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The IRS is now accepting comments on its draft Form 1065 instructions on partner tax basis reporting.

FASB recently proposed to improve three targeted areas of its lease accounting guidance.

The IRS is reminding the nation's tax return preparers to start the upcoming 2021 filing season smoothly by renewing their PTINs before they expire Dec. 31.

The IRS added state unclaimed property distributions to its list of reasons taxpayers may self-certify after missing the 60-day deadline to roll over funds to a qualified retirement plan.

Additional sales tax revenue from out-of-state retailers will lower tax bills for the average state income taxpayer by about $137, Gov. Evers announced this week.

Offering support and encouragement to co-workers and peers working remotely can go a long way in this time of isolation and stress for many.

Gov. Evers has provided an updated accounting of federal funds invested in public health, emergency response efforts and economic stabilization in response to the COVID-19 pandemic.

The IRS has issued the maximum amount allowed to be newly made available to participants of excepted benefit HRAs for plan years beginning after Dec. 31, 2020, and before Jan. 1, 2022.

Applications are now open for the second round of We’re All In grants to help state businesses recover from the economic impact of the COVID-19 pandemic.

The AICPA is seeking additional guidance and clarity on employee retention credit (ERC) provisions of the CARES Act in a new letter to Treasury and the IRS.