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The IRS has issued final rules on the $1 million executive-compensation limit enacted by the 2017 Tax Cuts and Jobs Act.

The $900 billion coronavirus relief package passed by Congress provides $284 billion for a revised Paycheck Protection Program.

Businesses and consumers alike are finding ways to adapt and stay resilient during the COVID-19 pandemic, a new study finds.

The IRS is extending the period in which it will accept digitally signed and emailed documents due to the COVID-19 pandemic.

FASB has proposed a new accounting standard designed to increase consistency in the accounting for revenue contracts with customers acquired in a business combination.

The IRS has started sending letters to taxpayers who may need to take additional actions related to qualified opportunity funds.

The results of a new survey indicate CPAs may find themselves spending a lot of time educating clients about the state tax implications of working remotely during the pandemic.

The IRS is seeking volunteers to provide free tax return preparation through its Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs.

Firms are continually developing ways to improve audit quality in a changing environment as a result of the COVID-19 pandemic.

The AICPA has published new nonauthoritative guidance that addresses issues related to SOC 2 and SOC 3 engagements.