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The Internal Revenue Service hasn’t been properly vetting millions of dollars in deductions that could be erroneous, according to the inspector general.

Big Four firm EY's College MAP mentorship program also saw 400 high school students receive nearly $800,000 in scholarships for 2020.

Some leading organizations are taking the SEC’s cue and tightening up their filings to provide stakeholders with better clarity, focus and insight.

Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. Yet it didn’t do it. Now, perhaps Joe Biden will.

The Treasury Secretary-designate said she would work with lawmakers to fast-track a series of tax increases on corporations and wealthy Americans.

Benchmarking has become a useful tool for organizations of all kinds to gauge their performance during the uncertain environment created by the COVID-19 pandemic.

Drug money; ghosts of a chance; skin games; and other highlights of recent tax cases.

President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by the Senate.

Financial executives feel that the requirements for documenting their organization’s internal controls are getting to be too much and many of them are behind the curve when it comes to applying technology for internal control over financial reporting, according to a new report.

Dixon Hughes Goodman's Wesley McLeod, a partner at the Top 20 Firm's insurance practice, will head the Insurance Accounting & Systems Association's new committee devoted to diversity in the insurance sector.

The International Integrated Reporting Council has published its revised Integrated Reporting Framework, incorporating some major changes since the IR Framework was first published in 2013.

From legal considerations to tax implications, these entrepreneurs face some unique challenges.

Albert J. Pirro Jr., a former business partner of Donald Trump and the ex-husband of Fox News host Jeanine Pirro, was pardoned by the departing president on his last day in office at the end of a flurry of clemency.

Prager Metis combines with Blair, Bohlé & Whitsitt; REDW joins with CPA Global Tax & Accounting; Somerset CPAs and Advisors adds Rowley & Company; and Fineman West merges in Katz & Associates.

The Association of Chartered Certified Accountants found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds think the profession still has an issue to deal with when it comes to diversity.

The Internal Revenue Service released information on how employees now have until the end of the year to repay any payroll taxes they deferred from last year.

Given the turbulence of the past year, agility should be at the forefront of our minds when building a budget and strategy for 2021.

President Joe Biden plans to extend a freeze on federal student-loan repayments until at least the end of September, keeping in place a pandemic measure that’s reduced costs for tens of millions of borrowers.

The Association for Accounting Marketing is seeking nominations for its Marketing Achievement Awards and Marketer of the Year award.

The software vendor has updated its free website with interactive tools to help small business owners and the self-employed assess their eligibility for federal relief and related tax credits.