The IRS announced that it will open a supplemental claim process to help third-party payers and their clients resolve incorrect claims for the employee retention credit. The deadline is Nov. 22.

Our expert tax report highlights the important issues that tax preparers and their clients need to address for the 2024 tax year. Stay informed and proactive with ...

Testing and grading windows for the Core sections of the CPA Exam will quadruple in 2025, providing more flexibility for test takers. And, while the Discipline sections will remain on a quarterly ...

The proposed Accounting Standards Update is intended to clarify guidance on hedge accounting and address incremental hedge accounting issues arising from the global reference rate reform initiative.

Credit losses, debt modifications, retainage and overbillings presentation, and leases are the main items on the PCC agenda.

The special per diem rates that a taxpayer uses in travel and business expenses will be higher starting Oct. 1, as provided by the IRS.

By understanding psychological influences on decision-making, CPA financial planners can work with clients more effectively and improve how they operate their practice.

An AICPA committee approved a proposed revision to Statement on Standards for Accounting and Review Services (SSARS) No. 21 addressing the applicability of the standard when preparing financial ...