The AICPA updated its digital assets practice aid to assist practitioners with newly effective FASB standards.

The final regulations, posted by the IRS on Tuesday in the Federal Register, identify certain microcaptive transactions as reportable listed transactions or transactions of interest.

Most employees don’t think their employers prioritize their well-being, creating an opportunity for companies that cultivate a culture of caring.

The U.S. Department of Labor’s recent effort to impose new requirements on financial professionals providing retirement investment advice faces doubtful prospects because of court challenges and the ...

The final regulations, which the IRS issued Friday, make several changes to the proposed regulations, including a higher dollar threshold for a basis increase in transactions of interest.

It’s worth pausing to reflect on the AICPA’s successes in advocating for the profession with Congress and the IRS during 2024.

IRS Commissioner Danny Werfel said he expects the 2025 filing season to build on the success of the two previous seasons if Congress maintains funding.

The IRS provides an enormous return on investment for taxpayers and requires sustained funding to continue to improve, the national taxpayer advocate (NTA) said Wednesday in her annual report to ...

The proposed regulations apply to catch-up contributions under a 401(k) or similar workplace retirement plan that generally are allowed for workers who have attained age 50.