The final Accounting Standards Update, required for annual periods beginning after Dec. 15, 2023, is designed to “improve financial reporting by providing additional information about a public company ...

The IRS said the voluntary phone survey will take about 20 minutes and will cover topics including e-filing, due diligence requirements, data security, and electronic document submission.

The IRS said Tuesday that it will once again delay of the application of the Form 1099-K $600 reporting threshold. And, for 2024, it is setting the threshold at $5,000.

Intangible assets and climate-related reporting are among action items that the board, which is responsible for setting standards for federal government entities, will address in the coming years.

A CPA argues that accountants can use AI technologies such as ChatGPT to tackle the profession’s most pressing challenges.

The IRS definition of "broker" in its proposed regulations for digital asset reporting under Sec. 6045 (REG-122793-19) stretches the statutory definition "beyond the breaking point" and adds to ...

AICPA members should be aware that the AICPA has adopted revised Statements on Standards for Tax Services (SSTSs). The new standards are effective Jan. 1, 2024. The AICPA SSTSs serve as the ethical ...

The IRS issued proposed regulations (REG-112916-23) on a rule under the SECURE 2.0 Act of 2022 that disallows deductions for certain charitable conservation contributions by partnerships or S ...