The Latest

The committee approved the nomination of Daniel Werfel as the next head of the service by a 17-9 vote.

Lawmakers introduced two pieces of legislation to require public companies to disclose their financial reporting on a country-by-country basis and strengthen the IRS's whistleblower program.

The Internal Revenue Service plans to host a series of five nationwide tax forums this summer in a return to the in-person format it used to favor prior to the COVID-19 pandemic.

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.

Accounting firms in Virginia have been upping their entry-level salaries and benefits to attract staff as the nationwide hiring shortage continues.

The vote was 50-46 to end a rule that allows retirement plans to weigh climate change and other environmental, social and governance issues in their investment decisions.

While it might sound too good to be true, there are more ways than ever to engage in entrepreneurship on your own terms.

Silvergate's auditor, Crowe, has received multiple letters from short sellers making allegations about Silvergate's handling of customer funds.

Public interest petitions had sought the court's intervention after reports alleged accounting fraud and stock manipulation by the conglomerate.

The accounting profession should weigh the costs and benefits of the additional credit hours, according to Blake Oliver.