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 ...

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

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

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

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

In this AICPA & CIMA ENGAGE 25 session preview, leadership coaches demystify common struggles and discuss strategies that new ...

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

This week’s episode is a mix of CPA-centric news and a Q&A with a leader in the profession. First is a summary of the House Ways and Means Committee’s tax bill, the AICPA’s reaction to some of its ...