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The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

The Internal Revenue Service limited taxpayers’ ability to resolve their tax cases directly with the IRS’s Independent Office of Appeals in a memorandum Monday.

The pandemic amplifies cybersecurity concerns for CPAs.

Taxation and regulation are steps toward further legitimizing cryptocurrency.

I am a strong proponent of partner retreats and offsite meetings.

The profession's skillset can be applied to much more than just financial statements, according to Julie Bell Lindsay of the Center for Audit Quality.

Intapp offers total integration solution for firm tech, and Sesh Corp receives $1.6M to develop emotional intelligence reader for video.

A federal appeals court set a hearing for Sept. 1 to consider President Donald Trump’s emergency request to put on hold a judge’s ruling that cleared the way for the Manhattan District Attorney to enforce a subpoena for his tax returns and other financial records.

Credit Suisse Group AG faces a criminal probe amid suspicions it helped more than 2,600 clients to hide money in Swiss accounts, Belgian prosecutors said.

Gifting embedded loss assets can avoid a step-down in basis and preserve capital losses. Here's how to go about it, under several scenarios.