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The proposed regulations define a digital asset as any digital representation of value that is recorded on a cryptographically secure distributed ledger or any similar technology.

Hermann Goering has nothing to teach us about building a culture in your practice.

A taxpayer failed in his quest to use the "reasonable cause and good faith" exception to avoid an IRS fine of hundreds of thousands of dollars.

Charity for none; Dr. Backdate; frivolous correspondence; and other highlights of recent tax cases.

The service is encouraging employers to work with qualified tax professionals rather than shady promoters.

A KPMG poll found more than half of businesses say digital transformation initiatives have exceeded expectations for ROI but this may not necessarily translate into more profits.

The accounting icon has found yet another way to give back in addition to his teaching, mentoring, writing and many other contributions to the profession.

Businesses have been dealing not only with inflation and rising interest rates, but also new requirements for family leave, minimum wage increases, and pay transparency rules.

The agency's criminal investigation arm has opened probed at least 252 claims under the pandemic-era employee retention credit amounting to $2.8 billion worth of subsidies.

The Biden administration has come under pressure to seize the funds outright, something Yellen has said would be illegal under current law.