The Latest

Newly issued Revenue Procedure 2014-49 provides temporary relief from certain requirements of Section 42 of the Tax Code in the context of a "major disaster."

The Tax Court sided with the plaintiff in a recent case involving the rules surrounding the home office deduction.

CPA firms need to treat succession planning like Sylvester Stallone’s character, Barney, does in the movie "The Expendables 3."

Grant Thornton has expanded its international footprint throughout Canada, Taiwan, Vietnam and Switzerland.The firm has completed 22 mergers and acquisitions over the course of 10 months.

The Financial Accounting Standards Board announced that registration is open for its upcoming webcast covering the 2015 GAAP Taxonomy.

The First Circuit has held that in determining the tax treatment of an FCA civil settlement, a court may consider factors beyond the mere presence or absence of a tax characterization agreement.

For the 10th consecutive year, the IRS has chosen Wolters Kluwer, CCH, to deliver sales tax rate and taxability tables to help millions across the country prepare their tax returns.

Paychex identified five issues it deemed of greatest importance to the country’s small business owners this election year.

The Financial Accounting Standards Board issued a proposed Accounting Standards Update Wednesday intended to simplify the accounting for a customer’s fees paid in a cloud computing arrangement.

Hertz Global Holdings said full-year results will miss the low end of its forecast because of challenges including industrywide vehicle recalls which prevented it from meeting demand and costs related to an accounting review.