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The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.

Anti-fraud professionals are anticipating a rise in fraud this year after seeing it go up since the beginning of the COVID-19 pandemic last year.

Staff should have well-rounded experience for their first three or four years and then should look for an area to specialize in.

Clients could end up having to pay back the money next filing season.

Millennials and members of Generation Z view world issues such as climate change and wealth inequality to be top concerns — even during a worldwide pandemic — according to the 2021 Deloitte Millennial Survey.

The president’s plan for trillions in proposed spending and tax increases is likely to take at least until September to clear.

The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements.

The White House reiterated its opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan.

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board.