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Officials and employees are working from home and doing inspections of U.S. audit firms remotely to protect them from infection.

U.S. Treasury Secretary Steven Mnuchin said he supports direct payments of $1,000 per adult and $500 per child to Americans within three weeks if Congress backs the plan.

NASBA and the AICPA announced the decision after test administrator Prometric closed its test centers across the United States and Canada for 30 days.

The IRS cautioned tax professionals about a new version of a phishing email scam targeting them.

The relief is only for income taxes, and doesn't change any filing deadlines.

The Big Four firm helped modernize the skills of students at three schools, with plans to reach more schools throughout 2020.

Businessman Lev Dermen, 53, was found guilty Monday as part of a scheme to cheat the IRS out of $512 million through a program designed to promote clean fuels.

Extensions; H.R. 6201; OICs; and other highlights from our favorite tax bloggers.

The Treasury is still encouraging taxpayers to file by April 15

CFP exam registrants affected by the closures will be rescheduled for the July 2020 exam, currently scheduled for July 7-14, 2020, at no additional cost.

Treasury Secretary Steven Mnuchin announced that his department is pushing back the April 15 tax filing deadline, giving individuals and many businesses 90 extra days to pay taxes they owe.

The administration is also planning $1,000+ stimulus checks.

The Treasury Secretary is expected to seek a third round of coronavirus-related economic stimulus, including postponing the due date for quarterly tax payments.

The American Institute of CPAs’s Financial Reporting Committee released working drafts of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration insurance contracts standard.

More than half of chief financial officers see the potential for a significant impact on their business operations, according to a new survey from PwC.

The U.S. Chamber of Commerce called Monday for a three-month cancellation of all payroll taxes paid by employers to address “a sudden and sharp drop in demand” facing businesses due to the coronavirus pandemic.

The U.S. Treasury will be able to support smaller businesses impacted by the coronavirus through an economic relief plan that the House passed late Friday, Treasury Secretary Steven Mnuchin said in a statement.

Accounting firms across the nation are knee-deep in tax season, but now, they are also knee-deep in a crisis no one could have predicted.

The National Society of Accountants, NCCPAP and the AICPA are asking the IRS and Treasury for tax relief during the pandemic.

The partnership comes at a time when anxieties are high over cryptocurrency regulation and taxation, as much of the guidance from the IRS has proven inadequate and confusing.