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The Internal Revenue Service won't meet its goal of catching up on its backlog of millions of unprocessed tax returns by the end of this year.

As 2023 comes into view, the specter of 87,000 new IRS employees has gotten the attention of accountants and bookkeepers — as well as small and midsized business owners.

The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.

The crypto exchange exec landed in the U.S. to face a range of criminal charges just as two of his long-time associates said they were cooperating with prosecutors.

Former President Donald Trump's attempt to use a Florida lawsuit to stall New York's $250 million civil fraud case against him was rejected by a federal judge who called some of his arguments "plainly frivolous."

Recognize success patterns and be accountable to yourself and your team.

The accounting sector had the highest overall growth rate for bonuses this year in the professional services space, increasing 9.4%.

A recent study has suggested that, as robots increasingly intertwine with the economy, a small tax ranging from 1-3.7% of their value may help address some of the disruptive effects.

The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.

Accounting Today seeks submissions for the best accounting products of the last year.