Virginia-based ProSpor CPA helps professional athletes stay at the top of their game.

The IRS has expanded its enforcement efforts, including cross-checking foreign accounts reported on FBARs with information reported on tax returns.

The service is extending a transition period for an exception to the requirement for companies to pay taxes on royalties for intellectual property abroad.

Billions of dollars available — through subsidies and tax credits — to promote the production and purchase of electric vehicles.

Banks have been reclassifying their losses to avoid taking steep write-downs that could be helping them stay in business.

The Biden administration's requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in U.S. manufacturing by automakers and suppliers kick in.

The majority of the service's extra funding from the Inflation Reduction Act is currently dedicated to improving tax enforcement to collect more revenue.

The committee released a study Thursday on how to apply its widely used internal control framework to sustainability reporting.

Correct accounting, tax preparation and reporting in the cannabis industry requires proper operational setup and processes, expertise and tools.

The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

Companies that went public before the slowdown in the IPO and SPAC markets have been having trouble complying with Sarbanes-Oxley requirements.

A wide range of entities — including many small businesses — will have to report their 'beneficial ownership' starting Jan. 1, 2024.

A new law promises to increase the accessibility of government financial information.

The board issued an ASU to ease the guidance for applying the leasing standard to arrangements between entities under common control.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.

The Internal Revenue Service updated its frequently asked questions about the information return for reporting transactions involving payment cards and third-party networks.

New York Attorney General Letitia James asked a state judge to force Whitley Penn to produce documents and testimony in her lawsuit against Donald Trump.