Taxpayers who sell their assets are subject to taxes on net earnings, or capital gains, without factoring in inflation. In ...

Agency veteran Fumino Tamaki and her staff will work with other IRS units to apply customer service best practices.

The Section 121 exclusion and the step-up in basis are well known to financial advisors and tax professionals, but their ...

Forvis and Mazars launched a global accounting network Monday with a combined $5 billion in revenue, 40,000 employees and ...

The Governmental Accounting Standards Board released a post-implementation review report Monday on its pension standards and ...

Stacie Kwaiser is setting the direction of the Top 100 Firm based on her own vision — and the collective ideas of the firm ...

Former Baker Tilly member firms in Mexico joined CliftonLarsonAllen Global to create CLA Mexico; Marcum Technology acquired ...

Charge the right fees. You can price your services however you want and have different fee structures for different clients ...

Companies retreat to less risky tax strategies when IRS budgets are robust, according to a new study. Plus, Bennett Thrasher ...

In 2022, Americans gave nearly $500 billion to charity, with 64% of the funds coming directly from individuals, according to the National Philanthropic Trust. In addition to monetary donations, ...

Consider yourself a scholar of the latest tax fraud gambits and IRS policies? In this week's Accounting Today news quiz, test your knowledge on Gen Z employees, big four AI partnerships, and more!

Big Four firm PwC announced it has made a deal with OpenAI to become the first reseller for ChatGPT Enterprise.