Featured News

The IRS has issued a notice requesting comments on saver's match contributions that the Treasury will pay under the SECURE 2.0 Act of 2022.

The IRS has updated the procedures for obtaining automatic consent to change accounting methods for research or experimental expenditures incurred after Dec. 31, 2021.

CPA leaders' optimism about the U.S. economy and their organizations has trended downward in a quarterly survey since hitting peaks in the second quarter of 2021.

The AICPA Professional Ethics Executive Committee (PEEC) has issued an exposure draft for public comment proposing changes to the AICPA’s Code of Conduct related to Sec. 529 plans.

This month's Beige Book report finds that economic growth is slowing down in some parts of the country, but the labor market remains stable.

A recent survey by financial software provider Medius reveals that over half (53%) of businesses in the U.S. and U.K. were targets of financial scams involving “deepfake” technology.

A new report from the National Federation of Independent Business finds that many small business owners are increasingly concerned about taxes.

The IRS said that crowdfunding distributions may be included in the gross income of the person receiving them, depending on the facts and circumstances of the distributions.

The IRS is advising taxpayers to review their tax withholding and payment strategies as summer ends to avoid unexpected tax bills next year.

U.S. consumer confidence rose to a six-month high in August as more upbeat views of the economy and inflation offset waning optimism about the labor market.