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The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.

The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.

The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.

A survey by the Center for Accounting Transformation found the most significant factor consistently associated with firm success is technological leadership.

Companies are desperate for ways to keep their quality of service high, even though they have smaller teams. Artificial intelligence (AI) is one possible answer.

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board's duties if the tax bill passes.

U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.