Corporate executives and their accountants have long contended that the use of adjusted earnings, which ignore costs like acquisition expenses, interest payments or just about anything they find inconvenient, gives investors a better picture of companies’ performance. Under no circumstances is it manipulation, they say. But a new study suggests it just might be.

The American Institute of CPAs said it supports new legislation that would regulate tax return preparers.

The rollback of Dodd-Frank requirements may have an impact on the credit loss standard.

The Treasury Department and the Internal Revenue Service proposed regulations Friday to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying out a provision of the Tax Cuts and Jobs Act.

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

The bill, which was introduced by a Texas CPA, would also protect members and their staff.

Silicon Valley’s favorite compensation strategy — paying top employees in stock rather than cash — just got more expensive.

The IRS and the Treasury need better documentation of their roles in updating withholding tables.

Proposed regs from the IRS on Section 965 offer some clarity.

There’s always tomorrow; having class; medical marijuana; and other highlights from our favorite tax bloggers.

The Tax Cuts and Jobs Act offers accounting firms an opportunity to go beyond their traditional compliance services.

Technological advancements have driven some big changes in how most accounting practices across the world operate, and unlock accountants’ potential as advisors.

Practitioners weigh in on the pros and cons of starting a practice now.

Tuition refunds, expanded uses for 529 funds, and rollovers are highlighted.

Repatriation provisions in the TCJA are hitting companies of all sizes.

A proposed revision to the standard withholding document heralds major changes.

Walgreens, CVS and AT and T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new report.

The service is showing signs that it’s planning to issue regulations on the deductibility of expenses for estates and trusts in the wake of the new tax law.

Despite all the talk from some in Washington, D.C., Obamacare is not going away -- and neither are the responsibilities of employers to comply with the health care law.

Senators Rob Portman, R-Ohio, and Ben Cardin, D-Md., introduced bipartisan legislation Thursday to make the Internal Revenue Service more accountable to taxpayers, as well as revive the IRS’s regulation of tax preparers, as a panel of tax experts testified before their subcommittee about improving tax administration at the IRS.