Organization Root Tag

Time is running out for nearly 940,000 individuals to claim refunds from 2020, with a May 17 deadline approaching for filing the necessary tax returns.

The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and ways to avoid them.

The Internal Revenue Service has updated its whistleblower award form for tipping off the IRS about tax violations and applying for a monetary reward for the information.

The measure would have allowed the city council to increase transfer levies on upmarket residential and commercial property sales.

Notice 2024-30 expands rules for determining an "energy community," among other things.

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

The Internal Revenue Service's efforts to halt fraudulent claims for the Employee Retention Credit have protected more than $1 billion since the agency instituted a processing moratorium.

PBMares establishes new risk advisory consulting practice; Weaver adds a tax partner; and more news from across the profession.

Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.

Chinese authorities are ramping up pressure on the global accounting giant that audited a slew of developers before the sector's meltdown.

Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and 2020.

Businesses will get help determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.

The Internal Revenue Service is urging businesses that have filed claims for the Employee Retention Credit to make sure they didn't incorrectly claim the credit and to come forward if they did.

The Securities and Exchange Commission has charged two separate investment advisors for severely overstating their use of AI and machine learning for financial advice.

The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm in mainland China for violating PCAOB standards and imposed sanctions on them.

The Public Company Accounting Oversight Board sanctioned an Israeli auditor and her firm for violating the PCAOB's rules in several audits, imposing a $200,000 penalty.

Next stop, more billions; misaimed mansion tax; auditing's future; and other highlights from our favorite tax bloggers.

The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in additional funds provided by the Inflation Reduction Act, according to a new report.