The proposed regulations were withdrawn in response to comments that criticized the proposed guidance, according to the IRS.

In response to “the broad and evolving application of the definition of a derivative,” FASB issued an Accounting Standards Update that aims to address stakeholder concerns about the application of ...

The IRS would use money from the Inflation Reduction Act to keep the agency’s over 74,000 employees working for the first five days of a potential government shutdown.

PTIN renewals begin mid-October each year for the following year. PTINs expire on Dec. 31 of the calendar year for which they are issued.

The IRS will phase out the use of paper checks for refunds beginning Sept. 30 and will publish detailed guidance later.

The online resource features searchable state-by-state summaries to assist CPAs looking to practice across state lines with one license.

The National Association of State Boards of Accountancy (NASBA) and the AICPA on Wednesday issued an exposure draft of proposed changes to the Statements on Standards for Continuing Professional ...

Leaders explain how making sure new employees understand what to expect in terms of work schedule is a crucial step for building successful teams with staying power.

This report provides in-depth analysis and guidance on H.R. 1.

“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” FASB Chair Richard Jones said. “The new ASU addresses changes in software ...

In a letter to the IRS, the AICPA said the changes align with an executive order mandating that all federal tax payments and ...

In its list of high-cost and low-cost localities, the IRS kept per diem rates for travel, meals, and incidental expenses unchanged for the new annual period starting Oct. 1.