The Supreme Court of the United States is expected to rule by the end of June on the latest challenge to the Affordable Care Act in the case of King v. Burwell.

Since its passage in 2010 with a number of deferred tax provisions, the Affordable Care Act has been a fertile source for new items of tax interest almost every year.

The European Commission has issued a report evaluating the use of International Financial Reporting Standards over the past decade in the European Union.

The House voted Thursday to repeal the medical device tax that was included in the Affordable Care Act.

Asia’s largest commodity trader Noble Group Ltd. took on its critics with an open letter defending its accounting methods and valuations of a coal asset.

The Centers for Medicare and Medicaid Services’ internal controls did not effectively ensure the accuracy of nearly $2.8 billion in financial assistance payments to insurance companies under the Affordable Care Act during the first four months that the payments were made, according to a new government report.

The Securities and Exchange Commission has upgraded its EDGAR online system for financial filings and will no longer support an older version of the U.S. GAAP financial reporting taxonomy.

Investors and regulators are hoping to see the Financial Accounting Standards Board and the International Accounting Standards Board somehow reconcile their differing approaches to accounting for loan impairments and credit losses in their financial instruments project.

If the Supreme Court issues a ruling later this month that financial subsidies on the federal health care exchange are legal in King v. Burwell, it would be time to shift the conversation about the Affordable Care Act and focus on substance, the secretary of the Department of Health and Human Services said Thursday.

The House introduced legislation that aims to make it easier for individuals, employers, states and the federal government to determine who is eligible for premium tax credits under the Affordable Care Act.

The Internal Revenue Service did not receive much of the information it needed early this tax season from health insurance exchanges to verify taxpayers’ qualifications to claim tax credits to subsidize buying health coverage, according to a new report.

The institute has recommended to the IRS that taxpayers making an accounting method change for mischaracterized research and experimental expenditures under Sec. 174 should compute a Sec. 481 (a) adjustment.

James Schnurr, chief accountant in charge of the Security and Exchange Commission’s Office of the Chief Accountant, said he disagrees with a former SEC chairman about abandoning convergence with International Financial Reporting Standards.

Chris Rush of ADP describes some of the latest products and services that ADP is offering for accountants, in an interview with Accounting Today editor-in-chief Dan Hood.

Chris Rush of ADP discusses the changing demographics, technology and regulation in the accounting profession and how firm leaders can deal with succession planning, recruitment, retention, cloud computing, and the Affordable Care Act, in an interview with Accounting Today editor-in-chief Dan Hood.

A trade association representing the casino industry is sounding the alarm over proposed regulations from the Internal Revenue Service that would lower the threshold for reporting winnings from slot machines, keno and bingo.

U.S. state and local governments will have to report billions of dollars in health-care liabilities on their balance sheets under an accounting change aimed at improving disclosure of retiree benefits.

A new report from Ernst & Young demonstrates how many multinational corporations are being pushed in the direction of greater transparency about their tax strategies as their reputations come under attack in the U.S. and abroad for shifting their profits to tax havens.

The Internal Revenue Service has issued a notice asking for comments on the effect of the new revenue recognition standards on taxpayers’ methods of tax accounting.

We can see a bigger picture and look further out into the future than those of you who fight your daily battles down in the trenches.