Accounting, tax, auditing news

IRS overtime rose 12% in 2025 while workforce dropped, TIGTA says

Taxpayer Services staff handling calls, correspondence, and other tasks logged most of the overtime, the report from the Treasury Inspector General for Tax Administration said.

GASB seeks new board member

FASAB seeks feedback on proposed practical expedient for embedded leases

IRS stops billions in identity theft refunds but needs data earlier, report says

Jan Lewis elected AICPA chair

AICPA supports bills to limit BOI reporting to foreign-owned entities

Worried about that CP53E QR code? IRS updates FAQs