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The Internal Revenue Service is giving eligible farmers and ranches four years to replace drought-stricken livestock, rather than two.

Those affected by the storm now have until Feb. 3 to file and pay their taxes.

The Securities and Exchange Commission approved a proposal that aims to improve the security of the filing system.

New entrants to the profession face more decisions more often than ever in building their accounting careers. Expert weigh in with their best career advice.

Rapper Fat Joe's 2022 lawsuit accused a former BDO employee of using his accounts and credit cards to withdraw thousands of dollars in cash.

The IRS failed to address literally tens of thousands of unresolved security vulnerabilities, according to the Treasury Inspector General for Tax Administration.

Start small, educate employees and stay informed as generative AI develops so you can position your firm for future success.

The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

In Notice 2024-72, the IRS adding to the relief granted last year.

Accounting firms could greatly benefit from adopting some of the strategies and mindsets these technology companies are using to thrive.