The Governmental Accounting Standards Board released guidance Wednesday to create a single approach to accounting for and reporting state and local government leases.

The Electronic Tax Administration Advisory Committee is recommending ways for the Internal Revenue Service to combat tax fraud and identity theft with better cybersecurity.

Should professionals know more about how their software works the way it does?

National Taxpayer Advocate Nina Olson said in a report Wednesday the Internal Revenue Service ran a generally successful filing season this year, but it needs to assign more employees to taxpayer service instead of enforcement.

Pennsylvania accounting firms Steger Gowie & Co. and Merves Amon & Barsz plan to merge July 1 to create a combined firm known as Barsz Gowie Amon & Fultz LLC.

Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.

The tax compliance software company now offers over 550 pre-built software partnerships.

It will now solely focus on its cloud software for automating small business bookkeeping and financial workflows.

The Maine firm invited 40 New England accounting students for their third annual three-day retreat.

Senate leaders put off a vote on the Republicans’ health-care bill until after the July 4 recess amid growing opposition from GOP members to the plan drafted in secret by Majority Leader Mitch McConnell.