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Businesses and accounting professionals with business clients here and in other states should have a plan to comply with the new tax collection environment created by the Wayfair decision.

FASB is proposing an Accounting Standards Update (ASU) intended to reduce the accounting costs and complexities related to the movement away from interbank-offered interest rates.

The U.S. Commerce Department reported Aug. 30 that U.S. consumer spending is still driving the economy, having outpaced economists’ predictions for July by surging 0.6% over June.

A recent survey indicates the majority of accountants underestimate the challenges involved in implementing the new lease accounting standards.

Last May, many accounting firms and their clients were impacted by a malware attack on cloud software provider Wolters Kluwer. Is your firm prepared for the unexpected?

The next round of real change in tax rules will be significant, either by extending TCJA or largely repealing it—depending on who wins the critical races in 2020.

The “marriage penalty”—which the TCJA attempted to eliminate—still kicks in for high-income couples earning more than $600,000 per year.

The AICPA’s new proposed standard addresses one of the biggest challenges auditors face.

While the ABLE savings program allows special-needs individuals to contribute to a savings account without jeopardizing access to government assistance, few seem to use it.

Unsolicited emails from IRS imposters have details pretending to be about the taxpayer’s refund, electronic return or tax account and link to an IRS.gov-like website.