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House Republicans have introduced a spending resolution that would slash IRS funding by around $2.8 billion, threatening taxpayer service and enforcement.

Client advisory services are proving to be a game changer in how accounting firms engage with their clients, especially when hen fused with tax advisory services.

President Donald Trump said he is considering a proposal to end capital gains taxes on home sales in a bid to boost the housing market.

The Public Company Accounting Oversight Board sanctioned Centurion ZD CPA & Co. and Chan Kam Fuk, permanently revoking the firm’s registration and permanently barring the owner.

The Securities and Exchange Commission has tapped George Botic as acting chair of the Public Company Accounting Oversight Board after Erica Williams’ departure.

Erica Williams is stepping down Tuesday as chair of the Public Company Accounting Oversight Board and spoke Monday with Accounting Today about her time at the PCAOB.

Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by the Harris Poll on behalf of the American Institute of CPAs.

Whether clients are investing in commercial buildings, launching new ventures or improving existing properties, they have fresh opportunities for accelerated deductions.

Tax compliance solutions provider Sovos announced new AI capacities, called “Sovi,” not as a standalone feature, but as an intelligent layer embedded throughout the compliance lifecycle.

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.