The Latest

Tax season ends today and some of you can rest well tomorrow after concluding a successful tax season. However, some of you won’t be resting easy because you had a lousy tax season.

Audits of high-net-worth filers require more time and expertise, and the agency’s underfunding has led to a significant loss of personnel capable of performing those.

The 2022 tax season, predicted by some to be a perfect storm, is coming to a close with barely a stiff wind.

The First Couple reported $610,702 in income in 2021 and paid $183,925 in federal and state income taxes, according to their annual tax return released Friday by the White House.

Client accounting and advisory services are the clear pathway to exponential growth for today’s firms.

Illinois CPA Society announces CPA Endowment Fund of Illinois board of directors; MaloneBailey relocates in Houston; and more CPA news.

The Magic is gone; rent to scam; imprecision; and other highlights of recent tax cases.

Richard Jones has been poring over the feedback the board received from a recent consultation on its future standard-setting agenda to decide on new projects to take on.

The board released its 2021 annual report on Thursday, highlighting its main accomplishments as it transitioned to a mostly new board.

Actively looking to leverage lessons learned from public company implementations, private companies are now leading the charge in developing lease accounting efficiencies.