The Senate’s arcane budget rules threaten Democrats’ plans to increase taxes on the wealthy and corporations and invest in climate programs.

He questioned a 3.8% tax on pass-through businesses, under discussion as an offset for Medicare drug provisions.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

The service's new practice unit stresses that agents should look more closely at designers of government-owned buildings than at commercial building owners.

Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.

Focusing on the right key performance indicators enables a business to home in on the metrics that benefit it the most.

Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.

The service has posted a revenue procedure to give widows and widowers the ability to file for an extension of time on a tax exclusion until the fifth anniversary of their spouse’s death.

The Securities and Exchange Commission and other federal agencies have been keeping watch as the capital markets go through a period of volatility amid rising inflation and interest rates, looking for telltale signs of financial fraud.

The Securities and Exchange Commission is getting set to impose new rules on climate-related disclosures and how funds can be named to promote investment strategies like ESG and sustainable.

The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.

The board has postponed the expected completion date of its merger with the Value Reporting Foundation to August 1.

The ASU aims to increase the comparability of financial information across reporting entities that have investments in certain equity securities.

There’s a simple technical fix for the exam cheating that landed Ernst & Young with a $100 million fine from the SEC, but the problems go deeper.

The Financial Accounting Standards Board issued a report summarizing the feedback it received last year on the projects it should pursue in the future.

A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.

Lower courts have disagreed whether non-willful failure-to-disclose penalties are on per-account or a per-form basis.

The penalty for cheating on CPA ethics exams and misleading investigators was the largest ever levied by the commission against an accounting firm.

The Big Four firm admitted that dozens of its audit personnel cheated on the ethics portion of the exam, and that it misled regulators probing the misconduct.

The information covers forms for reported excise taxes on certain polluting chemicals and substances.