The IRS said President Donald Trump’s executive order calling for a hiring freeze caused it to rescind all jobs offered with a start date after Feb. 8.

In another case in Texas, a judge issued a nationwide order prohibiting enforcement of beneficial ownership information reporting requirements, meaning BOI reports are still on hold.

The "targeted improvements" to the FASB Accounting Standards Codification are a part of an evergreen project focused on making incremental changes to GAAP. Public comments on the ASU, published ...

The AICPA’s vice president–Tax Policy & Advocacy said President Donald Trump’s executive order to freeze hiring at the IRS should not affect seasonal employees, who likely are already hired and ...

The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago.

New pilot programs will test changes to existing alternative dispute resolution (ADR) programs, including fast-track settlements (FTS), the IRS said Wednesday in Announcement 2025-6.

GASB issued an exposure draft aimed at improving the consistency of reporting related to subsequent events and an exposure draft of proposed changes to its implementation guide. GASB has observed a ...

The IRS said it used feedback from tax advisers to write the proposed regulations, which include new multiyear tax reporting requirements.

The regulations provide guidance on determining who is one of the “five highest compensated employees” under Sec. 162(m)(3)(C).

The SEC’s Office of the Chief Accountant is accepting applications for Professional Accounting Fellow positions that will begin in the summer of 2025.

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.