FASB on Tuesday published an Accounting Standards Update (ASU) aimed at improving the financial accounting for and disclosure of activities related to environmental credits and environmental credit ...

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.

AI hype is easy to find, whether it’s worries about software agents replacing accountants or hopes for a super-powered finance function with unprecedented predictive abilities. But what isn’t so ...

The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.

The terms of the new, time-limited settlement opportunity include the type and amount of deduction that eligible taxpayers ...

Taxpayers and practitioners are unsure whether the CP53E notices they have received are scams or simply sent in error, a ...

Most global finance leaders in a new survey report that artificial intelligence is improving decision-making and forecast ...

Once a niche corner of the accounting world, an AICPA System and Organization Controls (SOC) report has become a badge of trust. But as SOC technology vendors flood the market with promises of faster, ...

The long-standing requirement that public companies file a quarterly report with the SEC could give way to the option of ...