The Latest

The advisory group’s annual report supports the IRS’s 2022 budget request.

More companies have issued financial restatements in the second quarter of 2021 than any year since 2013, driven in part by recent SEC guidance on SPACs.

The Internal Revenue Service posted a series of videos to explain how taxpayers can steer clear of scammers who claim to be able to help them with their tax debts while charging exorbitant fees and making outrageous claims.

The Internal Revenue Service is strengthening the identity verification and sign-in process for its online self-help tools after a number of high-profile data breaches.

The ASU requires businesses to disclose information about some types of government assistance they receive within the notes to their financial statements.

The National Association of State Boards of Accountancy honored three CPAs at its 2021 Annual Meeting who have helped push the profession forward.

Should educators and students be concerned about these changes?

Well-off professionals in costly areas of the U.S. are set to get a windfall from competing plans to change the deduction limit for state and local taxes.

A lawyer who questioned the software billionaire in an antitrust lawsuit supported prosecutors who fake dementia to avoid trial on tax-evasion charges.

Sen. Bernie Sanders is working on a proposal to set an income threshold for an unlimited state and local tax deduction.