Many businesses are slow-walking to implementing the revenue recognition standard, even as the effective date approaches next year.

Apple Inc. Chief Executive Officer Tim Cook said any new, lower federal tax rate on U.S. companies’ overseas earnings should be mandatory for all companies, and proceeds should be spent on upgrading U.S. infrastructure.

The Internal Revenue Service is making strides in assisting victims of tax-related identity theft more promptly and making fewer errors on cases, thanks to a more centralized approach, according to a new government report.

U.S. tax revenue is running as much as $70 billion behind estimates more than halfway through the fiscal year, leaving the government with less cash than planned and adding to pressure on Congress to raise the debt ceiling.

More than 70 ministers and high-level representatives from countries around the world signed a tax treaty to prevent base erosion and profit shifting, but not the U.S.

As digital transformation continues to make headlines, nearly all business professionals agree that advanced technologies are going to significantly change the way we live and work over the next decades.

There was a time when consulting projects came in very specific shapes and only fit into the same-shaped hole.

Thomson Reuters’ Jon Baron and other experts forecast the latest trends for CPAs at the California Accounting Show

Accounting firm combinations in Florida and Alabama lead the bill in a roundup of recent M&A activity in the profession, plus a payroll company has been acquired.

Industry observers highlight a quartet of high-level changes sweeping the profession.