The Latest

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board are bracing for the release of the leasing standard and other standards that have been under development and generating debate for over a decade.

The IRS has not established a service-wide approach to managing effective authentication processes and procedures for individual taxpayers’ identities, according to a new report.

It’s time to revamp the Earned Income Tax Credit, tax professionals say -– though they don’t necessarily agree on how.

The Governmental Accounting Standards Board has issued three exposure drafts with reporting guidance related to fiduciary activities, certain asset retirement obligations, and pension issues.

According to new research from a Robert Half Management Resources survey, 77 percent of workers considered their work-life balance as "good" or "very good." Additionally, nearly half of the respondents (45 percent) reported they have greater balance than three years ago.

Bay Area rapper Kreayshawn tweeted out her tax troubles after discovering that the IRS had apparently cleaned out her bank reports.

By now our kids are well into the school year taking part in daily classroom activities. Whether they are learning their A-B-C’s or studying advanced calculus, as parents it is up to us to teach our kids one of life’s many great lessons: money management.

Ineffective monitoring of refunds and a computer programming error caused the Internal Revenue Service to issue more than $46 million in erroneous refunds, according to a new report.

The Financial Accounting Standards Board announced that it plans to issue a final standard on the recognition and measurement of financial instruments in the first week of 2016.

The IRS has announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2016, as in the previous quarter.