Organization Root Tag

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit.

The post on Truth Social is the latest indication that the president-elect aims to carry out his promises for sweeping trade levies when he retakes office.

A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

Lawsuits before the Supreme Court and in lower federal courts across the country could further reduce enforcement powers at the IRS and the SEC this year.

The IRS has pushed back filing and payment deadlines for those affected by the wildfires to Oct. 15.

Vince McMahon is alleged to have hidden hush-money settlements to a former employee and company contractor, leading to incorrect financial statements in 2018 and 2021.

Some related-party 'basis shifting' arrangements are now considered 'transactions of interest' per the IRS's final regulations.

Proposed new rules were issued for the tax credit for qualified commercial clean vehicles, along with guidance on claiming tax credits for clean fuel.

The proposed regulations involve provisions of the SECURE 2.0 Act, including auto enrollment in 401(k) and 403(b) plans, and the Roth IRA catchup rule.

Newly expanded and improved tools will be available when tax season kicks off this month.

Ericksen Krentel elects sixth MP; Yeo & Yeo, Grassi and BMSS move offices; IFRS Foundation appoints three new trustees; and more news from across the profession.

Plus, IRIS beefs up Firm Management solution, customer success function; and other accounting tech news and updates.

Officials are weighing whether the bank — now owned by UBS — breached a 2014 plea deal in which it paid $2.6 billion and admitted helping Americans evade taxes.

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.

EisnerAmper merges in HDA Accounting; BDO USA adds Blue Beyond Consulting; and Brady Martz welcomes Green & Miller.

The program will start accepting individual returns to be held for filing once tax season kicks off.

Any returns or payments due on Jan. 9 can be sent in on Jan. 10.

UBS Group is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the DOJ.