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In a letter to Treasury’s Financial Crimes Enforcement Network, the AICPA and others call for a one-year extension of the beneficial ownership information (BOI) reporting deadline.

The IRS has increased staffing at its Taxpayer Assistance Centers by 31% during fiscal 2023, thanks to funding from the Inflation Reduction Act.

The Federal Reserve held interest rates steady on Wednesday, Nov. 1, but left the door open to a further increase in borrowing costs.

The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for October 2023.

The IRS will allow the use of electronic signatures on certain tax forms indefinitely, the agency announced earlier this month.

The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending.

The 2024 preparer tax identification number (PTIN) renewal period for the nation’s nearly 800,000 active federal tax return preparers is now underway.

New loan rules from the Small Business Administration (SBA) are expanding credit access to more companies, but experts warn that it could lead some borrowers to take on too much debt.

The AICPA and its Private Companies Practice Section have released the results of its 2023 MAP Survey for accounting firms.

Amid the tragic crises and natural disasters happening around the globe, the IRS is warning taxpayers to be wary of criminals soliciting donations and falsely posing as legitimate charities.