The AICPA and the National Association of State Boards of Accountancy are seeking comments for the next 60 days on an additional CPA pathway and changes to the practice mobility model.

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...

Calling member feedback “really important,” Mark Koziel aims to build community within the AICPA and CIMA membership bodies.

Leadership coaches and firm leaders share insights about how to get off the busy-ness treadmill and make time for high-level ...

The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.” ...

Another top 20 accounting firm has partnered with private equity. CohnReznick LLP, a U.S. leader in advisory, assurance, and tax, has announced a strategic growth investment from Apax Partners LLP.

Digital asset rewards from staking and other activities constitute income in the year of receipt, irrespective of whether the account is later frozen, the IRS Chief Counsel’s office determined.

The revisions focus on monitoring challenges and independence threats related to an account owner’s financial interest in Sec. 529 plans.

The annual list, which began in 2002, lists 12 ways scammers try to gain confidential information from tax professionals or trick taxpayers.

Finding that the organization was not operated exclusively for the promotion of social welfare, the Fifth Circuit affirmed the Tax Court’s judgment.