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The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.

The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.

Public accounting is a vibrant and strong profession and also a business, as shown in data from the latest rankings on firm revenues, partners and staff size.

Approximately three-quarters of large global companies are receiving assurance services on their sustainability reporting, according to a new report.

The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.

House Republicans are struggling to resolve issues with President Trump's multitrillion-dollar tax package, including the SALT deduction.

The committee also proposes limiting states' ability to pay their share of Medicaid by placing a moratorium on new or increased taxes on medical providers.

Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.