The Bitcoin accumulator adopted accounting standards last year that require changes in the fair value of its holdings to flow through earnings.

The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.

In its annual report outlined the progress in the work of the International Accounting Standards Board and the International Sustainability Standards Board in 2025.

A clear pattern is emerging of sectors that stand to win the most from the deductions and special preferences in the One Big Beautiful Bill Act.

A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.

Normally, election years are not very active years for tax legislation ... but there are signs this might not be a normal year.

The Internal Revenue Service issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.

The acting head of the Securities and Exchange Commission's enforcement division said he'll focus on "quality over quantity" in bringing cases.

It's unclear whether the commission plans to move auditor enforcement out of the PCAOB and into the SEC.

The Securities and Exchange Commission and the Commodity Futures Trading Commission issued an interpretation of how federal securities laws apply to crypto.

It's not too late to build your accounting firm's quality management system, and it doesn't have to be overwhelming.

The Institute of Internal Auditors is calling on Congress to "modernize" the Sarbanes-Oxley Act of 2002 by adding provisions related to internal auditing.

While Republican-led states are mostly adopting the various tax changes from the One Big Beautiful Bill Act, some states led by Democrats are refusing to go along.

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

The legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.

The IRS's changes in its instructions for claiming the new tax deduction for tips is making it more difficult for self-employed and gig economy workers.

The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.

The pilot program for the new Trump accounts will deposit $1,000 into the accounts of children born between 2025 and 2028.

The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.

Investors place strong trust in public company audits as a check on the financial statements issued by companies, but auditor independence remains a focus.