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The payments are being processed through a new online government portal and will include interest on duties paid across more than 8 million import entries.

New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers' property taxes, an unpopular measure he threatened to use to help close a deficit.

Individual and corporate tax receipts dropped in the wake of President Donald Trump's signature tax cut legislation.

Speaker Mike Johnson called suspending the federal gas tax "an intriguing idea" but didn't commit to a timeline as momentum builds in both chambers to take action.

The median fraud loss per case in the ACFE study was $104,000, but the average loss per case was $1,457,000, while 20% had losses of more than $1 million.

The Top 50 Firm acquired Owings Mills, Maryland-based Gorfine, Schiller & Gardyn, expanding the firm's Mid-Atlantic presence.

The Top 100 Firm acquired a Miami-based firm that specializes in international tax consulting, estate and trust matters, and tax planning.

The Top 25 Firm acquired Sharff, Wittmer, Kurtz, Jackson & Diaz, expanding its presence in Florida.

Instead of worrying about future hiring needs, it's time for firm leaders to fully understand the major drivers smoothing out the talent crunch.

Big Four firm KPMG signed 17 new SEC audit engagements, followed closely by Deloitte, CBIZ and Carr Riggs & Ingram.

A federal gasoline tax holiday as proposed by President Trump would result in billions of dollars in lost tax revenue each month, budget analysts say.

The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.

President Donald Trump voiced support for a gasoline tax holiday to counter rising prices at the pump, as the cost of oil soars while the war with Iran drags on.

Whitman Advisory, Maxwell Leadership and Lions Pride Leadership partnered to launch a leadership development and coaching company.

Tax delinquency is increasing among federal government employees as well as retirees, according to a new report.

The Top 50 Firm acquired Miami-based Parlade Schaefer Schortz, expanding its presence in the South Florida market and healthcare sector.

Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over time, according to a new report.

The American Institute of CPAs wants more information on a provision of the One Big Beautiful Bill Act imposing an excise tax on tax-exempt organizations.

The idea of semi-annual reporting is a guaranteed self-inflicted disaster, like using a knife while gripping the blade instead of the handle, writes Paul Miller.

Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.

New York Governor Kathy Hochul is planning to participate in President Donald Trump's controversial federal school choice program.

New York officials are trying to give shape to the pied-à-terre tax proposed by Governor Kathy Hochul, with significant questions still unresolved.

When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.

The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project on cybersecurity disclosures.

The majority of employees don't use all the paid time off available to them, so many companies are steadily accumulating a huge line item on their balance sheets.