The Latest

Rupert Grint, who played Ron Weasley in the Harry Potter movies, failed in an effort to recover approximately 1 million pounds on his tax refund from the United Kingdom, showing that Expelliarmus spells don’t work with the U.K. tax authorities.

The Internal Revenue Service is unable to prevent contractors with unpaid taxes from receiving payments, according to a new report, despite legislation authorizing it to do so.

Sen. Charles Schumer, D-N.Y., is urging Congress to exempt Olympic medalists from taxes on their medals and monetary bonuses.

The AICPA announced on Tuesday the winners of the Notable Contributions to Accounting Literature Award, presented at the American Accounting Association Annual Meeting in Manhattan. Top honors went to the article "Earnings Quality: Evidence from the Field," which appeared in the Journal of Accounting and Economics in 2013.

Donald Trump’s campaign is preparing to tweak one of his boldest tax proposals out of concern that it might lead some high-income earners to try “to scam the system,” one of the Republican presidential nominee’s economic advisers said.

Institute of Management Accountants president and CEO Jeff Thomson discusses in this video how the IMA reached the 50,000 mark in Certified Management Accountant credential holders.

Intuit has updated its ProConnect Tax Online tax prep solution to make data collection and entry faster.

The American Accounting Association’s Auditing Section has introduced a database summarizing research papers on auditing that were published in seven academic journals.

For several decades, estate planners have been using entities such as family limited partnerships or family limited liability companies as an estate planning tool.

A former Internal Revenue Service employee was sentenced Wednesday to nine years and two months in jail for leading a $1 million identity theft scheme that ensnared hundreds of taxpayers.