News

The new year promises many changes for the IRS, and one old problem: a backlog of mail and a backed-up phone system that leaves taxpayers and practitioners on hold and frequently drops calls even after a long wait, notes the Journal of Accountancy.

While stress is difficult to avoid during this hectic time, practice leaders can mitigate the impact of stress on employees, says CPA Practice Advisor.

As enterprises around the world face formidable business challenges, here are four things CFOs should prioritize next year, according to CFO.com.

CPAs can play crucial roles in helping navigate the evolving landscape as state tax authorities ramp up efforts to source additional revenue from out-of-state workers and the companies they work for, notes the Journal of Accountancy.

Ongoing leadership development can reinforce organizational stability, even in a difficult economy, says CFO.com.

At the end of the day, cyberattacks can have a detrimental impact to firms. Don’t wait until it’s too late to develop an effective data security plan, notes CPA Practice Advisor.

Check out this week's episode of the Current Federal Tax Developments podcast! (October 20, 2025)

A transformation project that integrates data, processes, and people in a single platform optimizes decision-making and planning, notes CFO.com.

IRS encourages tax professionals to increase their efforts to inform clients about the IRS Identity Protection PIN Opt-In Program to help protect people against tax-related identity theft. The IP PIN serves as a critical defense against identity thieves and is now available to anyone who can verify their identity.

The proposed 2024 CPA Exam, redesigned in response to the changing landscape of accountancy and focused on competencies crucial to the success of newly licensed CPAs, is available for review and comment, notes the Journal of Accountancy.