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The IRS is warning tax professionals to beware of evolving scams designed to steal client data.

A proposed FASB standard aims to provide more transparency about supply chain finance program arrangements on corporate balance sheets.

U.S. Treasury Secretary Janet Yellen said on Sunday, July 24, that economic growth is slowing, but a recession is not inevitable.

The traditional “affiliate” partnerships between accountants and technology providers are exponentially increasing with the rise of new and improved applications.

The IRS has released a five-year strategic plan that outlines its goals to improve taxpayer service and tax administration.

The FBI recently issued a warning to consumers about fraudulent cryptocurrency applications that have scammed hundreds of victims out of an estimated $42.7 million since October 2021.

A recent survey reveals fewer employers expect broad attraction and retention challenges next year as they continue to focus on salary and employee experience.

FASB has proposed an ASU that would amend transition guidance for long-term insurance contracts derecognized because of a sale or disposal of an individual or a group of contracts or legal entities before the effective date.

A new report from the GAO recommends that the IRS test the feasibility of holding videoconference visits with “high risk” tax preparers to replace in-person visits.

The IRS and the Federal Trade Commission will sponsor a webinar on July 20 to help taxpayers and tax professionals recognize and combat tax scams and tax-related identity theft.