Commissioner Werfel encouraged Congress to keep the money coming.

The late actor's estate fell short in a five-year quest involving the distribution of a hedge fund position when his financial advisor left UBS for Merrill Lynch.

The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

New cybersecurity rules from the Securities and Exchange Commission are already prompting companies to put more emphasis on the topic in their disclosures.

Avantax's parent had sued two firms owned by its future buyer and one of its major branches prior to the agreement to go private in a billion-dollar acquisition.

The Internal Revenue Service wants to update the regulations governing the sale of a taxpayer's property taken during a levy.

The service is trying to leverage the extra funding to collect more taxes, but has spent surprisingly little so far.

The IRS's interim guidance answers many questions but leaves others unaddressed, according to tax experts.

The changes aim to make the ESG rules more relevant to a global audience.

The board is incorporating some of the commission's disclosure requirements into its Accounting Standards Codification.

Even though the effective date is less than 90 days away, most businesses are either unaware of the rules, or uncertain how to comply.

Jeffrey McConney testified that he added tens of millions of dollars a year to the former president's annual financial statements for the value of mansions that did not exist.

Along with the possible requirement to file paperwork for establishing the corporation in the new state, there may be changes in tax responsibilities.

The IRS has recently unveiled proposed regulations that shine a light on the murky world of digital asset broker definitions, the intricacies of the new Form 1099-DA, and its implementation timeline.

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

The service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.

Trump spoke out in apparent irritation after his lawyer complained he couldn't hear the testimony of the state's first witness, former Mazars USA LLP accountant Donald Bender, who often lowered his voice and mumbled answers.

The 2022 law created two new credit delivery mechanisms, allowing governments, nonprofits and other entities to take advantage of the credits.