The Latest

The Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.

Preparer reactions to filing season this year are … complicated.

Tax pros weigh the pros and cons of different levels of filing this year.

Tax reform and other issues have created a flood of unwelcome prospects.

The rate at which women are rising to leadership at accounting firms is too slow.

The Financial Accounting Standards Board and the Governmental Accounting Standards Board are both on the lookout for new chairmen, with the end of the term approaching next year for leaders of both FASB and GASB.

The firm is building its presence in the biotech space by buying a consultancy that services life sciences companies.

The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.

The new credential, available for CPAs and finance professionals, will bring "consistency and transparency" to the global derivatives market.

Both public and private companies are struggling with implementing the new lease accounting standard, according to a new survey by Deloitte.