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The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board's duties if the tax bill passes.

Rev. Proc. 2025-23 updates the list of 'automatic procedures' for changes in methods of accounting.

Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.

Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMG's 2025 Futures Report found.

The Top 10 Firm is expanding its AI strategy and offerings over the next three years, particularly where it concerns semi-autonomous agents.

Eleven accountants were given the Elijah Watt Sells Award, granted to those who earn a cumulative average score above 95.50 across four sections of the exam.

The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief.

Grant Thornton names new CFO; CTCPA installs new board of directors; and more news from across the profession.

The overall unemployment rate remained unchanged at 4.2%.

Tesla shares sank as Elon Musk and President Trump's simmering feud devolved into a public war of words over the bill.

Audit partners' pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report.

Hourly earnings growth for small business employees dropped to a four-year low at 2.77% in May, while job growth was flat, according to payroll company Paychex.

The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.

The world's richest man is declaring his opposition to tax legislation that's the centerpiece of Trump's domestic agenda.

The latest data on layoffs and growth in master's degree programs in accounting.

U.S. officials have asked for information related to the accounting of deals that the cybersecurity company has made with some customers.

Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.

Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.