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The IRS audited fewer taxpayers in fiscal 2022, according to a new report from Syracuse University's Transactional Records Access Clearinghouse.

The updated 2024 CPA Exam Blueprints introduce a different format that will create flexibility and enable rising accountants to demonstrate their strengths and interests.

Despite the impacts of inflation and ongoing staffing struggles, small and mid-market business owners remain optimistic for a successful 2023, a new survey finds.

The IRS and Treasury have released updated guidance on accounting method changes for research and development (R&D) expenditures.

The IRS recently increased the 2023 optional standard mileage rate used to calculate tax deductions by 3 cents for business purposes.

The IRS updated its FAQ webpage addressing Form 1099-K, Payment Card and Third-Party Network Transactions, in Fact Sheet FS-2022-41.

While stress is difficult to avoid during the busy season, leaders can mitigate the impact of stress by rewarding employees who go above and beyond to foster a positive work environment.

The IRS recently announced a delay in reporting thresholds for third-party settlement organizations set to take effect for the upcoming tax filing season.

Brokers are not required to report additional information regarding dispositions of digital assets until the issuance of final regulations, the IRS and Treasury recently announced.

The IRS released a new FAQ webpage about recent changes to tax incentives for energy-efficient home improvements and residential clean energy property.