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Senator Todd Young is urging the IRS to reconsider guidelines on the tax treatment of rewards crypto owners collect for locking assets on a blockchain network.

Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.

Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, according to a new survey by BDO USA.

Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.

A group of former Internal Revenue Service leaders discussed the state of the IRS at an AICPA tax conference after a wave of departures and layoffs.

Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard.

Chicago Mayor Brandon Johnson's proposal to levy a $21-per-employee, per-month tax on companies was shot down by a city council committee on Monday.

The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Chicago homeowners are getting hit with a record property tax hike after downtown office buildings and other commercial real estate values fell again.

Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.

Pressure from political activist Laura Loomer apparently torpedoed the nomination of Donald Korb, who had previously served as chief counsel under President George W. Bush.

The Internal Revenue Service announced the rates for the start of next year, which will stay the same as this quarter.

Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.

The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.

Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.

Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.

The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.

The Financial Accounting Standards Board aims to improve the accounting for purchased loans as it confronts a potential threat from House Republicans.