A 25% tax credit is the latest carrot being proposed on Capitol Hill to encourage semiconductor companies to bolster U.S. production.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

Find out why the recent guidance from the SEC on how SPAC warrants are classified requires careful consideration of the specific facts and circumstances for each entity and each contract.

The justices rejected a challenge by Republican-controlled states and the Trump administration to a landmark law that provides health insurance to 20 million people.

The board released a proposed ASU with the goal of improving the guidance for lessees that are not public businesses.

Stripe Tax helps businesses automatically calculate and collect sales tax, value added tax, and goods and services tax in more than 30 countries.

The administration said no deadline has been set for talks, but House Democrats said they are ready to move ahead without Republicans.

Sen. Chuck Grassley, R-Iowa, and Ron Wyden, D-Oregon, introduced a bipartisan bill to protect tax whistleblowers.

The increasing number of hours devoted to Sarbanes-Oxley compliance, along with the COVID-19 pandemic, have accelerated the need to use technology and automation to cope, according to a new survey.

Lawmakers are trying to hash out a compromise $1.2 trillion, eight-year infrastructure spending package.

President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.

The pandemic has been going on so long that it can be hard to imagine what things will look like afterward -- but businesses need to start preparing now for their eventual emergence, according to Cynthia Romano and Kevin Clancy of CohnReznick.

Congress introduced bipartisan legislation to recognize accounting as part of the science, technology, engineering and mathematics curricula.

The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.

The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.

The topic of Employer Identification Numbers is sure to arise as accountants help clients get all of their tax to-dos in order.

Mitt Romney is helping lead lawmakers in creating a new proposal to present to the Biden administration.

Commissioner Rettig told the Senate Finance Committee that the value of the cryptocurrency market now tops $2 trillion.

Some in Washington have slammed states for what they consider kicking their own residents while they’re down — against the intent of Congress.

Barry Melancon of the AICPA and Erik Asgeirsson of CPA.com review the successes of the Paycheck Protection Program, and how accountants should be thinking about the future to guide their clients out of the pandemic.