A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard.

The Internal Revenue Service will provide more clarity in the near future on the Tax Cuts and Jobs Act.

Steinhoff International Holdings NV’s shares plunged to a record low after the retailer warned of impairments beyond the 6 billion euros ($7.2 billion) reported in December and said it’s facing at least five lawsuits.

A House bill to repeal the four-month-old U.S. college endowment tax has gained sponsors on both sides of the political aisle.

The American Institute of CPAs suggested more than 30 changes to the Internal Revenue Service for the Form 990, Return of Organization Exempt from Income Tax, and its instructions, some of them marked as urgent.

The 20 percent pass-through deduction could provide a major benefit for gig economy workers and the self-employed, but there are also some important caveats.

Lawyers for the hip-hop mogul don't want him to testify in a probe of a firm he did business with more than a decade ago.

Corporate America is stepping up its investment plans this year, but the main reason may come as a surprise. An improved business outlook — rather than the Trump administration’s tax cuts — is driving companies’ decisions.

This handful of changes from the Tax Cuts and Jobs Act may call for more guidance from the Treasury.

The doubling of the estate tax deduction has major ramifications for states, the fed – and taxpayers.

CFOs are hiring more tax experts and staffers to deal with the TCJA.

New Jersey Governor Phil Murphy signed legislation to let homeowners declare property taxes as charitable donations deductible on their annual Internal Revenue Service filings.

Warren Buffett has warned about the “nightmare” tied to new accounting-rule changes. Now it’s beginning.

With trillions in corporate cash expected to be deemed repatriated under the TCJA, Checkpoint has published an analysis of the act's transition tax on deferred foreign earnings.

The U.S. House chaplain who Speaker Paul Ryan tried to dismiss rescinded his resignation Thursday, and the lame-duck speaker said he’ll let the chaplain stay, seeking to head off controversy just months before a difficult midterm election for Republicans.

Tax professionals are anticipating more changes in state taxation in the aftermath of the tax reform law, according to a new survey.

Wesley Bricker said the commission is keeping an eye on a number of new developments in accounting standards and financial reports.

With the deadline looming for private companies to comply with the new revenue recognition standard, many companies are still in the assessment stage and have yet to start the actual implementation work.

In a surprise plot twist, President Donald Trump’s new tax law is delivering many of its juiciest benefits to his most vocal critics in Hollywood.

The hip-hop mogul is in hot water with Wall Street’s top regulator.