Frank Gargano

The much-debated tax and spending legislation could be finalized next month, giving answers to debates on the state and local tax deduction, Medicaid and more.

Billy Long's confirmation process to take the helm of the Internal Revenue Service is well underway, running alongside mass layoffs and other regulatory moves.

State CPA societies are pushing for alternatives to the 150-hour rule as a major step towards addressing the major talent crisis.

The Public Company Accounting Oversight Board was active with enforcements in 2024, but President Trump's deregulatory attitude stands to change what's next.

This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for foreign income exclusion.

Tax pros' worries about the impact of Elon Musk's Department of Government Efficiency on the Internal Revenue Service include increased fraud and filing delays.

Time will tell how a federal hiring freeze, Elon Musk's push for efficiency and new tax-focused legislation will shape the path of the Internal Revenue Service.

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions for regulations are less rosy.

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for outdated provisions and more.

The worsening talent shortage and new policies from the Internal Revenue Service top the list of the stories our readers flocked to.

Final regulations on clean energy partnership credits, raised 401(k) limits and more from the Internal Revenue Service in November.

Accounting firms see private-equity funding as a welcome resource for further expansion, but many professionals wonder what the true cost of the money is.

With Republican control of Congress, Donald Trump will have a greater chance of success in renewing parts of his 2017 Tax Cuts and Jobs Act.

Donald Trump's re-election brings uncertainty to the tax landscape, including proposals for both numerous tax breaks and funding cuts to the IRS.

Stagnating wages and gaps in career path awareness have pushed young professionals away from accounting, leading to a dearth of candidates and leaving firms scrambling to find a solution.

As the pool of eligible talent in the profession continues to shrink, and rougher markets force waves of layoffs, experts weigh in on what changes could turn the tide.

Proposals on the Corporate Alternative Minimum Tax and Alternative Fuel Vehicle Refueling Property Credit lead the wave of legislative and procedure changes out of the Internal Revenue Service last month.

Amid widespread adoption of traditional and generative forms of artificial intelligence, the looming question on the minds of many accountants is what diving deeper could mean.

Find out more about the latest guidance and procedure changes out of the IRS and what they mean for the industry at large.