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The House Ways and Means Committee held a hearing to mark up the "one, big beautiful bill" extending expiring provisions of the TCJA and adding other tax breaks.

The Federal Accounting Standards Advisory Board wants input on accounting issues and questions related to reorganizations and abolishments amid DOGE cuts.

A report by the Association of Chartered Certified Accountants found 54% of North American respondents say they have career ambitions to be entrepreneurs.

Sage announced a series of new features and enhancements for its latest release of Sage Intacct, many of which center around AI.

The persistent presence of behavioral biases distort our decisions, including in the accounting field.

Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.

The Chartered Institute of Management Accountants updated its CGMA Professional Qualifications Syllabus for 2026 to emphasize finance business partnering and applied problem solving.

GOP leaders proposed a $30,000 cap on the federal income tax deduction for state and local taxes.

Accountants and tax professionals need to be ready to help their clients choose the right type of business entity.

House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.

A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy.

A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.

President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.

The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.

The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.

Public accounting is a vibrant and strong profession and also a business, as shown in data from the latest rankings on firm revenues, partners and staff size.

Approximately three-quarters of large global companies are receiving assurance services on their sustainability reporting, according to a new report.

The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.