The Latest

Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.

Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.

Plus, Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.

The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest."

Share and share alike; fleecing the flock; United they fall; and other highlights of recent tax cases.

Optimism is building that a game-changing fund design that will help asset managers shrink clients' tax bills will soon be approved by the SEC.

New staff presentation videos aim to help firms implement the four components of QC 1000, 'A Firm's System of Quality Control.'

States including Florida, New Hampshire, Texas and South Carolina are the main ones attracting clients due to their tax-friendly policies.

A Social Security floor-offset design, utilizing a sovereign wealth fund, could help alleviate current and future funding obligations.

The average U.S. homeowner paid $4,172 in property taxes last year, according to a report by real estate data firm ATTOM.