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The Internal Revenue Service is now allowing tax advisors and taxpayers to fax the Form 8918, Material Advisor Disclosure Statement, as part of its response to the novel coronavirus pandemic.

The Internal Revenue Service released an early draft of the instructions with revised directions for how partnerships should report capital accounts and tax basis capital for partners on Schedule K-1.

Financial satisfaction of people in the U.S. bounced back strongly in the third quarter, reversing the lows brought on by the coronavirus.

Before the pandemic, accounting and finance professionals actively searched for better opportunities. Once the pandemic hit, employees worried about company layoffs and hesitated to seek new opportunities.

PricewaterhouseCoopers is testing out three new apps for its clients to use for tax planning; environmental, social and governance reporting; and upskilling their employees.

Bloomberg Tax & Accounting has expanded its coverage of international tax research to more than 220 countries, with analysis of corporate taxation, value-added taxes and international withholding taxes, along with the changes brought about by the COVID-19 pandemic.

Jirav makes a comprehensive financial planning and analysis solution that brings forecasting, budgeting, reporting and dashboarding together in one place.

The cloud-based product integrates with 40 accounting and ERP platforms.

Former vice president and Democratic presidential candidate Joe Biden’s tax proposal will limit direct tax increases to just 1.9 percent of taxpayers.

The Illinois CPA Society is inviting racial and ethnic minority students to apply for the ninth annual Mary T. Washington Wylie Internship Preparation Program, to be held virtually this year.