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He testified that financial documents sent to Deutsche Bank were "accurate," even though a judge has already determined they were fraudulent.

The service's development of its newly introduced business tax accounts and recent improvements in its tax pro accounts could be jeopardized if funding is cut.

Gainful employment; waste not; Mr. Plow; and other highlights of recent tax cases.

A recent report from estimates that if the internet were shut down entirely around the world for one day, it would cost the global economy about $43 billion.

NASBA CEO and RSM International CEO both announce plans to step down; Citrin Cooperman relocates New York City office; and more news from across the profession.

It's imperative now more than ever that businesses understand how to efficiently manage their sustainability investments.

Plus, Client Hub launches AI-enabled email integration; and other news from the accounting technology world.

The unemployment rate ticked up one-tenth of a point to 3.9% as hiring slowed.

"I relied upon Mazars and our accounting team" for the preparation of a financial statement, Donald Trump Jr. told the judge. "That's why we have accountants."

Senate Majority Leader Chuck Schumer vowed the Senate won't vote on the House bill and instead will produce a broader emergency package without cuts to the IRS.

Officials from the Criminal Investigation division met with tax officials from four other countries to uncover tax evasion and money laundering schemes through data mining.

A recent poll of finance leaders has found that the majority of organizations now use AI in at least some of their financial reporting process.

The Top 30 Firm is expanding its presence in the New York area, the latest in a series of deals after receiving private equity funding.

The longtime leader of the National Association of State Boards of Accountancy plans to retire at the end of July.

The New York-based Top 100 Firm is also adopting an alternative practice structure.

These audits are essential to ensure that integration processes are executed correctly, risks are identified and mitigated, and controls are in place to safeguard the organization's assets and financial reporting.

Attorney General Letitia James says Uber from 2014 to 2017 improperly deducted sales tax and other fees from driver paychecks that should have been paid by passengers.

"The accountants worked on it," the eldest son of former president Donald Trump testified in a Manhattan courtroom. "That's what we paid them for."

Taxpayers will now have through Jan. 10, 2025, to fix a refund claim.

Jean Stephens, who has led the group for 17 years, plans to step down in May 2024 and become a senior advisor to the network.