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.

Mergers and acquisitions (M&A) and growth opportunities are on the rise, according to a survey of leaders at private companies and private-companies-turned-public. Nearly 90% of 600-plus leaders at ...

Research finds a significant increase in the percentage of companies leaning into finance AI, even as many struggle to develop sufficient talent to oversee execution.

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 ...

The IRS issued guidance for recipients of property from decedents on the basis-consistency requirement and for executors and others on basis-reporting requirements.

The CPA Competency-Based Experience Pathway offers an additional option for CPA candidates. Comments on the proposal are being accepted through Dec. 6.

The first proposed regulations under Sec. 139E set out the requirements for excluding Indian tribal general welfare benefits from income.

The IRS, in a fact sheet released Thursday, reminded taxpayers that crowdfunding distributions may be includible in the gross income of the person receiving them, depending on the distributions' facts ...

Editor's note: The author is a member of the Public Company Accounting Oversight Board (PCAOB). The views expressed in this article are those of the author only and do not necessarily reflect the ...

Also, an update from the Auditing Standards Board chair, principal vs. agent analysis when recognizing revenue, and the new required income tax disclosures under FASB Accounting Standards Update No.