4+ day, 13+ hour ago  (431+ words) Uncredentialed preparers of tax returns often produced returns containing basic errors, inflated deductions, and misapplied credits, a nonprofit advocacy group's investigation during the 2025 filing season found. The report, released last month by the Center for Taxpayer Rights, comes as Congress…...

10+ mon, 1+ week ago  (292+ words) In Rev. Proc. 2025-23, the IRS on Monday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently modified, apply. Rev. Proc. 2015-13 itself updated and revised prior general procedures…...