The revised Form 6765 could help both the IRS and taxpayers avoid lengthy audits involving faulty claims.

The service is asking for comments from business taxpayers and their advisors about ways to improve and expand its programs for resolving tax issues upfront.

Some worry the proposed regulations could make it more difficult for small and midsized businesses to obtain coverage in case of disaster.

IRS data and changes to collection operations over the past four years show 10 clear effects.

Future of contactless prep; reverse convenience; importance of the invoice; and other highlights from our favorite tax bloggers.

Despite over two decades of experience, complying with the Sarbanes-Oxley Act of 2002 doesn't seem to be getting any easier for audit and finance leaders.

Notice 2023-64 offers guidance on the 15% levy on large businesses — and waives some penalties.

High-quality access logs and data access auditing capabilities bring much of the reporting information companies need to get their arms around a data breach.

Your OZ clients' working capital safe harbor business plans need to be updated by Sept. 8, 2023.

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like bitcoin held by companies.

The trend toward digitization of government data has been affirmed as a priority by the passage of recent legislation.

A group of financial industry trade associations sued over the rule, which would require more disclosures of fees and expenses, and annual audited financial statements.

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

The Internal Revenue Service issued guidance on how taxpayers should report the special tax payments, refunds and rebates they received from states in recent years as a form of relief during the pandemic.

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

A new survey suggests small businesses see the economy — and the tax service — improving.

While companies are working in overdrive to fill accounting positions, they are finding themselves up against a confluence of factors.

The IRS and the Treasury issued guidance on some of the requirements for claiming credits under the Inflation Reduction Act.

For overpayments and underpayments, the rate will be 8% per year.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.