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Employment growth at small businesses moderated slightly in March, but wages continued to increase, according to payroll giant Paychex.

The U.S. Federal Trade Commission has filed suit accusing TurboTax of overstating just how free its free filing options are, though Intuit denies the charge and said it will fight the case.

Investors and their CPAs need to be aware of the depreciation rules that apply to the short-term rental market.

COVID and other worldwide issues led to major changes in a wide range of taxes, according to a new report.

New rules from the IRS around required minimum distributions address changes from the SECURE Act.

Tax proposals in the Biden administration’s budget include plans to raise the corporate tax rate to 28% and to tax the unrealized capital gains of “extremely wealthy” individuals.

The board issued an accounting standards update aimed at better aligning hedge accounting with an organization’s risk management strategies.

The Internal Revenue Service is suspending a number of notices it usually mails to tax-exempt organizations and governmental entities when it’s missing their tax returns, citing the pandemic and the IRS’s own backlog of unprocessed tax returns and correspondence.

Professional accountants have an important role in driving better tax education.

When preparers or younger accountants complete their assignment, but before they submit it for review, they should review it for reasonableness.