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The Brazilian retailer filed for bankruptcy protection after finding billion-dollar "accounting inconsistencies" that artificially boosted profits and reduced its reported liabilities by half.

Cum-Ex siphoned off billions by taking advantage of tax laws that seemed to allow multiple investors to claim refunds of a tax on dividends that was paid only once.

The path toward embracing a new digital landscape and learning how to thrive within it, however, is not always so clear.

The licensing debate; IRIS AWOL; donating crypto; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board is asking for feedback on a new section of a proposed auditing standard that would cover group audits of less complex entities.

The bill would provide tax relief to businesses that applied for the SBA's Restaurant Revitalization Fund, but didn't receive a grant because the program ran out of money.

Using automated processes that link every department together can expand the scope of capabilities for both finance and accounting departments and the rest of the business's operations.

Tax pros who have begun working on their clients' returns are encountering a slight change in wording at the top of Form 1040.

The 2023 season just opened, but you should still plan now for next year.

Radio ads from pop-up "shops" and "mills" are looking to profit from the opportunity and confusion surrounding the Employee Retention Credit, but could cost clients.

The Biden administration is privately warning about Republican efforts to cut the Internal Revenue Service's budget.

The firm's worldwide revenues in 2022 reached $8.132 billion, increasing 15% this past year and 41.7% over the last three years.

The Big Four firm is partnering with the University of Northern Iowa to support a new hybrid learning program.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The Internal Revenue Service pledged to improve taxpayer service this year.

Over 1,200 partners and staff attended in person and the balance of the 2,100-member team did so virtually.

Italy's football federation penalized the billionaire Agnelli family's team by cutting its points standing following an investigation into accounting practices.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

There's a catch buried in the law: Projects that don't meet certain new wage and labor requirements only get a fraction of the credit.

Former President Donald Trump has dropped a long-running court fight with Congress over access to his New York state tax returns, notifying a judge late Friday in a joint filing with a House committee that the new Republican leadership "has no interest" in the documents.