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Companies will need to reveal detailed information about their greenhouse gas pollution under a new U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

The billionaire faces the largest U.S. tax-evasion case against an individual, and a 'jeopardy assessment' from the service.

Rep. Bill Pascrell is looking at coach compensation information to see if their large salaries run afoul of the schools’ tax-exempt status.

KSCPA names ninth president and CEO; IESBA adds members to newly created Technology Experts Group; and more CPA news.

Your clients with household help — such as nannies, housekeepers and senior caregivers — may be paying their workers through a mobile app like Venmo or PayPal. It’s quick and easy, but thanks to a new tax-reporting rule, it may no longer be a good idea.

Internal Revenue Service Commissioner Charles Rettig pledged to do more to improve taxpayer service after Congress approved a $675 million funding increase.

The service is outmatched in resources and expertise when it audits some of the largest companies in the country, the agency’s top official said.

Policy makers voted 8-1 to lift their key rate to a target range of 0.25% to 0.5%, the first increase since 2018, after two years of holding borrowing costs near zero.

Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.

The service has added more forms, publications and other information in Spanish Braille and other languages.

Too many letters; IRS funding, finally; pruning; and other highlights from our favorite tax bloggers.

The IIA is repositioning to embrace areas like environmental, social and governance reporting and other issues.

A bipartisan group of 100 lawmakers in the House and Senate wrote a letter to IRS Commissioner Charles Rettig asking him to provide further relief to taxpayers who have been receiving warning notices from the IRS this tax season.

A Munich court opened a class-action style procedure to hear cases brought by investors who claim EY violated its duties when auditing the now bankrupt payment company.

Deloitte has been helping a growing number of startups go public through initial public offerings and special purpose acquisition companies in the past two years, but a recent poll suggests the appetite may be growing more cautious.

A new report reveals that the service met only 67% of its hiring goals for last year in a key area.

A new survey from Deloitte found that senior finance professionals are anticipating new disclosures, but remain uncertain on how to do so consistently and accurately.

The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.

The tax software can now directly import crypto data; small businesses feel confident; Modern Accounting Award nominations now open; and other accounting tech stories