The IRS on Wednesday issued final regulations ( T.D. 10034) that remove the associated property rule and similar rules from regulations under Sec. 263A (f) regarding interest capitalization ...

The Eighth Circuit held that a taxpayer’s spouse lacked a present property interest in the taxpayer’s home, so she was not ...

Artificial intelligence is producing scary good cyberattacks, but CPAs can take steps to lower their risk of being a victim.

Accounting records are a tantalizing target for hackers. Learn about the risks, response strategies, and best practices to ...

When you can read a room effectively, you not only become a better communicator — you become a more persuasive leader. The ...

Business intelligence and analytics tools are no longer optional to deliver real-time insights and support agile business ...

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The IRS was not entitled to a presumption of proper mailing for a notice with an erroneous address that it contended the taxpayer nonetheless received timely, the Tax Court held.

Application of the public policy doctrine is not limited to where a criminally convicted person directly pays a fine or penalty, the Tax Court held.

The proposed regulations were withdrawn in response to comments that criticized the proposed guidance, according to the IRS.

In response to “the broad and evolving application of the definition of a derivative,” FASB issued an Accounting Standards ...

The IRS would use money from the Inflation Reduction Act to keep the agency’s over 74,000 employees working for the first five days of a potential government shutdown.