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The payment solutions company is allowing a finer degree of control over workflows and spending.

The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

The Institute of Management Accountants introduced two new education programs for sustainable business practices and diversity, equity and inclusion.

We have rigid and uniform procedures for almost every step of the tax preparation process.

Private foundations are using donor-advised funds to sidestep federal laws designed to make sure the wealthy donate money to the needy in a timely fashion, not defer the gifts for generations.

Kardashian was paid $250,000 to post on her Instagram account about EMAX tokens, a crypto asset offered by EthereumMax.

The desire to use free cash to buy back shares appears to be stronger than any deterrent created by the tax.

The accounting profession responds

That makes the trusted role of the profession even more important than ever, according to the AICPA's Barry Melancon.

Chicago-based Top 10 firm Grant Thornton found that finance leaders, who were already concerned about inflation, grew even more pessimistic about the road ahead. 

As part of the AICPA Fellowship for Minority Doctoral Students, the AICPA Foundation offered 23 minority doctoral students a $12,000 fellowship. 

The Internal Revenue Service issued its annual notice providing rates for taxpayers to use in substantiating the amount of ordinary and necessary expenses they've incurred while away from home.

The Internal Revenue Service added new information to its FAQ page on the tax rules surrounding the use of coronavirus funds for mortgage insurance and home purchases.

Deloitte and the University of Maryland's Robert H. Smith School of Business have collaborated to debut the Deloitte Initiative for AI and Learning, an AI research initiative set to improve educational and advancement opportunities for students and faculty. 

The service is giving companies and tax professionals another year to fix up their claims for the research and development tax credit.

The Treasury Inspector General for Tax Administration said the IRS implemented several cloud services without having a fully implemented security control infrastructure in place.