Organization Root Tag

The board has decided to require companies to measure cryptocurrency assets at fair value.

Board staff believe the approach better aligns measurement of crypto assets with that of other assets used for investment purposes.

The transition period has now been extended through Jan. 10, 2024 in which taxpayers are afforded a full 45 days to perfect a R&D tax credit claim for refund.

To maximize your success, avoid these blunders at all costs.

The service posted drafts of the upcoming Schedule UTP form and instructions in an effort to improve the forms' usefulness.

The Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders.

The Public Company Accounting Oversight Board has again rejiggered its standard-setting and research agendas, adding three new projects.

Power users get more tools in their favorite spreadsheet program, and other developments in technology from the past month.

The Swiss bank had promised in 2014 to stop helping U.S. citizens evade taxes, but investigators have their doubts.

Commenters on any of these files are advised to check the relevant comment file on SEC.gov to see if their comment was received and posted.

They've also tripled since the passage of Sarbanes-Oxley in 2022, according to a recent report.

PPP misrepresentation; rebuilding clients' basis; what you're doing wrong; and other highlights from our favorite tax bloggers.

The Top 10 Firm announced the release of its new fraudrisk.x software, which uses a large library potential frauds to help professionals make risk determinations.

And Excel came in second when it comes to people searching for help information online.

Beneficiaries won't get hit with a 50% penalty for not making withdrawals in 2021 and 2022 — an unexpected move by the IRS. But questions still remain.

While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.

The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.

The Criminal Investigation unit in Mexico City helped locate 79 criminals in Mexico, Belize, El Salvador, Guatemala and Honduras in the past fiscal year.

The board is proposing to require companies to disclose more detailed information about the different segments of their business.

Million-dollar baseballs are raining down on fans like pennies from heaven, and the taxman isn't far behind.