NCCPAP wants the Treasury to have the authority to regulate tax professionals.

Senator Bernie Sanders says most people in America will have to pay more in taxes to pay for his Medicare-for-All plan. But he insists that’s a good deal — and will save people money overall by lowering health costs.

The commercial real estate industry should rejoice, according to Klatzkin & Co.’s John Blake.

The biggest tax challenge for a majority of corporate tax executives is staying up to date with all the changes associated with the 2017 Tax Cuts and Jobs Act, according to a new survey.

The package of far-reaching IRS reforms received strong bipartisan support in the House and Senate last month.

Experts share what practitioners should be paying attention to for the rest of the year.

The Internal Revenue Service has released rules with the formula that determines how much Ivy League universities and other wealthy colleges will pay under a new tax.

Some private educational institutions are now facing taxes on their investments under the Tax Cuts and Jobs Act.

The Financial Accounting Standards proposed some minor adjustments Thursday to the credit losses standard, also known as CECL because of its use of a Current Expected Credit Losses model.

Tongaat Hulett Ltd. said South African police are investigating an unnamed former executive for his role in an accounting scandal that’s forced the sugar maker to restate financials and ask for its shares to be suspended.

The case has applicability to all administrative agencies, including the IRS, and their ability to issue authoritative regulations and guidance.

The International Accounting Standards Board has some amendments to the standard after hearing complaints from insurers.

Nearly 400 companies transitioned to ASC 842 within the first six months of the effective date.

For the accountant who is filing a Form 5500 for a self-employed individual, it may be the job of the accountant to report beneficiary information.

The debate about the cap on federal deductions for state and local taxes has flipped the tables for lawmakers.

The board is looking for public companies to take part in a study focusing on potential improvements to the segment disclosure requirements.

Taxpayers wishing to participate for any calendar 2018 capital gains must act quickly.

The timeline is fluid, however, and could stretch on for months.

The House Ways and Means Committee unanimously approved a bill to allow same-sex couples who married before the Defense of Marriage Act was struck down by the Supreme Court to claim tax refunds.

Many audit teams are neglecting to implement new technologies that could reduce the time needed for SOX audit requirements.