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The IRS and its Security Summit partners on Monday, July 3, warned of a new refund scam that involves the delivery of cardboard envelopes to taxpayers.

The Federal Reserve appears likely to raise its key interest rate next week, with minutes from the central bank’s most recent meeting showing some officials wanted to raise rates last month.

Small- and medium-sized businesses are looking to invest more in their suite of technology solutions this year than they were in 2022, a new study finds.

Until the IRS issues further guidance, the agency says taxpayers are not required to report or pay the new Sec. 4501 1% excise tax on the value of corporate share repurchases.

The AICPA has expressed support for plans to alter the due dates for estimated tax payments, stressing the need to tie payment due dates to the normal quarter date.

FASB is seeking comments on a proposed Accounting Standards Update intended to improve accounting for purchased financial assets.

The AICPA is encouraging Treasury and the IRS to issue guidance on specific issues to assist taxpayers in properly reporting transactions with virtual currency.

Scammers are using artificial intelligence (AI) tools to craft well-written emails, according to a new cybersecurity report.

Wisconsin lawmakers recently scrapped one of the oldest taxes in the state’s history: the tax on personal property.

A new interactive tool helps practitioners who perform accounting services for their clients determine whether they should comply with AR-C Section 70.