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Tax pros who have begun working on their clients' returns are encountering a slight change in wording at the top of Form 1040.

The 2023 season just opened, but you should still plan now for next year.

The Biden administration is privately warning about Republican efforts to cut the Internal Revenue Service's budget.

The firm's worldwide revenues in 2022 reached $8.132 billion, increasing 15% this past year and 41.7% over the last three years.

The Big Four firm is partnering with the University of Northern Iowa to support a new hybrid learning program.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The Internal Revenue Service pledged to improve taxpayer service this year.

Over 1,200 partners and staff attended in person and the balance of the 2,100-member team did so virtually.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

There's a catch buried in the law: Projects that don't meet certain new wage and labor requirements only get a fraction of the credit.

Increasingly, tax functions are turning to the cloud to help with many of their data-processing needs.

A civil liberties group is taking the board to court for penalizing an unidentified auditor.

CohnReznick adds 19 to partnership; the IRS appoints nine new members to Advisory Council; and more accounting news.

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

A recent report from the IMA looked at the finance function's readiness to meet accelerating demands from the SEC and elsewhere for climate risk information.

The IRS is postponing payment and filing deadlines for affected taxpayers.

The accountant sold partnerships in deals known as syndicated conservation easements, which the IRS says are often fraudulent tax shelters.

The service is increasingly relying on information provided by financial institutions to uncover tax-related crimes such as money laundering and drug trafficking.

EY Chief Executive Officer Carmine Di Sibio said "it's business as usual" when it comes to hiring, with a tight jobs market even as several big firms begin to cut staff.

The justices turned away a Missouri appeal that sought to ensure states can cut taxes even as they receive $195 billion in federal pandemic-relief money.