News

While the IRS was able to promptly process 85% of returns in the 2022 filing season and expedite its resolution of some of the most common taxpayer errors, the Service's backlog of paper-filed returns bogged down ...

Small business owners told the Senate Finance Committee on Tuesday how the interstate reach of state and local sales taxes authorized by the Supreme Court in South Dakota v. Wayfair, Inc., 138 S. Ct. 2080 (2018), has ...

In recent years, multiple professional indemnity (PI) insurance claims have arisen from accountants giving advice in areas of practice beyond their expertise.

GASB issued guidance Monday designed to improve the accounting and financial reporting requirements for accounting changes and error corrections.