Organization Root Tag

The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting requirements to impose on auditing firms.

The free tax program will now import a taxpayer's information from the previous year, as a report finds the program could cost the IRS considerably more than the estimated $249 million per year to maintain.

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

The Internal Revenue Service urged tax professionals to steer clear of so-called "spearphishing" scams from cybercriminals, including identity thieves posing as new clients.

At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.

The Internal Revenue Service clarified the treatment of money paid for energy-efficient property and improvements in Announcement 2024-19.

More than 70 of the Internal Revenue Service's assistance centers will be open for walk-ins from 9 a.m. to 4 p.m.

The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.

The Internal Revenue Service is making some changes in the way it sends tax transcripts for clients to tax professionals to beef up security.

The Treasury reported increasing usage of the free tax-filing system that they've been pilot testing in a dozen states this tax season.

The PCAOB found multiple deficiencies in every audit it reviewed from BF Borgers over the past two annual checks.

Ideagen Audit Analytics' report shows mid-tier auditors taking market share from smaller firms.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

Filing and payment deadlines for taxpayers in designated areas have been pushed back.

The accounting standard-setter named 11 experts to its reconstituted task force on Thursday.

It was the first hiring increase so far this year, according to Paychex, though it remained below pre-pandemic levels.

The firm's air travel emissions increased 77% last year, but it has decreased overall emissions since 2019, according to its 2024 impact report.

Private sector employers added 184,000 jobs in March as annual pay rose 5.1% year over year, payroll company ADP reported.

Thomson Reuters recently closed its $800 million acquisition of Pagero, a Swedish e-invoicing company, placing a big bet on the future of electronic invoicing amid wider changes in international tax and accounting.