The national taxpayer advocate’s first report to the new Congress highlighted the need for money devoted to taxpayer services and technology.

Blackstone acquires a majority investment made less than three years ago by a fellow private-equity company, the latest in a long line of recent deals involving large accounting firms.

FASB on Monday published an Accounting Standards Update (ASU) that clarifies for non-calendar-year-end entities the interim effective date of ASU No. 2024-03, Income Statement — Reporting ...

In the emergency application filed Tuesday, the Justice Department said beneficial ownership reporting is important in the government’s fight against crimes such as the financing of terrorism.

The IRS provided temporary relief that permits eligible taxpayers to use alternative methods to make adequate identification of digital asset units sold, disposed of, or transferred in 2025.

Two Boise State University accounting professors created a podcast series to attract new talent by taking students on professional journeys. Contrary to persistent stereotypes, the accounting ...

Q Do companies sometimes find “unexpected” derivative instruments? A Yes! When companies want to borrow money at a fixed rate of interest, it is not uncommon to find that borrowing on a variable rate ...

The Tax Court held that the surviving shareholder of an S corporation was still a shareholder at the time of the S corporation’s bankruptcy and liable for her share of a distribution and additions to ...

The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2025. The cost-of-living adjustment (COLA) for Social Security benefits for 2024 is ...

As CPA tax professionals get ready for another tax return season, they can take stock of recent tax law changes affecting 2024 returns and their firms’ processes and procedures for completing those ...

Q. When I am in video meetings with clients, I take notes, but I am splitting my attention between the call and writing. I feel like I might be missing something important or giving the impression ...

Do you ever feel like work is taking over your life? You’re not alone. For many years, work dominated my life, too. Then on March 28, 2015, a phone call changed everything. The person on the other end ...