We favor Americans adopting American children from foster care when feasible, but current U.S. tax law benefits domestic and foreign adoptions.

Senate Republican leaders dropped provisions that would repeal two taxes on high earners in a revised draft of their health-care bill sent to the Congressional Budget Office, according to GOP senators.

Senate Republican leaders head into a difficult fight this week to win support for their health-care legislation and tax changes after returning from a recess where some GOP lawmakers fielded angry complaints from constituents about the measure.

A federal rule aimed at limiting corporate “earnings stripping’’ for tax-avoidance purposes may pose an undue burden on taxpayers and may be changed or rescinded, according to an Internal Revenue Service notice.

The Trump administration aims to identify and remove burdensome recent regulations (slideshow).

Gathering, organizing and ensuring data consistency, particularly among disparate databases, can be challenging for organizations that are required to submit to the IRS employer reporting under the Affordable Care Act mandates.

The Treasury Department has issued a notice proposing to rescind or modify eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations.

Attempts to build an approach with broader support may risk support from moderate Republicans.

Organizations are finally starting to prepare for the new lease accounting standard that will be taking effect in 2019, but as they do they’re running into some unexpected complexities.

The American Institute of CPAs’ Financial Reporting Executive Committee has released several more working drafts of industry-specific guidance related to various implementation issues involving the revenue recognition standard and is asking for feedback on them.

A surprise ruling in an ERISA case reverses earlier courts.

Accounting standards -- and accountants -- are struggling to achieve relevance in the 21st century

Senate Republican leaders trying to break a logjam on their proposed health-care legislation are working with congressional budget officials to examine the impact of various changes they’re considering, a process that could take about two weeks, according to a GOP aide.

The financial reporting process keeps 97 percent of CFOs awake at night, according to a recent survey, with only 3 percent of the senior finance execs polled saying they don’t lose any sleep over their organization’s reporting processes or deadlines.

Donald Trump on Friday said that if Republican senators can’t strike a deal on their health bill, they should immediately repeal Obamacare and then replace it later, a reversal of the president’s earlier position.

The United States has the smallest “shadow economy” of underground trade in goods and services, compared to 28 other countries, according to a new report from the Association of Chartered Certified Accountants.

A group of more than 100 business leaders and companies are backing the recommendations of a task force on providing a voluntary framework for disclosing climate-related information in financial filings.

Members of Congress introduced bipartisan legislation to require anonymous shell companies to disclose their beneficial owners in an effort to uncover tax evasion, money laundering, terrorism financing and other crimes.

Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.

Several Senate Republicans began to question Wednesday whether their health-care bill should repeal a tax on high-income Americans imposed by Obamacare when the legislation would scale back subsidies for the poor.