Senate Republicans gave up on their last-ditch bid to repeal Obamacare Tuesday as opposition in their own ranks ended months of fruitless efforts to deliver on a seven-year promise, and leaders said they would turn instead to overhauling the U.S. tax system.

President Donald Trump is scheduled to meet Tuesday with a bipartisan group of House Ways and Means Committee members, the day before he heads to Indiana to unveil his tax plan.

The Internal Revenue Service needs to improve its Volunteer Income Tax Assistance to make sure it’s reaching underserved populations, according to a new report.

The Internal Revenue Service has issued its annual update describing the 2017-2018 special per diem rates that taxpayers can use to substantiate the amount of ordinary and necessary business expenses they incur while traveling away from home.

The Financial Accounting Standards Board has a proposed accounting standards update to clarify how to apply its new lease accounting standard to land easements.

Clients buy something they need or solutions to problems, not hours. Here is a situation that has actually occurred in a client’s legal matter.

Top 100 firm Rea & Associates plans to add Walthall CPAs, a Cleveland-based accounting firm, on Nov. 1, 2017.

Top figures in the field are concerned about the impact of Blockchain and artificial intelligence — but they are also still concerned about staffing shortages.

Following record results that flagged the growth of its cyber-security business, the Big Four firm revealed that it has been successfully targeted by hackers who accessed data from an internal email platform.

Changing due dates, missing info, legislative uncertainty and host of other factors are pushing more returns than ever to October.