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A Senate plan to expand taxes on some businesses to bolster Medicare raised alarms about inflation, potentially complicating Democrats’ attempt to pass a broad economic package.

The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.

U.S. and Chinese officials have been negotiating for more than two years to ensure staff from the PCAOB can access the audit papers of Chinese companies traded in the U.S. 

RubinBrown merged in Himes Consulting Group; WA Asset Management acquired BT Wealth Management; and BigTime Software acquired Projector PSA.

The modern tax department is increasingly technology-centered as compliance work is increasingly shifted outside, requiring new skills and competencies of their professionals.

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

An overwhelming majority of CFOs see promise in artificial intelligence, and many are taking active measures to implement it at their companies.

Launching a peer-to-peer mentoring group can be incredibly valuable for CPAs.

Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.