The controversy keeps mounting over a new tax break for investing in poor U.S. communities. But investors keep piling in.

The Internal Revenue Service’s announcement last month delaying a requirement for reporting partners’ share of partnership capital offers some extra time to busy tax practitioners, but the issue still isn’t going away and may lead to some other problems.

Financial institutions are getting ready to begin complying this year with the Financial Accounting Standards Board’s new credit losses standard, which means they will need to start making disclosures about their loan portfolios.

All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL.

Home values in areas designated as “opportunity zones” appear to have been affected so little it’s “statistically indistinct from zero,” according to new research.

Affordable Care Act compliance requirements remain for 2019 tax returns.

The Internal Revenue Service issued the 2020 optional standard mileage rates that taxpayers and tax professionals can use to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Tax pros share what they and their clients think about the proposed tax on the rich.

The Securities and Exchange Commission is proposing a set of amendments to the auditor independence rules that have been in place since the early 2000s, allowing firms more leeway in determining conflicts of interest and shortening the lookback period for clients planning to go public.

Many consumer industry companies extend credit or hold significant financial assets. If yours is one of them, it’s time to gear up for the current expected credit loss (CECL) accounting standard.

The Internal Revenue Service issued final regulations last week on opportunity zone funds, but while they answer some of the questions, many other issues remain that are likely to prompt questions from tax clients.

For tax year 2018 filings, the IRS made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners.

For the first time in more than five years, the IRS released further cryptocurrency tax guidance.

As the number of taxing jurisdictions putting vaping tax laws in place continues to rise, discrepancies will become even more pronounced.

The two appropriations bills extend government funding while also dealing with several of the tax extender provisions and repealing some Obamacare taxes.

The new regs clarify what property and businesses will qualify for the tax break.

SEC charges revolved around how the insurer decided if clients were dead.

The board wants more comparability and transparency around non-GAAP measurements.

Among other things, the IRS’s proposals offer a new set of definitions.

The legislation extends a number of credits, and kills some Affordable Care Act taxes.