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The IRS has issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations, further easing pressure on the Federal Reserve.

CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.

The WICPA has joined the AICPA and other state societies calling for a delay of the beneficial ownership information (BOI) reporting requirements set to go into effect Jan. 1.

Starting next year, employees can contribute up to $3,200 tax-free to a flexible spending account (FSA) through payroll deduction.

The AICPA Professional Ethics Executive Committee (PEEC) has released new authoritative guidance related to public interest entities.

The IRS has no plans to send a fourth round of stimulus checks, despite claims made in a series of viral social media posts.

Pessimism about the U.S. economy rose in a quarterly economic survey, fueling a slowdown in hiring even as decision-makers remain cautiously optimistic about their own companies.

The IRS is acting against scammers and promoters of the employee retention credit (ERC) by sending out more than 20,000 disallowance letters.

IRS Criminal Investigation special agents have seen an uptick in a specific type of scam that couples cryptocurrency with romance.