The Latest

KPMG announced a new initiative to deploy a series of generative AI partnerships and investments to reinvent how the firm operates.

Republicans rejected a Democratic proposal that would seek to raise revenue by altering a dozen tax provisions.

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

The service is reportedly planning to try out its own direct-file tax software with a limited group of taxpayers by next tax season.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

The Internal Revenue Service has caught up on much of the pile of unprocessed tax returns, but it's still not back to normal.

The New Jersey Society of CPAs awarded $221,500 in scholarships to 53 local high school and college students. 

Both audits and independent boards are basic standards that any investor would expect a company to have in place, particularly if that firm is of a certain size and working in a financial sector.

Danielle Pollock became one of the seven students to be selected for the board's Postgraduate Technical Assistant program.

Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.