Bloomberg News

Josh Gottheimer is looking to roughly double the cap on state and local tax deductions, in a bid to secure more savings for residents in high-tax states.

Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.

The second-home plan is expected to be part of ongoing state budget negotiations and would levy a yearly surcharge on pied-à-terres.

Americans rushing to meet the tax deadline are getting bigger refunds on average thanks to Trump's tax law, though the savings are falling short of his promises.

The war in Iran is prompting states across the country to consider temporarily cutting fuel taxes, a relief measure that could cost them millions of dollars.

The IRS declined to include accountants or tax preparers as qualified occupations, despite support in public comments.

During his previous tenure at the SEC, he chaired the financial reporting and audit task force that cracked down on accounting violations and false financial statements.

One AI startup executive calls annual recurring revenue "a fake accounting number developed by fake accounting people."

The Bitcoin accumulator adopted accounting standards last year that require changes in the fair value of its holdings to flow through earnings.

The Internal Revenue Service said that the funds should have annual fees and expenses of no more than 0.1%.

Canada's top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.

Residents of Montclair, New Jersey, voted in favor of a one-time tax increase to help their cash-strapped public school system address an $18 million deficit.

The acting head of the Securities and Exchange Commission's enforcement division said he'll focus on "quality over quantity" in bringing cases.

Americans' tax refunds are averaging about $350 higher than this time last year but so far running well below the extra $1,000 President Donald Trump promised.

The case may reveal how far auditors can be held accountable for their work on insolvent companies accused of fraudulent accounting.

It's unclear whether the commission plans to move auditor enforcement out of the PCAOB and into the SEC.

PricewaterhouseCoopers network affiliates in Mauritius, Kenya and Rwanda can't provide professional services for projects financed by the institution for 21 months.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.