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President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.

President Trump's 'big beautiful bill' continues to move through the House and Senate.

The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.

Tech-forward CPA firms reported a variety of areas in need of a tech upgrade, especially practice management systems and tech infrastructure.

An unclean sweep; quite an education; Ferrari fever; and other highlights of recent tax cases.

Democratic Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction for the smallest businesses.

The state and local tax issue has been one of the most contentious for the House GOP to resolve.

Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.

The taboo around discussing and comparing accounting salaries is slowly fading.

Among companies that have disclosed financial projections, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs this quarter.