Organization Root Tag

The Internal Revenue Service added new information to its FAQ page on the tax rules surrounding the use of coronavirus funds for mortgage insurance and home purchases.

Deloitte and the University of Maryland's Robert H. Smith School of Business have collaborated to debut the Deloitte Initiative for AI and Learning, an AI research initiative set to improve educational and advancement opportunities for students and faculty. 

The service is giving companies and tax professionals another year to fix up their claims for the research and development tax credit.

The Treasury Inspector General for Tax Administration said the IRS implemented several cloud services without having a fully implemented security control infrastructure in place.

The IRS is pushing deadlines out to Feb. 15 for those impacted in Florida.

The Top 10 Firm was penalized for improper professional conduct for failing to properly audit a client.

Plus, Intuit announces new commerce accounting capacities for QuickBooks; Avii offers new core and enhanced versions of Avii Workspace; and other updates from the accounting technology world.

FATCA was designed to go after wealthy Americans keeping money overseas to avoid taxes, but is also ensnaring regular people living abroad.

The Top 10 Firm reported Thursday that its U.S. revenue for the fiscal year ending July 31, 2022, rose nearly 17% to reach a record of $2.3 billion.

The Financial Accounting Standards Board issued an accounting standards update to improve transparency about the use of supplier finance programs for investors and other capital providers.

Deloitte's member firm in China agreed to pay a $20 million penalty to settle charges with the Securities and Exchange Commission that the firm asked its audit clients to do their own auditing work.

The Top 10 Firm is expanding its corporate tax practice.

Switching accounting firms had been seen by some companies as a way to satisfy a 2020 law that threatens to remove businesses from the NYSE and Nasdaq if U.S. officials can't inspect their audit work papers.

Those impacted by storms and flooding have until February to file many returns.

The vast majority of advance payments of the CTC went to eligible families, but millions of taxpayers who should have received the money did not, while millions of others who didn't qualify got them.

A group of Republicans on Congress' main tax committees sent a letter to the Internal Revenue Service and the Treasury, backing a request from the AICPA.

The Securities and Exchange Commission has reached a settlement with 16 Wall Street firms over failures to maintain and preserve electronic communications.

Paying a firm's retirees; email, text and your clients; when the IRS says wrong; and other highlights from our favorite tax bloggers.

Members serve one-year terms advising the board on the needs and perspective of small public companies.

Some favorite techniques used by the wealthy in recent years aren't looking so good amid higher interest rates.