The Latest

The update changes how investment companies such as mutual funds can measure the fair value of an equity security subject to a contractual sale restriction.

The Trump administration would try to lower the federal budget deficit through Congress by the end of this year if Democrats are able to flip either chamber in the midterms.

Caseware announced upgrades that allow users to bring its AI agents into Microsoft Excel, along with an AI-first evolution of its Client Requests feature.

Tax audits by the Internal Revenue Service focus overwhelmingly on the richest taxpayers — and on the poorest, leaving middle-income earners the least likely to be audited.

Most seasoned accounting professionals know what ownership means in day-to-day work at their firms, but putting it into words can be difficult.

Both the U.S. and Canada have increased tariffs across the border in recent weeks, ratcheting them as high as 50% — and businesses are caught in the middle.

Appeals versus the Tax Court; fourth quarter tax projections; state budget planning; and other highlights from our favorite tax bloggers.

UHY acquired Adamson & Company in Corpus Christi, Texas, continuing its streak of dealmaking activity.

Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network.

Hall CPA, a firm focused on serving real estate investors, acquired Tooth & Coin, marking its first acquisition and expansion into the dental practice industry.