The Latest

The new figure for the tax gap is multiples higher than previous estimates from the federal government.

Cash for enforcement; lessons in fraud; when a deduction isn’t a subsidy; and other highlights from our favorite tax bloggers.

A new initiative called Operation Hidden Treasure is only the latest in the service’s approach.

The memorandum of understanding with the Vietnam Ministry of Finance aims to advance the internal audit profession in Vietnam.

The American Institute of CPAs recognized four current professionals interested in becoming accounting professors by providing $20K stipends to support their Ph.D educations.

Even though IRS employees making compliance determinations are bound to apply the tax law fairly to all taxpayers, it’s not unusual for a taxpayer and the IRS to disagree about the proper application of the law.

U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies.

Trump had also sued the state attorney general’s office and tax department to block them from handing over the information to Congress.

The group’s advertisements will contend that the Biden administration shouldn’t attempt to raise corporate tax rates during a downturn.

Accountants expressed much higher confidence in the economy during the first quarter of this year compared to last year, especially in North America, according to a new survey.