The Latest

Even though the Internal Revenue Service approves 94 percent of the 501(c)(3) applications it receives through the simplified Form 1023-EZ, approximately a quarter of them do not pass the test.

Three members of the tax-writing House Ways and Means Committee have introduced bills to enhance the Earned Income Tax Credit, the American Opportunity Tax Credit and the Child Tax Credit.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to issue regulations on the expansion of the R&D credit for startups.

Chris Henkel of Moody's Analytics discusses some of the major features of FASB's new financial instruments standard on accounting for loans.

Tax season is a busy time and there is a temptation to take a shortcut on procedures, skip some extra training or sidestep an extra effort to be in touch with a client. Succumbing to these and other temptations is a shortsighted mistake that should be avoided.

In the current technology age, how is it possible that AP is still experiencing such poor results?

GSCPA brought over 100 of its members to meet with lawmakers.

Spoiler warning: Ted thinks they may not.

Chris Geier, the newly installed CEO of the Top 100 Firm, shares the details of its leadership planning process, as well as its roadmap to future growth.

Increasing levels of passive investment in companies could be encouraging them to pursue tax shelters.