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Three former executives from Austal USA have been indicted for a fraudulent revenue recognition scam.

Proposed guidance aims to reduce U.S. reliance on China for batteries and minerals.

Long-awaited proposed guidance gives details on the new tax credits for electric vehicles under the Inflation Reduction Act.

IFAC names next CFO; Weaver donates $32K to women-supporting nonprofits in honor of International Women's History Month; and more news from around the profession.

Plus, GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; ITA looks for new president; and other news from the accounting tech world.

The majority of the service's extra funding from the Inflation Reduction Act is currently dedicated to improving tax enforcement to collect more revenue.

The Internal Revenue Service issued a revenue ruling that aims to prevent abuse of stepped-up basis adjustments in irrevocable grantor trusts.

The committee released a study Thursday on how to apply its widely used internal control framework to sustainability reporting.

The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.

The Swiss bank continues to help rich Americans hide assets from the IRS nearly a decade after a unit pleaded guilty to tax-evasion conspiracy, the Senate Finance Committee said.

1099 trouble; getting a partner out; oh BOI; and other highlights from our favorite tax bloggers.

Companies that went public before the slowdown in the IPO and SPAC markets have been having trouble complying with Sarbanes-Oxley requirements.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The IRS is pushing back filing and payment deadlines for affected taxpayers.

The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.

A wide range of entities — including many small businesses — will have to report their 'beneficial ownership' starting Jan. 1, 2024.

The cash-like instruments have garnered hundreds of billions of dollars since the banking crisis began.

A PricewaterhouseCoopers survey reveals businesses are nowhere near as trusted as they think they are.

The board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum for improper use of Chinese audit firms.