The Latest

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.

Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before.

The thoughtful development of a formalized internal control framework can help with effective management of risk.

The American Institute of CPAs is offering more than $125,000 through the CPA Exam Scholarship and the COVID-19 Student Hardship Grant.

Top administration aides are set to meet with a group of senators trying to come up with an infrastructure compromise.

A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies.

Tax experts dissent the Biden budget proposal in search of planning opportunities.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.