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The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.

The IRS and the Treasury issued guidance on the permanent extension of the employer tax credit for paid family and medical leave under the OBBBA.

Investment companies may need to reassess valuation policies, disclosures and financial reporting timelines if the proposal is finalized.

The firm has dropped plans for a roughly $3 billion leveraged loan that was intended to refinance private credit debt and fund a dividend.

Private sector hiring grew by 44,000 jobs in July, while pay increased 4.4% year-over-year, payroll giant ADP reported Wednesday, as the pace of hiring slowed this summer.

The IRS's overall improper payment rate on refundable tax breaks increased from 21.9% in 2024 to 26.5% in 2025, totaling about $28.1 billion.

Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.

Deutsche Bank is seeking damages from four former senior employees who claim the lender wrongly blamed them for alleged involvement in an accounting scandal.

Blanche walked back and clarified key elements of the department's arrangements to resolve Trump's $10 billion lawsuit against the IRS.

The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.

The Financial Accounting Standards Board decided during a board meeting to add a project on goodwill impairment testing to its technical agenda.

The fund could have paid $1.8 billion to President Trump's allies, and the acting AG clarified the scope of the president's sweeping immunity deal with the IRS.

Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report from Xero.

The IRS recently changed how it oversees every credentialed tax professional in the country. Most practitioners had no idea it was coming.

The president's desire to avoid criminal prosecutions and tax audits has become the biggest impediment to getting his own attorney general pick confirmed.

Paper notices that include QR codes are leading recipients to a spoofed Internal Revenue Service website.

The IRS's Criminal Investigation unit issued a fraud alert warning about scammers who are targeting cryptocurrency holders with convincing fake IRS letters.

Big Four firm Ernst and Young announced it now has a quantum computer physically sitting in its Toronto office.

The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.

Democrats on the Senate Finance Committee plan to introduce an amendment prohibiting President Trump's audit immunity deal with the IRS during a markup hearing.