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Taxpayers who qualify for the newly expanded child tax credit will receive a letter from the IRS in the following days informing them of their eligibility, the agency announced.

Wisconsin's projected revenue will reach $4,427.4 billion by 2023, an 8.1% increase in funds, according to a new report from the Legislative Fiscal Bureau.

The SBA awarded $54.2 million in Shuttered Venue Operator Grants (SVOGs) to 50 recipients so far, the agency reported June 4.

GASB has issued new implementation guidance to clarify, explain or elaborate on certain issues, including derivative instruments, fiduciary activities, leases and nonexchange transactions.

From students and recent graduates seeking their first job or internship to early-career accountants looking to take the next step, their social media presence can help — or hurt.

The IRS will hold its annual Nationwide Tax Forum virtually over five weeks starting June 20, with a series of livestreamed webinars every Tuesday, Wednesday and Thursday.

GASB has proposed changes to its accounting and financial reporting guidance for accounting changes and error corrections that has been in effect for more than 40 years.

The IRS is keeping a closer eye on gains in cryptocurrency, and the tax risks are expanding with new reporting requirements on the horizon.

The IRS announced on May 27 that interest rates will remain the same for the calendar quarter beginning July 1, 2021.

The IRS has released a revised draft of Form 941 that incorporates payroll tax return changes of the American Rescue Plan Act (ARPA).