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The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the requirements related to subsidies.

The Top 50 Firm acquired Larson Tax Partners, expanding its presence in the Midwest and strengthening its tax practice.

Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.

Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.

Cryptocurrency disposals; cosmetic compliance; paper or plastic; and other highlights from our favorite tax bloggers.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

The IRS’s Criminal Investigation unit is leveraging the data received from financial institutions under the Bank Secrecy Act for the vast majority of probes.

Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office that recommends better oversight.

The National Association of Black Accountants and the Tennessee Society of CPAs are partnering to address the talent shortage.

Even as auditors reported their lowest overall haul of new clients in almost four years, BDO USA topped the charts with a strong number.