The Canada Revenue Agency (CRA) has confirmed that it is using artificial intelligence (AI) in parts of its operations, but it has clarified an important point: AI is not used to make decisions on individual personal tax returns. This statement comes amid growing public concern about how governments are adopting AI and whether automated systems … Read more
The Internal Revenue Service (IRS) has introduced updated charitable deduction tax rules for 2026, bringing important changes that could affect how individuals and businesses claim deductions for donations. Whether you donate cash, property, or other assets, understanding these updates can help you maximize tax benefits while staying compliant. What Is a Charitable Tax Deduction? A … Read more
The Internal Revenue Service (IRS) is facing a growing CAF (Centralized Authorization File) processing crisis, creating delays and frustration for tax professionals and taxpayers alike. As backlogs increase, the ability to quickly authorize representatives and access client information has been significantly impacted. What Is the IRS CAF System? The Centralized Authorization File (CAF) is a … Read more
In a significant internal move, the Internal Revenue Service (IRS) has placed a large number of its staff—temporarily reassigned to taxpayer services—on an extended tour of duty. The decision reflects ongoing efforts to improve taxpayer assistance while managing operational pressures within the agency. What the Move Means The IRS has been detailing (temporarily reassigning) employees … Read more