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Rapper Fat Joe's 2022 lawsuit accused a former BDO employee of using his accounts and credit cards to withdraw thousands of dollars in cash.

The IRS failed to address literally tens of thousands of unresolved security vulnerabilities, according to the Treasury Inspector General for Tax Administration.

The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

In Notice 2024-72, the IRS adding to the relief granted last year.

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

On the same day the AICPA sent a letter asking for immediate tax relief, the IRS announced widespread relief for the hurricane's victims.

Job growth at small businesses moderated slightly in September, but hourly earnings growth was up from August, payroll provider Paychex reported.

Without an income tax, Washington has one of the most regressive tax systems in the U.S.

The program will allow the representatives of a large business to share a mailbox to communicate with Appeals office employees.

The proposed update aims to enhance the guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

The Securities and Exchange Commission alleged Olayinka Oyebola and his firm enabled the perpetration of a multiyear fraud scheme.

The two organizations proposed a set of changes in the model legislation used in many states to reflect an alternative pathway to CPA licensure based on competency.

AICPA chief Barry Melancon parses the tax issues of the election, as well as the broader uncertainty facing the profession.

Third-party payers like payroll providers can now withdraw claims for individual clients.

Your Part-Time Controller appoints chief growth officer; LBMC launches family law support services practice; and more news from across the profession.

A short-seller report that questioned the company's accounting practices triggered a Department of Justice investigation.

The new program will offer an "earn and learn" opportunity to recruit new accounting talent or upskill those in entry-level positions.

The proposed amendments would clarify guidance on hedge accounting and address issues that arose from the global reference rate reform initiative.

The software company co-founder allegedly raised more than $30 million by falsely claiming the company had millions of dollars in annually recurring revenue.

The sanctions against Accell, Crowe MacKay, EY Switzerland, Grant Thornton Canada and Halpern 7 Associates come following an ongoing enforcement sweep.