Whether someone incorporates their business now as the year comes to a close or waits until the new year can affect their company in various ways.

The Internal Revenue Service says it is processing some 400,000 claims for the Employee Retention Credit, representing about $10 billion of eligible claims.

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

If you don't report, you can't measure what was successful, and — equally as important — what wasn't.

Donald Trump vowed to boost the U.S. auto industry by making interest on car loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada as he courts Michigan.

His pledge could simplify the tax obligations for U.S. citizens who live overseas.

Proposals on the Corporate Alternative Minimum Tax and Alternative Fuel Vehicle Refueling Property Credit lead the wave of legislative and procedure changes out of the Internal Revenue Service last month.

The new rules require that certain syndicated conservation easements must be reported to the IRS.

Between sunsetting provisions, wealth tax proposals and much more, Nov. 5 will have serious consequences in tax.

The program will allow the representatives of a large business to share a mailbox to communicate with Appeals office employees.

The proposed update aims to enhance the guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

Third-party payers like payroll providers can now withdraw claims for individual clients.

Recent data has found that successful firms maintain a balance of both advisory and compliance engagements.

The guide aims to help companies that are voluntarily applying ISSB standards and help them communicate their progress to investors.

The IRS is reminding tax pros and employers that the window for voluntarily disclosing incorrect ERC claims is Nov. 22.

Rev. Proc. 2019-48 lays out the new rates for taxpayers who don't want to substantiate their actual expenses.

The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.

The former president pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.