IRS Commissioner Danny Werfel said he expects the 2025 filing season to build on the success of the two previous seasons if Congress maintains funding.

The final regulations, which the IRS issued Friday, make several changes to the proposed regulations, including a higher dollar threshold for a basis increase in transactions of interest.

Two Boise State University accounting professors created a podcast series to attract new talent by taking students on ...

The proposed regulations apply to catch-up contributions under a 401(k) or similar workplace retirement plan that generally are allowed for workers who have attained age 50.

Practitioners should address regulatory changes, focus on practice management, and help clients plan for the scheduled TCJA ...

As we look back on 2024, the AICPA Tax Division's Tax Executive Committee, along with its 14 committees and technical resource panels and various task forces, had over 30 tax advocacy successes.

In the emergency application filed Tuesday, the Justice Department said beneficial ownership reporting is important in the government’s fight against crimes such as the financing of terrorism.

January is the time for resolutions and new beginnings. A time to reflect on the past and set your intentions for the year to ...

Blackstone acquires a majority investment made less than three years ago by a fellow private-equity company, the latest in a long line of recent deals involving large accounting firms.

FASB on Monday published an Accounting Standards Update (ASU) that clarifies for non-calendar-year-end entities the interim effective date of ASU No. 2024-03, Income Statement — Reporting ...

The IRS provides an enormous return on investment for taxpayers and requires sustained funding to continue to improve, the national taxpayer advocate (NTA) said Wednesday in her annual report to ...

Q What are the best ways to avoid derivative surprises?