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The U.S. Department of Labor issued a final rule to clarify the standard for determining whether a worker should be considered an employee or an independent contractor.

The Internal Revenue Service and the Treasury Department released final regulations on how businesses can claim a tax credit for use of carbon capture equipment to help the environment.

EY aims to help business-to-business enterprise clients that have contractually driven, multiparty cash flow distributions to create similar blockchain platforms.

The United Kingdom’s Financial Reporting Council issued a report Wednesday on its sanctions against Deloitte for audits of a British software company that was acquired by HP.

The Internal Revenue Service and the Treasury Department released guidance on claiming deductions for expenses associated with Paycheck Protection Program loans that have been forgiven.

The Internal Revenue Service is once again depositing the latest round of Economic Impact Payments in the wrong bank accounts in a replay of problems experienced last year by many taxpayers.

Professional services like accounting and tax prep gained 12,000 jobs, however, according to the payroll giant.

Over one-third of U.S. public company audits rely on at least one audit firm abroad, according to new research.

The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported.

The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.

Costs of moving; fee on estate tax closings; top Twitter accounts to follow; and other highlights from our favorite tax bloggers.

Leaders of the Big Four CPA firms and major companies are stepping in and asking Congress to allow a smooth transition to the Biden administration.

The Internal Revenue Service is increasing many of the fees for requests for private letter rulings by 26.7 percent, starting Feb. 4.

The latest stimulus package includes a number of provisions that make some major adjustments to the Paycheck Protection Program. Erik Asgeirsson of CPA.com and Lisa Simpson of the AICPA discuss the latest changes, and how accountants should be working with clients to make the most of them.

The Internal Revenue Service and the Treasury Department released guidance that offers an extension of a safe harbor for developers of renewable energy projects located either offshore or on federal land.

Xero, provider of cloud accounting software, has named Faye Pang its new Canada country manager.

An inside look at how RSM US is supporting its staff through the pandemic.

The International Ethics Standards Board for Accountants released a report on its accomplishments over the past four years in setting ethical standards around the world.

The Top 10 Firm has bolstered its Salesforce consulting practice by acquiring a San Francisco-based consultancy that specializes in the cloud-based CRM system.

Private collection agencies that have contracted with the Internal Revenue Service to collect overdue tax debts have collected nearly $500 million since 2017, according to a new report, but that’s just a fraction of the over $30 billion owed.