The Internal Revenue Service vastly overstated the projected costs of operating the Direct File free tax preparation program ...

CPAs dealing with the new 1099-DA rules this year are challenged by the fact that they only report gross proceeds this year, ...

A Texas judge struck down a rule requiring professionals engaged in real estate closings and settlements to report ...

The IRS issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.

The goal should not be unnecessary regulation or barriers to entry. The goal should be confidence that taxpayers are receiving reliable guidance.

The average growth rate for accounting and financial services firms has fallen from an all-time high of 13% to less than 10% ...

Many firms are in the dark about exactly what to do for their clients in the wake of the Supreme Court ruling on President ...

The Securities and Exchange Commission and the Commodity Futures Trading Commission issued an interpretation of how federal ...

Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human ...

The yearslong lawsuit involves the investors in a defunct hedge fund who sued the auditing firm for negligence, breach of ...

Moss Adams, a former Top 25 Firm that joined Baker Tilly US last year in a megamerger, has spun off its Moss Adams Wealth ...

The number of accounting-related securities class action filings plummeted 40% last year, according to a new report, but the ...