The confusion over pending Employee Retention Credit claims is bad. The situation for disallowed claims is much worse.

Wrong arm of the law; it all comes out in the wash; human nature and other highlights of recent tax cases. The IRS issued ...

Senate Financial Committee leaders introduced bipartisan legislation with changes to IRS procedures and administration, and ...

The Institute submitted a letter in response to the Department of Education's plan to exclude accounting from its definition ...

The Public Company Accounting Oversight Board and the Securities and Exchange Commission curtailed enforcement actions ...

For accounting firms, the evolution in cyber threats is more than a wake-up call, it's a risk to client trust, compliance ...

In the span of a year, generative AI has moved from a curiosity to a daily conversation in tax and accounting.

Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office ...

The IRS's Criminal Investigation unit is leveraging the data received from financial institutions under the Bank Secrecy Act ...

Lawmakers in Congress have their eyes on several pieces of tax-related legislation that may or may not get passed this year, ...

When employees receive their P units, they have no value, Badey explained, "and as the organization grows in value, you grow ...

The Top 50 Firm acquired Larson Tax Partners, expanding its presence in the Midwest and strengthening its tax practice.