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A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

The gap between taxes owed and paid increased to $696 billion in tax year 2022.

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.

While the potential rewards are attractive, for many of the small to midsized players, there are a host of operational and tax-related implications that need to be addressed.

His pledge could simplify the tax obligations for U.S. citizens who live overseas.

If the Massachusetts legislature fails to sign off on a proposal to temporarily raise commercial rates before the end of next month, Mayor Michelle Wu said the city would need a tax increase.

Disagreements with the IRS, while business as usual for CPAs, can be terrifying to the taxpayer.

To help build the accounting pipeline, the Big Four firm is publicly supporting other ways to earn a license.

A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.