The Internal Revenue Service released proposed regulations that can help taxpayers, employers and insurers navigate the complex tax rules surrounding COVID-19 testing and health insurance coverage.

The Financial Accounting Standards Board issued a proposed accounting standards update that would expand the disclosures under its credit losses standard.

More companies have issued financial restatements in the second quarter of 2021 than any year since 2013, driven in part by recent SEC guidance on SPACs.

The ASU requires businesses to disclose information about some types of government assistance they receive within the notes to their financial statements.

The new act impacts cryptocurrency, the Employee Retention Credit and tax deadlines.

The service has increased the number of transcripts that tax professionals can order per client to 30, up from 10 previously.

New guidance on the temporary 100% deduction is available in Notice 2021-63.

The service’s recent move to set new requirements for claiming refunds on research tax credits is provoking an uproar among tax professionals.

Many accounting firms ended up not needing their Paycheck Protection Program funds — but that doesn't mean they should squander them.

The Financial Accounting Standards Board issued an update to simplify the discount rate guidance for lessees that aren’t public companies, including private companies, nonprofits and employee benefit plans.

A look inside the current state of the Biden administration's 'human infrastructure' bill.

The bipartisan infrastructure bill that the House passed over the weekend and sent to President Biden’s desk includes some tax-related provisions, including an early expiration of the Employee Retention Tax Credit and new rules for reporting on cryptocurrency transactions.

The foundation aims to combine the organizations by June 2022.

As Congress wrangles, advisors are struggling to figure out how to help clients.

Potential new provisions could create a seismic shift in tax.

The accounting standards update would help nonpublic companies that provide equity-classified share-based awards to executives.

The Internal Revenue Service issued guidance to assist employers who are rehiring retirees or retaining employees past retirement age as a way to find qualified workers in a tight labor market.

The top executives of a defunct cybersecurity company were charged with duping investors.

Deloitte & Touche announced a strategic alliance with audit technology provider AuditBoard in conjunction with AuditBoard’s user conference this week in Los Angeles.

Under the 2017 Tax Cuts and Jobs Act, R&E expenses paid or incurred after 2021 must be capitalized and amortized over five years (15 years if research is performed overseas).