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The House passed legislation this week enabling veterans who were injured in combat to recover any income taxes improperly collected by the Department of Defense on their disability severance payments.

Ohio Supreme Court votes to uphold Ohio’s Commercial Activity Tax against a Constitutional nexus challenge.

The Securities and Exchange Commission said Thursday that its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.

The Taxpayer Advocate Service is falling behind in implementing several recommended changes in its processes, according to a new report from the Treasury Inspector General for Tax Administration.

CPAs who are also business executives at U.S. companies are expressing much stronger optimism about the U.S. economy after the election, according to a new survey by the American Institute of CPAs.

The AICPA announced on Thursday that five students have received the 2016-2017 AICPA John L. Carey Scholarship Award. The one-year scholarship, part of the AICPA’s Legacy Scholars Program, is awarded to students from liberal arts or non-traditional business backgrounds who are obtaining their graduate accounting degrees and working towards the CPA licensure.

Koch Industries Inc., the influential private firm headed by billionaire Republican supporters Charles and David Koch, slammed a key element of the House Republicans’ plan to overhaul corporate taxes, saying it would raise prices for American consumers and “could be devastating” to the economy.

The staff of Southern California firm HMWC CPAs & Business Advisors (HMWC) recently volunteered to help feed the homeless in nearby Santa Ana via the #HashtagLunchbag campaign, the firm announced this week.

McDonald’s Corp. shrugged off Brexit by announcing plans to switch its non-U.S. tax base to the U.K., ditching tiny Luxembourg where its fiscal arrangements are under attack from European Union regulators.