
Taxes July 15, 2026
Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare
The old adage “the best defense is a good offense” applies equally to football games and IRS tax-exempt audits.
Taxes July 15, 2026
Make the IRS an Offer It Can’t Refuse
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
Taxes July 14, 2026
AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.
IRS July 13, 2026
Judge Rules Trump IRS Immunity Deal Has No ‘Basis in Law’
U.S. District Judge Kathleen Williams said the president's lawsuit against the IRS "was not brought to vindicate rights; it was brought to manipulate the judicial process to pursue benefits unavailable in litigation because the parties were not adverse.”
Taxes July 9, 2026
IRS Introduces Automatic Exemption From Penalty Process, Phases Out First Time Abate
The IRS on Wednesday announced a new automatic process that will provide penalty relief for taxpayers who have a history of filing and paying their tax debts on time instead of requiring them to request assistance.
Taxes July 9, 2026
IRS Final Rules Identify Certain CRATs as ‘Listed Transactions’
The final regulations identify certain arrangements claiming to be charitable remainder annuity trusts as "listed transactions," a specific type of abusive tax shelter that the IRS has formally identified as a tax-avoidance scheme.
IRS July 8, 2026
Are IRS Chatbots Really Helping Taxpayers?
It's a question that's difficult to answer because the data the IRS collects to measure chatbot performance is unreliable, limiting the agency's ability to determine whether the applications are operating effectively, the Treasury Inspector General for Tax Administration says.