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Scammers impersonating the IRS are texting taxpayers, leading them to believe they're going to receive an economic impact payment.

A recent survey found that a supportive, tech-forward work culture can help retain younger entrants to the accounting profession.

The Federal Reserve left its benchmark interest rate unchanged Wednesday, Jan. 29, after cutting it three times in a row last year.

The IRS has officially opened the 2025 tax filing season, accepting federal individual tax returns for the year 2024.

The IRS recently updated its fact sheet about the energy-efficient home improvement credit and the residential clean energy property credit.

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification.

The IRS has issued final regulations concerning taxes on gifts and bequests received from individuals who renounced their U.S. citizenship or residency.

FinCEN has announced that reporting companies covered by the Corporate Transparency Act's BOI reporting requirement do not have to file the reports while an injunction remains in place.

A nationwide federal court order barring enforcement of beneficial ownership information (BOI) reporting requirements remains in effect.

To secure an accounting firm’s future, leaders should reassess their strategic initiatives and understand how technology impacts every aspect of their operations.