“Where were the lawyers and accountants?” That was the withering assessment of one U.S. judge after years of fraud and deception went undetected during the 1980s savings

Years of former President Donald Trump’s tax returns will be released Friday by the Ways and Means Committee, according to a person familiar with the

The U.S. Supreme Court has agreed to hear Polselli v. Internal Revenue Service, which will clear up a split in circuit court decisions on who

EDITORS’ PICKComplimentary access to top ideas and insights — curated by our editors. Gift giving is prevalent at this time of year and is usually

The Internal Revenue Service and the Treasury Department are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.

The Internal Revenue Service’s Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to

As machines take on more roles in the economy that used to belong to humans, concerns about their effect on social inequality has begun to

After spiking dramatically at the start of the pandemic, the percentage of paid days worked from home appears to be stabilizing at around one-third. The

Details: WithumSmith+Brown PC, a Top 25 Firm based in Princeton, New Jersey, has expanded in Florida by merging in Martinez & Associates, a firm in

Sikich, Chicago, elected 18 new partners, effective Jan. 1, 2023, as CPAs: Nick Bava, Kim Borak, Chris Doemland, Tim Gaber, Allan Lyon, John Mazurek, Brooks

The Committee of Sponsoring Organizations of the Treadway Commission selected Lucia Wind, vice president of internal audit at the technology company Unisys, as its next

At its most recent meeting, the International Sustainability Standards Board finally settled on a definition of “sustainability” that will guide its work going forward. The

The funding provided to the Internal Revenue Service by Congress over the next 10 years will have an effect that surpasses the additional agents slated

If you are not processing automated payments for services rendered to clients, you are likely spending way too much time and aggravation by utilizing a

The heads of tax authorities in five countries, including the U.S. and the U.K., met this week to discuss their efforts to crack down on

Auditing firms have been relying increasingly on outside specialists for audit engagements since the Public Company Accounting Oversight Board unveiled a new standard governing their

The Financial Accounting Foundation Board of Trustees appointed nine new members to the Financial Accounting Standards Advisory Council: Thomas Barbieri, chief accountant, national office, PwC

The Public Company Accounting Oversight Board is finding deficiencies in about one-third of the audits it inspected in 2021, a disturbing increase from 2020 in

Accounting firms today are at an impasse. The U.S. Bureau of Labor Statistics reported almost 1.5 million jobs in the accounting and auditing sector in

Marcum LLP, a Top 20 Firm based in New York, has added E. Cohen and Co., CPAs, a Regional Leader firm in Rockville, Maryland, effective