Featured News

The IRS provided temporary relief that permits eligible taxpayers to use alternative methods to make adequate identification of digital asset units sold, disposed of, or transferred in 2025.

A new hiring survey finds six in 10 U.S. companies plan to add new positions in the first half of 2025.

Treasury and the IRS have proposed regulations to update the rules that govern practice for the IRS.

A recent report finds that the increase in audit fees will likely continue amid changes to internal control over financial reporting and inflationary pressures.

A federal appeals court on Thursday, Dec. 26, reinstated a nationwide injunction halting enforcement of beneficial ownership information (BOI) reporting requirements.

The SEC voted Wednesday, Dec. 18, to approve the Public Company Accounting Oversight Board’s 2025 budget and the related annual accounting support fee.

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven in 2025, up 3 cents from 2024.

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports.

The IRS announced the expansion of online accounts, including the tax pro account, as part of the quarterly update to its strategic operating plan.

Hours after a Monday court ruling reinstated the beneficial ownership information (BOI) reporting requirement, FinCEN extended the deadline for most reporting companies.