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The Financial Accounting Standards Board’s guidance on the definition of a business could be of special benefit to the real estate, pharmaceutical, biotech and financial services industries, but doesn’t go as far as some had hoped.

Previously servicing just three nations, the company now supports more than 3,200 international taxation rules.

The update was based on customer feedback and includes cross-browser support.

Automated invoicing and paperless document collection are among the items that can improve a practice's organization and productivity.

The hour-long presentations, open to CPAs and the general public, will begin on Feb. 16.

The House Ways and Means Committee chairman rejected a call by some Democrats to use his authority to view the president’s tax returns.

GOP lawmakers are hearing arguments from retailers and other companies that the import changes would hurt consumers. But a new report suggests solid information may be hard to come by.

The IRS web page where taxpayers and tax professionals can check on the status of refunds will be updated on Saturday, February 18 for most early filers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit.

A municipal bond investor doesn’t think the president and the Republican-led Congress will do away with the incentive given to buyers of state and local government debt.

At least one of the Financial Accounting Standards Board’s new moves is so well liked, some companies want to adopt it as of yesterday.