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Many companies are at risk of falling behind schedule on implementing the revenue recognition standard, according to a new survey by Ernst & Young, and CFOs and CIOs are not in agreement on the reason why.

A federal district court has ruled in favor of tax preparers who filed a class-action lawsuit against the Internal Revenue Service over its right to charge fees for Preparer Tax Identification Numbers, and the IRS may need to refund hundreds of millions of dollars in fees collected each year.

The company also has modified the user interface for its mobile app.

A regulatory probe into PricewaterhouseCoopers LLP related to Tesco Plc’s accounting scandal was dropped as the Financial Reporting Council said there was little chance of an adverse finding in the case.

House Republicans are growing frustrated with the lack of any details about the Trump administration’s tax plan, as the slow pace leaves lawmakers in limbo in their negotiations over how to deliver on long promised tax cuts.

Congressional Democrats might abandon their calls for raising the nation’s debt limit without any conditions, with House and Senate party leaders now discussing whether to use their leverage to try to prevent Republicans from enacting tax cuts for wealthy Americans.

Donald Trump filed for an extension to submit his 2016 tax returns, NBC News reported Saturday, citing a White House official, the latest reminder that the billionaire president continues to break with tradition and has not released his tax history.

The cloud hosting company now provides users the ability to control their own account set up, permissions and client onboarding.

Charles Hylan of the Growth Partnership dives into the details of the annual Rosenberg MAP Survey of accounting firms, including why M&A is going to account for more firm growth in the future, the profession’s average turnover rate, how partner compensation is changing, and much more.

Technical competence isn't the most important thing in establishing a financial planning practice, according to U.S. Wealth Management's John Napolitano.