The Latest

The House Ways and Means Committee held a hearing Tuesday on tax reform and tax-favored retirement accounts as it sought to find ways to use tax policy to encourage more Americans to save for retirement.

Agents at the IRS’s Criminal Investigation division have been cracking down on tax preparer fraud in Southern California in the waning days of tax season.

The Internal Revenue Service warned on Tax Day that it can assess a penalty if taxpayers fail to file or pay taxes, or both.

K2 Enterprises has signed a deal with CPA2Biz, the technology and marketing services subsidiary of the American Institute of CPAs, to distribute on-site learning content.

A majority of companies plan to spend more time and resources on improving their compliance programs, according to a new poll by Deloitte.

Today is the official end of “busy season” for most CPA firms. Before you check out completely and go on a “mental vacation,” consider what you will do with your next six to eight weeks.

Groupon Inc, the online coupon company that floated just months ago in the strongest IPO in years, has had recurring accounting problems that critics say show a need for more financial sophistication on its board.

Mark it on your calendar: 11:23 a.m. EST, last Thursday.

Senate Republicans blocked a bill promoted by the Obama administration that would impose a minimum tax on millionaires.

With the April 17 deadline to file income tax returns now upon us, U.S. taxpayers with foreign financial assets are finding out that they need to file some extra forms this year.