The Latest

The service is coming under criticism for destroying an estimated 30 million paper-filed information returns, with one lawmaker even calling for the IRS commissioner to be replaced immediately.

The board voted to add a project to improve the accounting for and disclosure of certain digital assets, such as cryptocurrency.

Employees at accounting firms and other types of businesses are continuing to work remotely, or coming into the office less, as the COVID-19 pandemic continues with the emergence of new and more transmissible Omicron subvariants.

Assurance delivered by trusted auditors — who are independent and objective — is a cornerstone for the health of our financial and capital markets.

International tax officials have identified more than 50 leads to potential crypto tax crimes that may lead to official investigations.

KPMG and FICPA both name execs to newly created roles; Indiana CPA Society awards eight scholarships; and more CPA news.

A recent report from the Big Four firm says audit committee members can no longer afford a "set it and forget it" approach to security.

ADP releases updates to Accountant Connect; Clarius R+D releases new version of tax platform; and other news and updates from the accounting technology world.

Royal pain; cashing out; midnight at the Oasis; and other highlights of recent tax cases.

Sens. Ron Wyden and Rob Portman proposed bipartisan legislation to disallow foreign tax credits and other tax benefits for companies that pay taxes to Russia or Belarus.