The Justice Department dropped its appeal in a case challenging a Biden-era regulation, leaving financial advisers free from new fiduciary duties for now.
The proposed regulations will deal with changes included in H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act.
The AICPA Professional Ethics Executive Committee’s revisions clarify independence requirements and will be effective June 15 ...
A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...
Nearly 50% more CPA decision-makers are optimistic about their own companies versus the U.S. economy on the whole, according ...
The IRS released initial details on Trump accounts, a new type of IRA for some children. Also, a billionaire business executive pledged $6.25 billion to provide 25 million children with a $250 ...
For accounting graduates, CAS represents a career path that blends technology, analysis, and client interaction — providing ...
The IRS published final regulations that scrap the proposed funding rule and ease compliance for M&A deals, preferred stock, and netting provisions.
The acclaimed futurist guiding the Association’s Rise2040 visioning project explains how to anticipate — and prepare for — the next 15 years.
The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...
The taxpayer’s predeceased spouse’s estate failed to timely file an estate return and did not qualify for the safe harbor in Rev. Proc. 2017-34, so its portability election was invalid, the Tax Court ...
Advances made by a taxpayer in its business of managing an arena were not bona fide debt, and the taxpayer was not entitled ...