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International Accounting Standards Board chair Hans Hoogervorst is looking back at the growth of International Financial Reporting Standards as his decade running the IASB is set to end this month.

Business executives who are CPAs are feeling more optimistic about the U.S. economy than they’ve felt in the past three years.

Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks — and to escape President Joe Biden’s proposed capital gains tax increases — are now the focus of a sweeping Internal Revenue Service review.

The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.

Employment in the private sector increased by 978,000 jobs last month, payroll giant ADP reported, as the economy slowly continues to recover from the COVID-19 pandemic.

While the rate of job growth in the leisure and hospitality sector increased last month, it slowed in the construction industry, according to Paychex.

Contrary to the dire predictions at the time, the massive overhaul of the nation’s Tax Code during Donald Trump’s presidency had a negligible initial impact on the nation’s domestic migration patterns, new data from the Internal Revenue Service show.

European officials are considering a proposal from the Biden administration to make companies with at least $20 billion in annual revenue pay more of their tax bill in places they operate, while being less enthused that the U.S. offer would limit levies to just 100 firms.

The Big Four firm has launched the Making Accounting Diverse and Equitable initiative in an effort to reach Black and Latinx accounting candidates earlier in their lives and provide future professionals with lifelong resources.

The service is looking for members for three-year terms to start in January of next year.

Fifty years of preparing taxes; golden days for whistleblowers; confusion in Colorado; and other highlights from our favorite tax bloggers.

A GAO report finds that the regulations were burdensome for multinational companies, even though they saved through lower tax rates.

Bloomberg Tax & Accounting has improved the product to help multistate businesses with net operating losses across multiple states.

The Governmental Accounting Standards Board issued a proposal to improve the accounting and financial reporting requirements for state and local governments.

To mark the start of LGBTQ+ Pride Month, the Big Four firm announced it is increasing its lifetime maximum for transgender-related health care coverage from $25,000 to $75,000, effective July 1.

The administration is looking for big money from a higher corporate tax rate and better IRS enforcement.

The foundation’s annual report highlights the boards’ efforts to support stakeholders in the pandemic.

Better, more timely guidance from the IRS would do more to drive compliance, writes Alexis Leondis.

The International Accounting Standards Board proposed a comprehensive framework for management discussion and analysis to better align with investor needs.

The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report.