Featured News

Treasury moved to preserve and expand the supply of affordable housing by finalizing a new tax credit income rule that may qualify more housing projects.

FASB has proposed an Accounting Standards Update (ASU) that intends to improve segment reporting.

The number of online scams reported to the Better Business Bureau (BBB) rose 87% since 2015, the organization revealed in a new data report.

The IRS has issued six notices asking tax professionals for comments on different aspects of extensions and enhancements of energy tax benefits in the Inflation Reduction Act.

The IRS recently awarded $41 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations for free federal tax preparation.

The AICPA and its Private Companies Practice Section (PCPS) have released their annual survey results addressing the top concerns for CPA firms.

The IRS extended for another year, until Jan. 10, 2024, the transition period during which it will allow taxpayers 45 days to perfect an R&D credit claim.

The IRS is warning taxpayers of a recent increase in IRS-themed texting scams aimed at stealing personal and financial information.

A new FASB Accounting Standards Update (ASU) enhances the transparency required from buyer companies.

CPAs can protect sensitive client data by taking extra steps to keep it out of the hands of criminals.