National tax offices were flooded with more than 500 inquiries a day from their field offices after the 2017 tax law, and a confused response cost some accounting firms clients. What lessons can be learned?

Lawmakers remain divided on the size and scope of the fast-track budget reconciliation bill intended to include a raft of social spending and tax increases.

The Internal Revenue Service posted new rules Friday for multiemployer qualified retirement plans that have run into funding problems and need extra financial help from the Pension Benefit Guaranty Corporation.

The group formed by SASB and the IIRC is developing ESG standards as financial regulators press for improved reporting.

The IRS needs to clarify that service firms qualify for the credits, writes Julio Gonzalez.

The recent leasing rules from the Financial Accounting Standards Board and the Governmental Accounting Standards Board are turning out to be harder to follow than many organizations expected.

The IRS won’t treat cash-for-vacation donations as compensation.

Congress introduced bipartisan legislation aimed at changing the estimated tax payment deadlines to a uniform, quarterly schedule.

A pair of lawmakers introduced bipartisan legislation to regulate tax preparers in the latest effort to ferret out unqualified preparers.

Because each state’s requirements vary, nonprofits and their accounting firms are tasked with navigating a complex regulatory landscape.

Financial-services companies are set to be exempt from a global plan to make multinational firms pay more tax to the countries where they operate, in a win for U.K. Chancellor of the Exchequer Rishi Sunak.

The early draft instructions respond to comments the IRS received from last summer's draft instructions.

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

The House introduced bipartisan legislation Tuesday to provide tax deductions for timber growers to recover from the loss of forests.

Taxpayers won't be able to recover previously paid Medicare taxes and NIIT.

The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.

Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said.

A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit.

Congress reintroduced legislation to prevent abuses of a tax break that’s supposed to protect public lands, but is often used as a tax shelter.

The $579 billion infrastructure deal is a win, yet the bipartisan plan faces hurdles in Congress that reflect challenges to the president's broader economic agenda.