The IRS issues guidance for calculating and claiming the credits.

The pass-through deduction should be eliminated, says Karl Smith.

FloQast, a provider of close management software, is eyeing the problems with the new revenue recognition standard, especially for privately held technology companies like itself.

Taxpayers can use the deduction up until the Tax Cuts and Jobs Act says they can't.

Bloomberg Tax has introduced a leased assets application to help organizations comply with the Financial Accounting Standards Board’s new leasing standard.

A survey commissioned by the Republican National Committee has led the party to a glum conclusion regarding President Donald Trump’s signature legislative achievement: Voters overwhelmingly believe his tax overhaul helps the wealthy instead of average Americans.

The IRS estimates alternative minimum tax filings will decrease to 1 million from 10 million as a result of the law.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, and other Republicans on his committee have sent a letter to the Internal Revenue Service asking for more detailed guidance for taxpayers about virtual currencies such as Bitcoin and Ethereum.

Auditors will be exempted from some independence requirements to help clients reconstruct records.

The institute made a number of proposals for guidance around transition tax reporting.

Bringing money back may be harder than the drafters of the TCJA expected.

The financial services exec ran the accounting regulator from 2006 to 2009.

The Securities and Exchange Commission obtained a court order against three individuals who allegedly defrauded more than 230 investors.

Many companies are finding the transition to the new accounting standards to be trickier than expected.

The software provides a suite of tools to manage land information and tax revenue management.

A bipartisan group of lawmakers in the House has introduced legislation to clarify interstate sales tax collection requirements in the wake of the Supreme Court’s decision this year in South Dakota v. Wayfair.

Twitter Inc. shares are sliding after one Wall Street bear rang the alarm on the firm’s spending, flagging “smoke and mirrors on the cost line.”

Americans are divided over whether U.S. college endowments should have to pay a new federal tax, according to a national survey on higher education.

Profs. Miller and Bahnson reprise an old column to take down an old proposal that's gained some new adherents.

Bloomberg Tax and Thomson Reuters have released their projections for a variety of tax-related items that are subject to change each year, particularly after last year’s big tax overhaul.