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A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of taxpayer data with Immigration and Customs Enforcement.

The Public Company Accounting Oversight Board voted to adopt amendments that ease the requirements of its QC 1000 quality control standard for auditing firms.

The Institute of Internal Auditors wants the SEC to reject a proposal to give newly listed companies up to five years to establish an internal audit function.

The Governmental Accounting Standards Board released a discussion memorandum on the design of the GASB-GAAP Taxonomy and digitization of government financial statements.

The update changes how investment companies such as mutual funds can measure the fair value of an equity security subject to a contractual sale restriction.

Caseware announced upgrades that allow users to bring its AI agents into Microsoft Excel, along with an AI-first evolution of its Client Requests feature.

Tax audits by the Internal Revenue Service focus overwhelmingly on the richest taxpayers — and on the poorest, leaving middle-income earners the least likely to be audited.

Appeals versus the Tax Court; fourth quarter tax projections; state budget planning; and other highlights from our favorite tax bloggers.

Most Internal Revenue Service employees avoided directly contacting taxpayers who were represented by tax professionals, but there were some misunderstandings.

A reporting systems with more options may lead to the market becoming less standardized.

The IRS will be cracking down further on people who fail to file tax returns after earlier efforts didn't do enough, according to a new report.

Economic confidence improved modestly in the third quarter, but businesses still pulled back on spending amid uncertainty, according to an AICPA and CIMA.

Plus, LogicGate 2026 release include GRC agents, lifecycle management solution; Deel launches retirement solution; and other accounting tech news.

Australia's top corporate cop is grappling with cleaning up a sector mired in scandal in recent years.

Piece by piece, parliamentary hearings into KPMG Australia laid bare the tensions at the heart of the nation's audit industry.

Investors who have taken advantage of opportunity zones may be facing hefty tax bills on their long-deferred capital gains unless they do some careful planning.

The core issue is not that small firms are fundamentally worth less; it's that they lack access to buyer competition.

The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.

Many of the tools Jeffrey Epstein employed in the tax transactions cited in a report have been used by other billionaires to generate massive tax savings.

The Treasury Department and the IRS issued proposed regulations threatening to end the tax-exempt status of schools that offer programs to help minority groups.