Republican fiscal hawks joined Democrats to sink the bill, which includes tax provisions approved by the House Ways and Means ...

The receipt of an estate tax closing letter generally indicates that the estate tax return’s IRS examination is closed. Final ...

Andrew Mintzer, CPA, a firm leader in Los Angeles, was presented with the highest honor granted by the organization.

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

The latest data from research by the International Federation of Accountants, the AICPA, and CIMA reveals that nearly ...

The AICPA endorsed 10 tax provisions recommended by the House Ways and Means Committee for the budget reconciliation bill that Congress is compiling, while urging changes to two items. The language in ...

FASB published an Accounting Standards Update that is intended to improve the requirements for identifying the accounting ...

Amendments to the Uniform Accountancy Act add a third pathway to CPA licensure: a bachelor’s degree, two years of professional experience, and passing the CPA Exam.

The Accounting Standard Update addresses share-based consideration payable to a customer in conjunction with selling goods or services.

The IRS lost 11% of its staff in the first three months of 2025, with revenue agents who conduct audits accounting for the ...