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The Public Company Accounting Oversight Board levied a $2 million fine against WithumSmith+Brown for violating quality control rules.

The Internal Revenue Service will be scrutinizing the use of corporate jets, focusing on big corporations and partnerships, as well as high-income taxpayers.

A recent survey of accountants shows professionals admitting to mistakes at a rate between several per week to several per month.

The president's son's lawyers filed a flurry of motions in the federal court seeking to have the tax charges dismissed.

The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.

The Internal Revenue Service's Criminal Investigation unit has been investigating bogus claims for the Employee Retention Credit and educating tax pros about the problems they can encounter.

Assessing your fees; partner comp; how to spend money; and other highlights from our favorite tax bloggers.

The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.

The chair and CEO of Deloitte Tax discusses how the firm is executing cross-business strategies to accelerate innovation and responsible application of artificial intelligence across Deloitte's offerings, products and services.

Despite the recent pushback in the U.S., many companies — roughly 90% in a survey by KPMG — plan to dedicate more resources to ESG over the next three years.

The IRS is pushing back filing and payment deadlines for those impacted in the Great Lakes State.

Some Taxpayer Assistance Centers will be open on Feb. 24, March 16, April 13 and May 18.

The existing guidance directs public companies, including banks, to count crypto they custody as liabilities on their corporate balance sheets.

Due to technical issues, some batches may need to be resubmitted to IVES.

Ten tax stories from the past year that may make you raise an eyebrow.

New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.

Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.

Leaving Washington state, which in 2022 introduced a 7% tax on capital gains, could have saved Bezos $288 million in taxes after he unloaded $4 billion of Amazon.com stock in the past week.

The IRS wants to help businesses know when they don't qualify for an Employee Retention Credit.

The Internal Revenue Service is looking for both corporate income and employment taxes for a four-year period.