The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars ...

Sunday revote came after Republican fiscal hawks initially joined Democrats to sink the bill, which includes tax provisions ...

The AICPA named Grant Thornton partner Rahul Gupta as chairman of FinREC. Gupta succeeds Mark Crowley, a managing partner at ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.

The Accounting Standards Update addresses share-based consideration payable to a customer in conjunction with selling goods ...

One item is a “longstanding priority for the AICPA and the tax profession,” a news release said. The AICPA cited the ...

The receipt of an estate tax closing letter generally indicates that the estate tax return’s IRS examination is closed. Final ...

Andrew Mintzer, CPA, a firm leader in Los Angeles, was presented with the highest honor granted by the organization.

The latest data from research by the International Federation of Accountants, the AICPA, and CIMA reveals that nearly ...

FASB published an Accounting Standards Update that is intended to improve the requirements for identifying the accounting ...