The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

If a cash-method taxpayer stakes crypto native to a proof-of-stake blockchain and receives additional units of cryptocurrency as rewards when validation occurs, does that taxpayer include the value of ...

FASB on Friday released an update that defers a portion of new accounting requirements for comprehensive income issued earlier this year. The update defers the requirement to present items that are ...

The Financial Accounting Standards Board voted Wednesday to require companies to tell the public more about the taxes they pay. Starting as early as 2025, companies' financial reports will need to ...

Tax preparers and pros: Help USA TODAY/Statista determine the winners in our second annual survey of top-rated firms, which publishes in February 2025. To take the survey, click here. As the 2024 tax ...