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India’s tycoon Singh brothers took at least 5 billion rupees ($78 million) out of the publicly traded hospital company they control without board approval about a year ago, people with knowledge of the matter said.

AI can be a problem for some CPA firms, particularly for those concentrated on attest services, which already have thin margins.

The Internal Revenue Service needs to do more to prevent inactive Employer Identification Numbers from being used to commit business identity theft and tax fraud, according to a new government report.

The Center for for Technology, Media and Telecommunications will conduct research into how clients can use technology-driven business models.

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the government spending bill signed into law on Friday.

Cherry Bekaert LLP, a Top 100 Firm, is expanding to Austin, Texas by acquiring Powell, Ebert & Smolik, PC, one of the biggest CPA firms there.

The test-makers are working to keep it responsive to the needs of candidates, employers and the profession. AICPA vice president of exams Mike Decker explains how.

The Big Four firm had the larger number of new clients for the year, but the Seattle firm netted the most.

Help the IRS debunk a handful of taxpayer misconceptions for this filing season.

Many smaller firms can’t capitalize on the opportunities that may be in front of them because their leadership and corporate governance aren’t properly aligned.