The portal offer a streamlined way to seek loan forgiveness, but accountants are watching for the revenue reduction scores the SBA is using to make determinations.

Fraud or improper payments accounted for more than $90 billion of the government’s emergency aid for the unemployed and small businesses.

Justice made a startling claim in a legal filing that cryptocurrencies are not in all instances property for U.S. tax purposes.

Key legislators are at odds over how high to increase levies on investment gains.

Government budgets are prepared with “wild, wild west” accounting rules.

The fitness company warned that a price cut would hurt its bottom line, and that it found a problem with the way it accounts for inventory.

The institute is asking Congress to expand the deduction to include accounting firms and other businesses excluded under the Tax Cuts and Jobs Act.

Financial analysis, reporting and controls help lay the foundation for business success.

The lack of tax information from major platforms isn’t a technological limitation. It’s a design decision.

The resolution came after a White House pressure campaign and assurances from Speaker Pelosi helped unite fractious Democrats.

The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.

After early progress in the Senate, the administration's plans now face a crucial test this week in the House.

Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.

Fintechs were almost five times more likely than traditional lenders to be involved with suspicious loans issued through the program, according to a new study.

Padgett Business Services and NCCPAP have spotted areas where the Employee Retention Credit may be hurting small businesses.

The speaker of the House had floated a potential compromise, but it was rebuffed.

Guidance is expected next week to clarify that reporting requirements won't impact many key players.

The organization says Notice 2021-49 is particularly damaging to small, family-owned businesses.

While “after-the-fact” taxes may seem easy, a lot can go wrong for you and your client.