The AICPA Peer Review Board approved changes that align with new quality management standards for firms’ accounting and auditing practices.

FASB published an Accounting Standards Update requiring public companies to disclose additional information about certain expenses in the notes to financial statements.

To access Copilot in Outlook, click on the Copilot icon located on the left side of Outlook in the apps bar, as pictured in ...

While most energy-related credits apply to businesses, individual taxpayers can claim a tax credit based on energy-efficient ...

The regulations under Sec. 6335, which had not changed substantially since they were first issued in 1954, did not reflect modern electronic methods of submitting bids and accepting payment from ...

The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts on Friday, including maximum contribution amounts for 401(k) plans and traditional and Roth ...

A U.S. Government Accountability Office report highlights a need for enforcement equity assessment and better taxpayer communication.

The losses occurred over an eight-month period ending in April, according to a report from the Treasury Inspector General for Tax Administration.

The IRS did not abuse its discretion in sustaining a taxpayer’s proposed levy for a tax liability the taxpayer had not properly challenged, the Tax Court held.

Compensating student-athletes for their name, image, and likeness does not serve an exempt purpose, the IRS again rules.

Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

The IRS’s increased enforcement efforts come at a time when claims related to late or missed filings are increasing. A docket system can help avoid these errors, but it can’t do it alone. It needs ...