The Latest

Dysfunctional and manual financial reporting processes are expected to cost U.S. businesses $7.8 billion this year, according to a new report.

John Wiley & Sons has updated its annual J.K. Lasser series of tax guides with information for preparing tax returns this year.

Bloomberg Tax has added new features to the Tax Provision product it acquired last year from Tax Prodigy.

National Taxpayer Advocate Erin Collins expressed deep concerns Wednesday about the upcoming tax filing season in her annual report to Congress on the 2021 filing season.

Submissions for the annual list of the best new tools for accountants can now be made through Tuesday, Jan. 18.

Progressive Democrats are increasingly resigned to a far narrower version of the economic, tax and social spending agenda they had hoped to pass.

The service has updated the information on its FAQ page for the CTC and advance CTC payments.

A senior Democrat is expanding his inquiry into whether some college football coaches' compensation packages run afoul of laws for tax-exempt organizations.

As companies rush to set climate goals, some aren’t even getting the basics quite right when it comes to accounting for greenhouse-gas emissions.

The Center for Audit Quality began a new initiative to bring more young people into the accounting profession, particularly from Black and Latino backgrounds.