The Latest

Mysterious ways; penalty kick; please, Mr. Postman; and other highlights of recent tax cases.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

U.S. public companies lost an average of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report.

As the nature and frequency of tax reporting changes, organizations are being promised long-term simplification, but are facing an immediate spike in complexity.

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ethical and independence concerns.

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their taxes as if they weren't married.

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs Act.

Finance teams shouldn't have to play expense police. The solution isn't more manual review — it's smarter integration and stronger ownership.

The Tennessee-based firm introduced an advisory service to help its clients — and other firms' clients — who are looking to make a transaction.

The IRS's Notice 2025-28 will affect applicable corporations with financial statement income attributable to investments in partnerships.