Many companies have benefited from federal government relief programs and will be subjected to single audits for the first time.

The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance.

The Financial Accounting Standards Board issued a proposed accounting standards update to give investors more information about a joint venture's financial statements.

Corporate executives will have to pay back bonuses based on mistakes in their businesses' financial reporting under a new rule from the Securities and Exchange Commission.

Private companies looking to go public will need to be ready to prepare periodic financial reports, demonstrate effective internal control over financial reporting and manage investor relations

Just $600 in gross sales is going to trigger a 1099-K for gig workers and sellers on sites like eBay and Etsy.

Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric-vehicle tax credit.

The software developer announced the release of its new Cost Basis Interchange solution for digital asset reporting and compliance.

Public companies that have to disclose bad news to regulators are likely to issue press releases announcing unrelated news to distract investors.

More than 60 tax provisions are going up, according to Rev. Proc. 2022-38.

More and more, these assets are becoming embedded in the world's financial systems.

After the midterm elections, Republicans and Democrats will be focusing on a compromise to extend tax breaks for both groups.

The three lawmakers vying to chair the powerful Ways and Means Committee — Vern Buchanan of Florida, Jason Smith of Missouri and Adrian Smith of Nebraska — embody the ideological tension within the Republican Party.

The transition period has now been extended through Jan. 10, 2024 in which taxpayers are afforded a full 45 days to perfect a R&D tax credit claim for refund.

The Treasury Department and the Internal Revenue Service issued final regulations to eliminate a so-called "family glitch" in qualifying for premium tax credits.

Bittex has been fined tens of millions of dollars over multiple failures to identify and report particular types of customers.

While many new tax provisions don't take effect until 2023, tax advisors will be expected to alert their clients to issues affecting them.

They've also tripled since the passage of Sarbanes-Oxley in 2022, according to a recent report.

The rule change would cost affected companies, independent contractors, and local governments $188.3 million, the DOL estimated.

While it's true that many companies qualify for the employee retention tax credit, there is significant concern about abuse and fraud.