Workers generally may claim the overtime pay deduction only for amounts reported on Form W-2, Wage and Tax Statement, beginning in tax year 2026, according to updated IRS FAQs. The IRS also clarified ...

The IRS on Wednesday issued Notice 2026-49, which contains sample forms and proposed rollover procedures to simplify and standardize rollovers between retirement plans and individual retirement ...

Treasury said a final rule will permanently end beneficial ownership information reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act.

The AICPA’s Professional Ethics Executive Committee will revisit in October proposed revisions to the AICPA Code of ...

Proposed regulations (REG-101355-26) that the IRS estimates would affect millions of children, families, and employers clarify that the $2,500 annual limit on tax-free employer contributions to Trump ...

The IRS said fraudsters are mailing letters that direct digital asset holders to a bogus “Digital Asset Compliance Portal” ...

Actively recruiting accounting students on campus is still the best way to build a talent pipeline in an increasingly competitive environment. To better connect with the best students and attract them ...

A divorced spouse may qualify for benefits based on their ex’s work record. A surviving spouse may qualify before age 62. And some families may be eligible for benefits related to their children.

About 10 years ago, as Nicole Davis, CPA, ordered dinner online, the status updates for her thin-crust pepperoni pizza made her wonder: Would something similar solve the vexing problem of seemingly ...