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The controls over the pseudonym program used by Internal Revenue Service employees to protect their identities could be improved, according to a recent report.

The American Institute of CPAs’ Auditing Standards Board released an updated standard for auditing accounting estimates and disclosures to deal with the increased volatility of the economy this year in the midst of the novel coronavirus pandemic.

The Top 20 Firm is inviting clients and the local community to a July 14 webinar centered on "addressing positive change and equality for all people."

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

IRS criminal investigation chief announces retirement; Connecticut Society of CPAs and FEI install new boards of directors; and more CPA news.

As an accounting professional, these are tough days. But that doesn’t mean your practice can’t grow during this season.

Sentence stayed; stealing on multiple levels; the loot you took; and other highlights of recent tax cases.

The Internal Revenue Service has released final regulations on deductions for two of the international tax regimes introduced under the Tax Cuts and Jobs Act of 2017: foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI) for U.S.-based multinational corporations.

The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role that technology plays in audit procedures.

Meanwhile, the AICPA is working to come up with a uniform approach for the applications.