The Senate Finance Committee ranking member introduced two bills cracking down on grantor retained annuity trusts and private ...

The Internal Revenue Service rarely penalizes taxpayers who have high balances in foreign bank accounts and fail to file the ...

The theme of this year's survey is "Caught in the Middle," exploring how caregiving responsibilities, as well as other ...

The Internal Revenue Service will need to be ready for a wave of tax return filings from procrastinating taxpayers, as well ...

From spotting anomalies to enhancing accuracy to streamlining client communication, preparers are no longer being bogged down ...

Maryland lawmakers approved a bill creating an alternative pathway to CPA licensure, and it awaits the signature of Gov. Wes Moore, after which it will go into effect on Oct. 1, 2026. Processing ...

If your clients been waiting for the merger market to fully reopen, they're not alone — and 2026 may be the year their ...

Fraudsters have been active again this tax season, but the increasing power of artificial intelligence is helping supercharge ...

The IRS's Office of Professional Responsibility warned tax preparers of endorsing or negotiating taxpayers' federal refunds.

The International Forum of Independent Audit Regulators released a report summarizing its annual survey of inspection ...

We have a quantifiable problem. It is creating a problem for some, opportunity for others, and confusion for those remaining. There is a massive value gap with an internal succession versus an ...

Something big is happening in the American retirement landscape, and small businesses are right in the middle of it.