With Republican control of Congress, Donald Trump will have a greater chance of success in renewing parts of his 2017 Tax Cuts and Jobs Act.

The Governmental Accounting Standards Board is focusing on advancing its digital financial reporting taxonomy.

The company failed to follow GAAP when it evaluated its less-than-truckload operations in 2019 and 2020.

He believes Republicans should be mindful of the effect of tax cuts on the growing national debt.

The SEC chair's ambitious agenda drew fierce resistance from Wall Street and the crypto industry.

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

A New York Republican congressman says that lifting the cap on state and local taxes will be crucial to getting Trump's tax overhaul through the House.

Who controls how many branches of government is having repercussions at every level.

Bush & Associates, Barton, Crowe Hussain Chaudhury, KPMG India and RSM Brazil settled sanctions for violating PCAOB reporting requirements.

For individuals, the overpayment and underpayment rate will be 7%.

The Financial Accounting Standards Board issued a proposed accounting standards update to establish authoritative guidance on the accounting for government grants received by business entities.

The guide can help companies identify and disclose material information about sustainability-related risks and opportunities that could affect their cash flow.

The move follows an accounting scandal that has wiped out billions of dollars in market value and drawn investigations by the DOJ and SEC.

If the incoming Trump administration eliminates the $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases.

House Speaker Mike Johnson said Donald Trump's plan to end income tax on tips would have to be paid for, injecting a note of caution into one of the president-elect's key campaign pledges.

The numbers are getting murkier, and the politics with a slim majority in the House and the minutiae of Senate reconciliation rules look anything but easy.

Donald Trump's re-election brings uncertainty to the tax landscape, including proposals for both numerous tax breaks and funding cuts to the IRS.

The incoming GOP majorities in the House and Senate mean Trump can enact a tax bill without making concessions to Democrats.

The invitation to comment requests input on financial key performance indicators such as EBITDA and free cash flow and how they should be treated.