The U.S. Department of Labor’s recent effort to impose new requirements on financial professionals providing retirement investment advice faces doubtful prospects because of court challenges and the ...
The IRS on Friday issued proposed regulations (REG-101268-24) on catch-up contributions under a 401(k) or similar retirement plan that generally are allowed for workers who are at least 50 years old.
IRS Commissioner Danny Werfel said he expects the 2025 filing season to build on the success of the two previous seasons if Congress maintains funding.
The IRS issued final regulations (T.D. 10028) Friday that identify certain partnership related-party basis-shifting transactions and substantially similar transactions as transactions of interest ...
As we look back on 2024, the AICPA Tax Division's Tax Executive Committee, along with its 14 committees and technical resource panels and various task forces, had over 30 tax advocacy successes.
What's the future of fully in-office work? What's the hiring outlook for finance and accounting roles in 2025? Steve Saah, the executive director of the finance and accounting permanent placement ...
The national taxpayer advocate’s first report to the new Congress highlighted the need for money devoted to taxpayer services and technology.
Blackstone acquires a majority investment made less than three years ago by a fellow private-equity company, the latest in a long line of recent deals involving large accounting firms.