The Latest

As state and local tax forecasts continue to paint a very ugly budget picture, there is little reason to doubt that officials are casting about in search of new sources of revenue.

With the incremental complexities and associated risks this year, companies and auditors cannot afford to fall behind.

Money managers and pension funds want companies to publish their 2020 annual reports in line with guidance from the International Accounting Standards Board.

Difficult and complex; $4,000 tax on $2 million; little horse sense; and other highlights of recent tax cases.

The tax hike will fund rebates for about 800,000 middle-class households.

A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters.

The changes would enhance the transparency of how nonprofits report contributed nonfinancial assets.

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.

The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty.

The state society will have the Canadian company educate its members on AI and data analytics, as well as MindBridge’s software solutions.