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The move comes as firms try to widen the pipeline of young people entering the accounting profession, especially from diverse backgrounds.

The TE/GE Division didn't provide satisfactory answers to many of the questions it received from taxpayers, according to a new report.

The service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.

Learning to use the Federal Reserve's new payment system can be a competitive advantage for firms.

Trump spoke out in apparent irritation after his lawyer complained he couldn't hear the testimony of the state's first witness, former Mazars USA LLP accountant Donald Bender, who often lowered his voice and mumbled answers.

The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.

The 2022 law created two new credit delivery mechanisms, allowing governments, nonprofits and other entities to take advantage of the credits.

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

The worst five states for tax preparer scams averaged more than 32 million reported scams in 2023.

Donald Bender said that key information about asset valuations was missing from Trump Organization financials, and that he wouldn't have signed off on them had he known.