The Latest

A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season.

As a result of increasing technology and automation, accounting firms are finding themselves at a crossroads.

The New Jersey Society of CPAs collected $38,057 and nearly 2,700 pounds of food to benefit the Community FoodBank of New Jersey.

For Americans worried about rising prices and shrinking household budgets, January could bring another blow to the bottom line.

Warren Averett promotes 12 to members; FASB appoints two to Small Business Advisory Committee; and more CPA news.

The Internal Revenue Service is asking more charities and tax-exempt organizations to file their information returns electronically as required by the Taxpayer First Act of 2019, but its aging systems are experiencing delays that are frustrating tax professionals.

As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “Have you had a pivotal moment in your career? What made it pivotal, and did you know its significance at the time?”

Just make up employees; working from home; distrust; and other highlights of recent tax cases.

The IMA hopes that next year the public will come to view accountants as action heroes, helping them meet the many difficulties confronting society.

KPMG International reported the annual aggregated revenues of its member firms around the world grew 10% to $32.13 billion for the fiscal year ending Sept. 30, 2021.