Featured News

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification.

The IRS has issued final regulations concerning taxes on gifts and bequests received from individuals who renounced their U.S. citizenship or residency.

FinCEN has announced that reporting companies covered by the Corporate Transparency Act's BOI reporting requirement do not have to file the reports while an injunction remains in place.

A nationwide federal court order barring enforcement of beneficial ownership information (BOI) reporting requirements remains in effect.

To secure an accounting firm’s future, leaders should reassess their strategic initiatives and understand how technology impacts every aspect of their operations.

The Supreme Court issued a stay of a nationwide injunction that banned enforcement of beneficial ownership information (BOI) reporting requirements.

An AICPA vice president recently explained that President Donald Trump’s executive order regarding IRS hiring should not affect the use of seasonal employees for the tax season.

The IRS recently announced that new pilot programs will test changes to existing alternative dispute resolution programs, including fast-track settlements.

Proposed regulations from the IRS provide guidance that expands the Sec. 162(m) annual deduction limitation for employees paid over $1 million to additional employees.

A recent survey finds that finance leaders at larger companies are starting the new year with renewed optimism.