The IRS is providing penalty relief to billion-dollar corporations that haven't paid estimated taxes related to the new 15% corporate alternative tax.

Regulatory uncertainty makes it difficult for treasuries to hold digital assets.

Exploring a free filing system, encouraging taxpayers to take advantage of the EITC and issuing refunds for overpayments on unemployment are among the latest IRS policy stories.

The American Institute of CPAs sent its members to visit lawmakers on Capitol Hill to advocate for various bills.

The International Accounting Standards Board added new disclosure requirements with the goal of improving the transparency of supplier finance arrangements.

GOP legislation in the House aims to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the OECD.

Plus AuditClub Compass aims at AICPA quality control standards; FloQast releases Compliance Management tool; and other accounting tech news.

Internal auditors are in especially high demand by businesses that have faced recent public failures, according to a new study.

It's 'a wakeup call' for taxpayers to stay on top of any communication they get from the service.

The amendments give companies temporary relief from accounting for deferred taxes arising from the OECD's Pillar Two rules.

A pair of lawmakers proposed to raise the required threshold for reporting on gig payment transactions from $600 to $10,000.

The IRS is taking feedback as it moves toward policies on how to handle nonfungible tokens.

The board has been receiving comments as it works to impose the first rules ever for how companies should report on their cryptocurrency holdings.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

Illustrative guidance would help determine whether the extra money companies hand out to execs should be accounted for as share-based payments.

The Institute of Internal Auditors recommended all cryptocurrency exchanges operating in the U.S. should possess an independent internal audit function.

A study found that when a company has bad news, it issues unrelated press releases on the same day it files with the SEC.

The case revolves around whether the service had the right to demand an investor's account info without letting him know.

Commissioner Werfel defended the IRS's budget before Congress after House Republicans passed a bill that would eliminate much of its extra funding.