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A recently released book explains a framework for improving a company's profitability.

The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.

Grant Thornton Advisors has expanded its rapidly growing multinational platform by merging in Kevane Grant Thornton in Puerto Rico.

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.

Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.

In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.

An inside look at the Big Four firm's brand-new space in Manhattan's Hudson Yards neighborhood.

Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax pros and taxpayers soon.

Intuit has announced a multiyear partnership with OpenAI to develop branded finance apps that can be accessed directly within ChatGPT, a deal worth over $100 million. 

The deadline for public comment on proposed changes to continuing professional education standards is fast approaching.

The IRS and the Treasury released interim guidance giving new tax benefits to banks that provide loans secured by rural or agricultural real property.

The American Institute of CPAs is urging the IRS not to merge its Office of Professional Responsibility with its Return Preparer Office to avoid confusion.

The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.

The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and costs to businesses and households.

The company has struggled to meet SEC deadlines amid souring investments, flaws in its financial reporting and an ongoing investigation.

The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.

The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.

The International Accounting Standards Board discussed adding new projects to its agenda, along with ongoing work on the equity method and intangible assets.

An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.