The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday.

Beginning with the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return if the primary taxpayer on the ...

FASB published a proposed Accounting Standards Update (ASU) that would establish authoritative guidance on the accounting for government grants received by business entities, guidance that would serve ...

The Experience, Learn and Earn program now offers an affordable path to 150 credit hours to a larger group of accounting graduates.

According to the news release, the firm will continue to operate in an alternative practice structure: PKF O'Connor Davies LLP, a licensed CPA firm, will continue to provide attest services, and PKF O ...

The adopted rule empowers the PCAOB to withdraw the registration of firms that don’t file annual reports and don’t pay annual dues for two consecutive years.

Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth and Engagement at AICPA & CIMA, understands why accounting skills are often ranked outside the top five of key skills in informal ...

The guidance is intended to improve and clarify current guidance as opposed to fundamentally changing the nature of guidance in FASB ASC Topic 270, Interim Reporting.