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The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.

The economic package would raise $2.1 trillion in revenue through measures including tax increases on corporations and the wealthy.

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands.

EY names new Americas vice chair of talent; Katz, Sapper & Miller launches government consulting practice; and more CPA news.

Tifphani White-King has charted an unusual career path, starting with aspirations of dancing and then becoming one of the first Black female tax partners at a major firm.

Accounting Today mourns the loss of our longtime columnist Dom Esposito. In this column, he and consultant Tony Zecca write about the trend of private equity firms investing in CPA firms.

The Virginia Society of CPAs also donated 1,000 copies of a book for young people to mark Virginia CPA Week.

Novatek PJSC shares dropped after the arrest of deputy CEO Mark Gyetvay on tax charges in the U.S.

The law professor who’s coordinated President Biden’s sweeping tax proposals is finding that many Democrats don’t share his zeal to soak the rich.

A new deal would up the thresholds of what triggers reporting to the IRS, according to a key House Democrat.

Democrat legislators are attempting to move forward with the next step needed to pass President Biden’s economic agenda.

That’s a lot of dimes; divided she fell; mom made me do it; and other highlights of recent tax cases.

The institute has launched a new effort to bring more people into the accounting profession through its credential.

Vertex and Acumatica strengthen partnership; and Windham Brannon adopts Anduin technology.

The Big Four firm has released a new report on climate-associated financial risks for them to consider.

Many people with disabilities have experienced discrimination based on their disability and therefore may require some coaxing to apply for your jobs. However, they will provide your firm with unbelievable benefits and are worth the modest effort.

The administration struggles to unite Dems behind a bill that can pass in the face of united Republican opposition.

The 400 wealthiest families slashed their income tax to an average rate of 8.2% from 2010-2018 because of preferential capital gains rates.

Certain high-value refunds and credits get sent to the JCT for review.

The service also noted that it would always notify taxpayers that their accounts are going to collections.