Accounting News

The Better Business Bureau is warning about a current text scam that uses a ‘$1,400 Economic Impact Payment’ as bait.

Virginia’s newly adopted CPA licensure pathway serves as a model for how practical experience can be every bit as valuable as classroom hours.

For tax professionals considering AI-powered solutions, accuracy, integration and industry specificity are critical factors to evaluate to enhance workflows.

President Donald Trump took the lectern Tuesday for his primetime address beset by warning signs about the U.S. economy.

The 25 accounting practices with the highest revenue growth in percentage terms in 2024 from Accounting Today’s Top 100 and Regional Leaders list.

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.