Microsoft tracked phishing campaign hitting 29,000 accountants/tax preparers daily using fake IRS EFIN and e-Services emails delivering remote-access malware; warns of evolving threat landscape for...
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Tax professionals' AI adoption for research jumped to 60% weekly use in 2026, but the trend has a dark side: employees are using AI to fabricate expense receipts, a phenomenon called 'revenge spend...
IRS advisory committee recommends sustained funding for AI tools while implementing preparer regulation and fraud prevention safeguards in tax administration.
IRS fraud rings are leveraging AI to supercharge tax scams beyond traditional refund theft, signaling a new threat level for tax professionals and compliance systems.
Academic paper models how a breach in shared AI vendors used for fraud detection and credit decisioning across banks could cascade into systemic financial contagion.
AICPA pushes back on IRS guidelines requiring tax practitioners to pass AI savings to clients, citing implementation costs and value-pricing concerns.