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The Internal Revenue Service today announced three pilot programs that will test changes to existing Alternative Dispute Resolution (ADR) programs. IRS ADR programs are designed to help taxpayers resolve tax disputes earlier and more efficiently.

CFOs are navigating a variety of uncertainties this year, including economic volatility and regulatory changes, while focusing on profitable growth and technology adoption.

The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings.

The IRS expects the 2025 tax filing season, which will open Jan. 27, to build on the success of the two previous seasons, provided Congress allocates the promised funding, Commissioner Danny Werfel said Friday.

The Department of the Treasury and the Internal Revenue Service today issued proposed regulations for corporate separations and reorganizations, including reporting requirements for multi-year corporate separations.

Gallup research recently found that half of U.S. employees report that they're thriving in their lives at work and at home, but the findings shouldn't be construed as a case of the glass being half full.

The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain partnership related-party “basis shifting” transactions as transactions of interest – TOIs – subject to the rules for reportable transactions.

The Department of the Treasury and the Internal Revenue Service issued proposed regulations today addressing several SECURE 2.0 Act provisions relating to catch-up contributions, which are additional contributions under a 401(k) or similar workplace retirement plan that generally are allowed with respect to employees who are age 50 or older.

The Department of the Treasury and the Internal Revenue Service today issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401(k) and 403(b) plans to automatically enroll eligible employees beginning with the 2025 plan year.

In the near future, CFOs will be expected to reduce the cost of the finance function by leveraging technological advancements. Here are five skills that are essential for building a high-performing finance team in the digital age.

A taxpayer’s filing status generally depends on their being married or unmarried on the last day of the year – which means that a taxpayer's marital status as of December 31, 2024, determines their tax filing options for all of 2024.

OSCPA Board member Tiffany Nash learned her love of accounting in her parents' bakery business. Hear more of her thoughts about the CPA profession.

The newly signed law soon will affect the monthly checks of nearly 3 million Social Security recipients, potentially changing their retirement planning needs.

No one is busier this time of year than CPAs. What do you need to know to navigate tax filing season? Two practitioners offer tips in this article.

The Tax Cuts and Jobs Act (TCJA) primarily became effective as of Jan. 1, 2018. Numerous tax changes impacting individuals, some business provisions and the estate tax threshold under TCJA were enacted with a set expiration of Dec. 31, 2025, for budgetary reasons. That deadline is rapidly approaching.

Starting your first job in accounting can be overwhelming. This transition can be difficult for some, however one can succeed through these skills and actions.

As CPA tax professionals get ready for another tax return season, they can take stock of recent tax law changes affecting 2024 returns and their firms’ processes and procedures for completing those returns while handling client communications.

The IRS announced the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025.

Accounting and beach volleyball: both require strategy, teamwork, and precision under pressure. With a couple of scholarships from The Educational Foundation, Jessica McMillian effortlessly aces the court and her accounting career.

Maintaining a WISP is not a one-size-fits-all approach. Every firm needs to ensure they have the required safeguards in place for their size, complexity, and the nature and scope of services.