The streamlined application for tax-exempt status will ask organizations to describe their mission and activities for the first time.
A new software platform developed by the AICPA and available to CPA candidates at Prometric test centers was designed to make the CPA Exam easier for candidates to navigate.
State and local government finance staffs have had to implement several new, significant GASB statements. Here are tips for handling the challenges.
The IRS finalized the rules for determining whether partnerships are eligible to elect out of the centralized audit procedures enacted in 2015, which apply to partnerships this year.
A new working draft issued by the AICPA Financial Reporting Executive Committee addresses a consideration for broker-dealers related to FASB’s new revenue recognition standard.
Companies may initially have difficulty determining the effects of the new federal tax law on their income tax reporting.
President Donald Trump signed H.R. 1, the Tax Cuts and Jobs Act legislation, thereby making it law.
The accounting profession experienced a substantial amount of change in 2017. Did you keep up with the biggest news? Take this quiz and find out.
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small.
The tax reform legislation that Congress will consider this week contains many provisions affecting individuals—and many changes from both the House and Senate bills.
The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.
The Senate voted early today in favor of the Tax Cuts and Jobs Act, H.R. 1, which the House of Representatives had approved Tuesday.
GASB issued a guide that addresses questions and answers about the new state and local government standard for other postemployment benefits.
Seventy-six percent of pet owners would make a financial sacrifice to rescue a pet from a health crisis, an AICPA survey found.
House and Senate conferees agreed to legislative language of a tax reform bill that is expected to be voted on by Congress next week.
The AICPA issued a new working draft that discusses helpful considerations for broker-dealers implementing FASB’s new revenue recognition standard.
The FASAB issued a proposal that’s designed to protect national security information from being disclosed in publicly issued financial reporting by federal agencies.
The IRS issued the standard mileage rates for business, medical and moving expenses incurred in 2018.
In anticipation of the possible elimination or reduction of the state and local income tax deduction, some are suggesting that taxpayers should prepay their 2018 state taxes in 2017. Here’s why that probably won’t work.
William Duhnke will chair the Public Company Accounting Oversight Board, and will be joined by board members J. Robert Brown, Kathleen Hamm, James Kaiser, and Duane DesParte.