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Progressives are eyeing tax measures including an increase in the capital-gains levy.

Automation isn’t just about improving your business processes — it’s also a key way to better serve your clients.

Leaders of the tax-writing House Ways and Means Committee are sounding the alarm over the slow start to tax season, reflected in the initial week of data from the IRS.

Two members of Congress teamed up Friday to introduce a bipartisan bill that would offer tax credits for income from tips to beauty salon owners and workers.

The Financial Accounting Standards Board approved a tweak to the goodwill rules for private businesses and not-for-profits, giving them more flexibility on when to do impairment assessments of triggering events.

You can provide a bit (coin) of good news for clients with outsize short-term gains from alternative assets.

Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly.

Quadient updates document management, SafeSend rebrands, Rippling adds time and attendance tracking, and cryptocurrency news.

For accounting to take a pivotal role in tackling the climate emergency, a single set of sustainability standards is critical.

Citrin Cooperman appoints leader of entertainment, music and sports industry practice; Lindquist promotes four; and more CPA news.

Democrats on the House Ways and Means Committee are urging the Internal Revenue Service to extend tax season beyond April 15 to give taxpayers another three months until July 15.

New guidance shows how employees and employers can carry over unused money from flexible spending accounts and dependent care assistance programs.

The agency’s commissioner is upbeat, but tax preparers and financial planners worry that this year could be especially chaotic due to the COVID pandemic.

House Democrats are proposing two pieces of legislation that would also provide more funding for the Internal Revenue Service.

The Internal Revenue Service is still dealing with a backlog of unprocessed mail from 2020, hurting its efforts to provide help with COVID-19 relief payments and this year’s tax season.

Family affairs; Ultimate crime; level effects; and other highlights of recent tax cases.

A potent mash of alcohol regulations, tax obligations and marketplace facilitator laws is brewing as the industry adjusts to living with the COVID-19 pandemic.

Amid regulatory change, margin pressure and technological shifts, private equity firms need to rethink their approach to tax and finance functions. Petter Wendel, EY global tax private equity leader, shares how based on findings from the 2020 EY Tax and Finance Operate Survey.

Illinois Governor J.B. Pritzker is seeking to cut spending and end some corporate tax breaks to help close the worst-rated state’s nearly $3 billion deficit in the coming fiscal year.

Paul Knopp, KPMG U.S. Chair and CEO, posted an internal message on LinkedIn reiterating the firm's condemnation of "discrimination, harassment or racism" against Asian-Americans during the COVID-19 pandemic.