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So far, around 150 federal disaster declarations have already been announced for 2024, involving 44 states, two territories, and half a dozen Native American tribes or bands.

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

The commission is focused on accounting errors the railroad had previously disclosed and certain non-financial performance metrics. 

The Supreme Court decision in Loper Bright has broad implications for the tax regulations written and administered by the Treasury and the IRS as well as the agencies tasked with the regulation of the alternatives industry.

The IRS is warning taxpayers about the red flags that a 'charity' seeking donations may not be on the up and up.

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.

Tax cuts and Mickey's slice; avoiding FBARs; COLA wars; and other highlights from our favorite tax bloggers.

In the wake of Hurricane Milton, the IRS is pushing back filing and payment deadlines.

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

The payroll and HR services giant has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan.

Allowing for regulatory approvals and other hurdles, the two firms hope to become a single firm by the end of 2025.

Baker Tilly names chief growth officer; Marcum and KPMG release surveys; and more news from across the profession.

A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

The gap between taxes owed and paid increased to $696 billion in tax year 2022.

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.