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The FASB has issued a formal proposal to clarify existing guidance on GAAP related to profits interest, a form of compensation also known as carried interest.

The IRS Independent Office of Appeals is seeking public input on how best to improve access to Appeals for taxpayers who do not live near an Appeals office.

The AICPA supports a bipartisan bill that would expand eligible uses of 529 savings plans to include fees and expenses required to obtain or maintain recognized postsecondary credentials, including professional credentials and certifications.

Inflation eased slightly in April, the 10th straight month of cooling, although price gains remained historically high.

The IRS is now accepting applications for Low Income Taxpayer Clinic (LITC) matching grants from all qualified organizations through June 26.

The share of young people who struggle to cover everyday bills jumped from a year ago, while that of seniors living paycheck to paycheck leveled off, according to a report.

The PCAOB has made auditor independence the subject of a section within its audit firm inspection reports.

Accounting professionals who can wholly embrace digitalization will bring new insights, drive business performance and better adapt in a future of constant change.

The SEC adopted amendments to two rules to increase transparency in reporting required of large hedge fund advisers, private-equity fund advisers and public

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