The Latest

UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.

The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.

The Internal Revenue Service issued a notice with initial guidance on claiming a tax credit involving carbon sequestration.

Corporate performance management solutions provider OneStream debuted today on the Nasdaq with a roughly $490 million IPO

The Garden State will be the next to join the program next filing season.

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

The CPA industry is undergoing profound change, reshaping the landscape of professional services.

The shock replacement of the Democratic presidential candidate less than four months before the election has introduced a new element of uncertainty about the outlook for economic policy in 2025 and beyond.

Preliminary results of a recent survey suggest that the location — and sources — of dissatisfaction in accounting firms may be surprising.

AitM; IRS strategies after Chevron; the taxman's jackpot; and other highlights from our favorite tax bloggers.