Featured News

The Treasury Department and IRS recently announced that tax-exempt organizations are exempt from filing Form 4626 for the 2023 tax year.

The IRS has released its annual inflation adjustments for over 60 tax provisions for tax year 2025, impacting returns filed in 2026.

The IRS has announced that the renewal period for the 2025 preparer tax identification number (PTIN) is now open, with all current PTINs set to expire on Tuesday, Dec. 31, 2024.

GASB has issued guidance requiring the separate disclosure of certain types of capital assets in note disclosures.

The IRS is currently processing around 400,000 claims for the employee retention credit (ERC), amounting to approximately $10 billion in eligible claims.

A new global survey finds that ethical challenges in the accounting profession are growing more complex as technology accelerates global business expansion.

A new global survey finds that over two-thirds of corporate finance teams are in the exploratory stage of using artificial intelligence (AI).

The Social Security Administration (SSA) announced on Thursday, Oct. 10, that individual taxable earnings of up to $176,100 per year will be subject to Social Security tax in 2025.

Gov. Tony Evers and the Wisconsin Department of Administration recently announced the state of Wisconsin ended fiscal year 2024 with a positive balance of $4.6 billion.

The IRS issued final regulations that end Sec. 367(d) application in some cases when intangible property is repatriated to certain U.S. persons after a transfer to a foreign corporation.