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U.S. consumer confidence rose to a five-month high in September because of falling gas prices, according to a new survey.

The special per diem rates by which taxpayers may substantiate ordinary and necessary business expenses of travel away from home will be slightly higher starting Saturday, Oct. 1.

The deadline for late-filing penalty relief for 2019 and 2020 tax returns is Sept. 30, the IRS recently confirmed.

The IRS recently issued guidance that confirms improperly forgiven Paycheck Protection Program (PPP) loans are still taxable.

Accountants may want to consider how their emails — including the closing lines — reflect on their professionalism along with the nature of their client relationships.

The FASB is seeking comments on an exposure draft technical bulletin on intragovernmental leasehold reimbursable work agreements.

Thirty percent of CFOs said they may trim their workforce through layoffs in the event of an economic downturn during the next six months, according to a new CFO survey report.

The latest economic forecast update from the Wisconsin Department of Revenue (DOR) anticipates state personal income to grow 3.2% in 2022 and 4.9% in 2023, compared to 3.2% and 5% nationwide.

To combat high inflation, the Federal Reserve raised its key interest rate by three-quarters of a point for a third straight time.

The AICPA’s Financial Reporting Executive Committee issued a working draft of the AICPA Accounting and Valuation Guide for business combination transactions.