The IRS needed a month to process individual tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.
IRS took twice as long to process tax returns this year
The IRS received approximately 3 <a href="https://bitcomme.com/viennese-ai-startup-fonio-hits-10-million-arr/” title=”Viennese AI Startup fonio Hits $10 Million ARR”>million fewer calls than last year (about 28 million), but more calls were answered by automation (41%) compared to last year (34%).
Job satisfaction in accounting rises — slightly
Just over half of accountants report being “highly satisfied” with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.
Sadler Gibb leads in new SEC audit clients in Q2
Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.
On the move: A new board at NASBA
Plus, Johnson Lambert launches a new practice; Kaufman Rossin names CIO; and other firm and personnel news from across the profession.
AT Think | The Blanche order rewrote Trump’s audit immunity
If the DOJ can revise immunity language in one of the highest-profile tax settlements in memory, then no closing agreement your client is holding is immune.
