The Latest

Here are the latest developments, updated throughout the day.

The major firms are leveraging the latest tools to make the auditing process more efficient.

The Securities and Exchange Commission is taking a close look at the trend toward blockchain technology, including the burgeoning investments in bitcoin and initial coin offerings.

Making the change would produce an estimated $338 billion in savings over 10 years that would help legislators meet fiscal targets.

20 young CPAs received the annual award for contributing to accounting specialty areas and their local communities.

House Speaker Paul Ryan said temporary provisions in the GOP tax bill won’t really go away in a few years—he predicted that future Congresses will preserve them, and he didn’t mention the impact that would have on the federal deficit.

The two tax plans right now; bad bets; the future of audit; and other highlights from our favorite tax bloggers.

With the latest tax deadline behind them and the individual tax season ahead, accountants this time of year often realize that they are on a treadmill of never-ending deadlines with only brief periods of relief.

Key stumbling blocks remain for tax reform, including a ticking clock, differences in key provisions, and the cost.

U.S. companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 percent tax rate on those earnings under the Senate tax plan.