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With an increasing number of cyberattacks since the start of the pandemic, companies should budget for an effective cybersecurity strategy, a new report advises.

CPAs can reassure their nervous clients as tax season approaches by reminding them of several facts about how the IRS operates.

The IRS will soon launch an improved identity verification and sign-in process that helps more people securely access and use the services' online tools and features.

The SBA recently shared updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need.

A FASB standard will require businesses to disclose information in the notes to the financial statements about certain government assistance they receive.

The AICPA and NASBA have published a revised CPA Evolution model curriculum in response to feedback they received about previous licensure model proposals.

The IRS issued new guidance to clarify how the temporary 100% business deduction for food or beverages from restaurants applies to taxpayers applying the rules for using per diem rates.

Under a provision in the American Rescue Plan Act, third-party payment providers like Venmo and PayPal must report transactions totaling $600 or more to the IRS starting Jan. 1, 2022.

The IRS projects losing 52,000 employees in the next six years and is seeking new personnel, the commissioner stressed this week at a tax conference in Washington, D.C.

The IRS recently updated its FAQs on 2020 unemployment compensation exclusion.