Accounting News

The newest edition of the Internal Revenue Service’s Dirty Dozen tax scams shows that fraudsters going at it as strong as ever.

The Institute is urging the Treasury to suspend and remove final regulations labeling some partnership related-party transactions as “transactions of interest.”

For wealthy and ultrahigh net worth clients, the advantages often prove very attractive. But the policies carry some sophisticated planning challenges and a high cost.

At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.

Big Four firm KPMG elected Tim Walsh as its next U.S. chair and CEO, and Atif Zaim as its next U.S. deputy chair, effective July

The Treasury announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting.

What happens when a client has a misconception about the value of their business and hopes to sell it?

Wolters Kluwer announced new capacities for populating and filing IRS Form 5330, which excise taxes related to employee benefits plans, in its ftwilliams.com product.

Among 18F’s many projects over the years was IRS Direct File, a free service that helps some taxpayers file tax returns online.

Trump’s proposals to expand breaks to end taxes on tips, overtime and Social Security, once considered wishful thinking, are gaining momentum despite the costs.

Neil Fishman of the National Conference of CPA Practitioners dives into how developments in Washington will impact tax season.

During its Intapp Amplify event, Intapp announced new artificial intelligence-driven improvements to Intapp’s Time, Walls and Assist products.

A small Pennsylvania auditor picked up a big tranche of engagements from another auditor that exited the field.