Charles Rettig, a tax lawyer who is Donald Trump’s pick to lead the IRS, told lawmakers Thursday he’d never represented a client who has been under a continuous agency audit for a decade, as is the case with the president, and that he doesn’t know any details of the review.

The service has set a five-year strategic plan and goals

Eight ways accountants can start embracing the future right now.

The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.

Rainmaking can be fun if you follow a process designed to improve your batting average.

The New York State Society of CPAs has elected Jan Herringer, a partner at BDO USA LLP, as president, effective June 1.

Rising profits and increased disruption increased the use of consultants in Canada’s financial services sector, with much of the revenue going to the Big Four accounting firms, according to a new report.

Organizations are emphasizing hiring of technology employees in accounting and finance.

The Supreme Court’s sales tax decision creates complications for states and businesses alike, experts say.

Senate Minority Leader Charles Schumer, D-N.Y., is urging the Internal Revenue Service to back down on threats to challenge New York State’s efforts to allow taxpayers to circumvent the limits on state and local tax deductions in the federal tax overhaul.