The Internal Revenue Service has issued final regulations implementing the centralized partnership regime, allowing the IRS to audit large partnerships, such as hedge funds and private equity firms, more easily.

For every merger that is consummated, at least two die at the altar.

Wolters Kluwer Tax & Accounting is partnering with an online learning provider, OpenSesame, to distribute more than 500 self-study courses from the CCH CPELink catalog to OpenLink customers.

The total amount of goodwill impairment recorded by U.S. public companies climbed 23 percent last year, reaching $35.1 billion.

Section 404(b) of the Sarbanes-Oxley Act of 2002, which requires public companies to undergo annual audits of the adequacy of their internal controls over financial reporting, appears to be supported by investors who want newly acquired companies to be audited as well, according to a new study.

The good news is that under the Tax Cuts and Jobs Act, QLI is superseded by QIP.

From tax reform to Wayfair, to a new direction for audit and the ongoing impact of technology, here are some of the developments that shaped the profession over the past 12 months.

The Treasury Inspector General for Tax Administration released a report on the results of this past filing season.

A new TIGTA report finds the agency isn’t making sure companies are eligible to claim the R&D credit or are claiming the correct amount.

The Institute of Internal Auditors is beginning to re-evaluate the “Three Lines of Defense” model that has been around for more than two decades.