The recommendations include allowing taxpayers to rely on substitute reasonable cause when appropriate, permitting them to reserve the automatic first-time abatement for future use.

The AICPA Professional Ethics Executive Committee seeks comment on a revised definition to gather input on whether the ...

"AICPA urges IRS to widen first time abatement penalty relief" was originally created and published by The Accountant, a ...

The institute called on the IRS and the US Treasury to use their authority under section 6654(e)(3)(A) to grant penalty ...

The US DoE will review all submissions before issuing final rules. Credit: Tada Images/Shutterstock.com. (Tada ...

Business executives who are also CPAs are feeling more upbeat about the overall U.S. economy this year and their own ...

The contribution honors the legacy of Nicholls alumnus Barry Melancon, certified public accountant, chartered global ...

The American Institute of CPAs' Auditing Standards Board posted a work plan for 2026 through 2027 and a five-year strategic ...

Expectations of lower borrowing costs and pro-growth economic policies this year have sparked optimism among top financial executives, according to a survey.

The certification reinforces Revmo AI's commitment to operational security and compliance PHOENIX, March 3, 2026 /PRNewswire/ -- Revmo AI, the conversational AI platform that provides autonomous AI ...

Business executives reported higher optimism about the U.S. economy this quarter, while confidence in their own companies' prospects also improved, according to the first-quarter AICPA and CIMA ...

The AICPA’s stance is supported by a Harris Poll survey conducted in 2025.