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The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies.

Free Mom Hugs, which helps the LGBTQ+ community across all 50 states, is the latest organization to be featured by the firm's ongoing philanthropic initiative.

The service posted the new deputy chief taxpayer experience officer position on a federal jobs site, and announced plans to hire thousands of contact reps this summer.

The service is taking steps to increase its audit rates of higher-income taxpayers after coming under sharp criticism in Congress over its lagging audit numbers.

The board voted to add a project to its technical agenda on financial instruments with environmental, social and governance-linked features and regulatory credits.

A federal appeals court has affirmed a district court’s decision that gave priority to an Internal Revenue Service levy on a decedent’s estate over the decedent’s children’s rights under Louisiana law.

A recent report says accounting professionals are well-positioned to capitalize on the growing intersection between finance and technology.

Ernst & Young is reportedly considering spinning off the auditing side of the firm to deal with growing pressure on the Big Four to avoid conflicts of interest with their consulting practices.

Employees at small businesses in the U.S. experienced the 12th month in a row of increases in hourly earnings this May, but the pace of job growth slackened, according to payroll giant Paychex.

A possible split confronts the problem faced by all breakups: How do you create attractive businesses out of both when one is likely to be seen as inferior?

Sweeping audit reforms are aimed at reining in the dominance of the big firms and cleaning up the industry following a string of high-profile scandals.

Plus, Paystand announces new features; Wolters Kluwer's TeamMate+ authorized for federal use; and other accounting technology news.

The Top 100 Firm aims to recognize U.S.-based businesses that are “changing the game” with their commitment to environmental, social and governance practices.

The service has updated its FAQ on the 2021 Earned Income Tax Credit, with new information on using prior tax years to calculate it.

Several hurdles remain in an impasse over audits on U.S.-listed Chinese companies to avoid forcing them off American exchanges as early as next year, an SEC official said.

The Internal Revenue Service introduced a new feature that enables taxpayers to check the status of their current tax year and tax refunds for the two previous years as the agency continues to come under fire for processing backlogs.

For only the second time, multiple CPAs under the age of 41 were honored for their contributions to the future of the accounting profession.

The Securities and Exchange Commission is taking its biggest step yet to stop money managers from misleading investors when they claim their funds are focused on environmental, social or governance issues.

TradeZero has settled with the commission over charges that it misled investors when it said it does not restrict access to meme stocks.

A recent ACCA study highlights the shortcomings of academia in effectively training future accountants for the skills needed in the marketplace.