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Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.

The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.

Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.

The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the country.

A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.

The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

James Moloney, a partner at the law firm Gibson, Dunn & Crutcher, will head the SEC's division of corporation finance starting next month.

Katherine Green, a dominatrix who creates online adult videos, wasn't expecting a windfall from President Donald Trump's signature push to make tips tax-free.

Accounting firms are reporting strong growth in revenue, and continuing increases in staff comp, according to a new survey from the American Institute of CPAs.

A significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more.