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The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.

There were signs of improvement in terms of audit engagements and quality control systems.

EisnerAmper adds outsourced IT services; Hood & Strong promotes six; and more CPA news.

At this rate, 2022 penalties will eclipse annual penalties levied in 2019, 2020 and 2021.

To expand the affordability of energy-efficient vehicles for U.S. consumers, the law made changes to the tax credit for all-electric cars and hybrid plug-ins.

Michael Cohen, who was sentenced to three years in prison for violating campaign-finance laws for the former president, criticized New York prosecutors for their leniency with a former colleague.

The service's Appeals office is asking taxpayers and tax pros to weigh in on its final guidelines for use of its video meeting option.

Also FinancialForce's Summer 2022 release introduces "services-as-a-business" approach; and other news from the accounting technology world.

The chair of the Ways & Means Oversight subcommittee sent a letter asking for details from the IRS on how it will enforce tax law with new funding.

The research and development tax credit for startup businesses is going from $250,000 to $500,000 per year.