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Biden's lawyers argue that all the charges should be dropped because their client has immunity under a deal he struck in July.

U.S. officials will take money away from victims of the fraud-tainted crypto firm unless a judge rejects the government's demand for $24 billion in unpaid taxes, the bankrupt company said.

From stealth startups to fintechs and legal tech, meet the players who are reshaping accounting and tax.

The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.

The International Federation of Accountants' planned revisions will include some new and revised learning outcomes to meet the demands for sustainability reporting and assurance.

What are the main factors driving finance employees to leave their jobs?

As the accounting profession enters a period of unprecedented change, the AICPA's Barry Melancon highlights the upsides and downsides.

The Internal Revenue Service's Independent Office of Appeals hopes to improve both service and the experience of its workforce.

Business leaders who are also CPAs are unsure about the direction of the U.S. economy next year.

The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.

A prominent NYU accounting professor who is being paid to testify in Donald Trump's defense in a civil fraud trial heaped praise on the former president's financial records.

The unemployment rate declined two-tenths of a point to 3.7% in a sign of a strong economy despite high interest rates.

Plus, Wolters Kluwer's emissions reduction targets validated; and other updates from the accounting technology world.

Brown Schultz Sheridan & Fritz renames firm; Weaver moves into new Texas office; and more news from across the profession.

The Securities and Exchange Commission's chief accountant cautioned auditors and public companies about the statement of cash flows after spotting problems that could lead to a financial restatement.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations.

Like other firms, KPMG has been battling a fall in demand for its services caused by the tougher economic climate.

They aren't the only ones making combinations: At least nine other firms announced deals recently.