The Latest

Tax season is supposed to be over on April 15. But among certain groups—especially the wealthy—filing for an extension until Oct. 15 is now routine.

Senator Ted Cruz threw his hat into the ring to launch his candidacy for the Republican nomination this week, promising among other things to get rid of the Internal Revenue Service.

The 99-year-old U.S. estate tax would disappear under a bill approved Wednesday by the House Ways and Means Committee.

Finding and retaining top talent is challenging for employers across every industry, including the accounting profession.

Small and midsize accounting practices are generally optimistic about growth this year, particularly in the area of advisory and tax services, according to a new global survey.

In a tax season plagued with identify theft and tax fraud, a new method of online criminal activity has been identified.

Fifty-six percent of Maryland CFOs, controllers and management accountants said they spend less than 50 percent of their time on traditional accounting and financial reporting functions, according to a recent poll by the Maryland Association of CPAs.

The Career Opportunities in the Accounting Profession (COAP) program, designed to teach students more about college life and a career in accounting, announced that their application deadlines are approaching quickly. High school students interested in accounting careers are highly encouraged to apply.

The Sustainability Accounting Standards Board has released a set of provisional sustainability accounting standards for “resource transformation” industries such as aerospace and chemicals.

Highlights of some of our favorite tax-related blogs from the past week.