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The International Ethics Standards Board for Accountants approved an exposure draft on ethics and independence standards for sustainability reporting and assurance and a final ethics standard for tax planning and related services.

The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address the capitalization and amortization of specified research and experimental expenditures.

The Internal Revenue Service is not expected to meet the Treasury Department's goal of scanning millions of returns by the end of the year.

Technology helps financial advisors unlock much more value by being able to switch up clients' buckets of investments at any time throughout the year.

ART programs provide a number of benefits, including more control over premiums and a more stable renewal process. However, the tax consequences require a thorough vetting.

When companies can accurately portray their financial health, it becomes easier for them to establish credibility, build relationships with stakeholders and access capital.

You may have been up to date yesterday, but there's probably an advance in current technology, or an entirely new technology, that can help you or your clients be more accurate, and more productive.

In a recent case, the Tax Court addressed the issue of when limited partners may be subject to self-employment tax.

More and more fraudsters are impersonating the IRS, so taxpayers need to know how to tell the difference, and what to do if someone tries to scam them.

What does the future hold for AI and accounting? While predictions over the long term are dicey, Accounting Today asked AI experts what people may see in the short term.