Featured News

This week, the IRS and Treasury began sending the third advance child tax credit payment to millions of American families for the month of September.

A new FASB proposal aims to clarify that a restriction on the sale of an equity security is not considered part of the unit of the account, therefore is not considered in measuring fair value.

The IRS has reported a Transcript Delivery System programming issue that affects business taxpayers who reported information related to COVID-19 employment tax relief on Form 941.

The U.S. Department of Labor’s Employee Benefits Security Administration will conduct a study looking at employee benefit plan audit quality based on 2020 filings of Form 5500.

The cost of home testing for COVID-19 is an eligible medical expense for taxpayers, the IRS says.

The SBA recently expanded its Economic Injury Disaster Loan (EIDL) program to help small businesses access financial support as COVID-19 continues to impact operations.

By delegating your heavy load of work responsibilities, you can focus your energy on things that matter most.

To create a successful client relationship, CPAs and other financial professionals need to earn the client’s trust and understand their concerns.

Treasury and the IRS have updated their guidance to employers about reporting paid sick and family leave taken in 2021.

The IRS has issued its annual update of special per diem rates for substantiating ordinary and necessary business expenses incurred while traveling away from home.