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Only about one-third of taxpayers globally believe tax revenues in their country are being spent for the public good.

In a comment letter, the institute says the board's new requirements could drive smaller auditing firms out of the market.

Here's a roundup of tax-related news and insights on politics, practice management, investment strategies, health savings accounts, estate planning and more.

If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.

The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.

The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.

The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP opposition.

The spending plan comes after contentious talks between the administration and aldermen over how to close a nearly $1 billion deficit with higher taxes or cuts.

The IRS and its partners shared a half-dozen ways to safeguard your firm and your clients during National Tax Security Awareness Week.

Tax pros don't expect big changes for the coming filing season — but they're already worrying about the one after that

The Public Company Accounting Oversight Board's 2025 budget totals $399.7 million, and the accounting support fee totals $374.9 million.

Plus, what Excel's CoPilot can do, the best industrial ERP solutions, and more.

Crypto's future; sobering CTC; inside and outside; and other highlights from our favorite tax bloggers.

KPMG International reported that annual aggregated revenues of its member firms around the world grew 5.1% for the 2024 fiscal year.

The proposed accounting standards update provides disclosure requirements related to environmental credits and obligations.

Final regulations on clean energy partnership credits, raised 401(k) limits and more from the Internal Revenue Service in November.

The average audit fee increased to $3.01 million in 2023, up from $2.83 million in the previous cycle, according to a new report.

Mayor Brandon Johnson is reversing his plan to raise property taxes by offering to use some bond refinancing savings and defer a loan repayment.