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A bipartisan group of senators is demanding a detailed accounting of the crypto exchange's finances and efforts to maintain regulatory compliance.

The committee approved the nomination of Daniel Werfel as the next head of the service by a 17-9 vote.

Lawmakers introduced two pieces of legislation to require public companies to disclose their financial reporting on a country-by-country basis and strengthen the IRS's whistleblower program.

The Internal Revenue Service plans to host a series of five nationwide tax forums this summer in a return to the in-person format it used to favor prior to the COVID-19 pandemic.

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.

Silvergate's auditor, Crowe, has received multiple letters from short sellers making allegations about Silvergate's handling of customer funds.

The service's Criminal Investigation division plans to cast a spotlight on tax scams and fake charities.

Cracks are forming in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.

Affluent investors typically have more complicated financial lives and more ways to get things wrong when filing federal tax returns in 2023.

Transforming Free File; what partner agreements omit; excuses, excuses; and other highlights from our favorite tax bloggers.

The high court handed down rulings in FBAR penalty and state escheat cases.

The money is aimed at supporting NABA's updated technology infrastructure and increasing the representation of Black business leaders.

The IRS is reminding them that federal estimated taxes are due March 1.

A taxpayer suit seeks to overturn a huge tax break for the online retailer.

The foundation will start streaming portions of its Oversight Committee meetings with the chairs of FASB and GASB, starting May 9.

The AICPA and CPA.com announced the 2023 cohort for their Startup Accelerator program.

The Supreme Court scaled back the federal penalties for failing to file required reports listing foreign bank accounts in a ruling likely to help some Americans living abroad.

Crypto miners and staking-service providers may learn in the days if they have to report information on their clients' transactions.

The Minnesota Society of CPAs has introduced legislation that would allow young accountants to become CPAs without earning five years of college credit.

The service is giving taxpayers more time to file tax refund claims for tax returns they filed earlier in the pandemic.