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Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the...
The Internal Revenue Service’s program for destroying sensitive paper documents needs to be improved after an inspector general’s report found its contractor was leaving many of...
Manonallard | E+ | Getty Images Many Americans are capping off the holidays with new debt balances. This season, 36% of American consumers took on holiday...
The risks accountants face multiply and morph over time, and keeping up with them — and the insurance necessary to protect your firm from them —...
Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Valerie Plesch/Bloomberg via Getty...
Today’s market for professional liability insurance is similar to markets in other industries in that it reflects the changes that the profession is undergoing. As the...
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth...
As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “What do you think will be the biggest change in accounting in...
Bloomberg via Getty Images The Internal Revenue Service has released a new revenue procedure that expands the waiver of eligibility rules for accounting method changes for...
Companies that work with auditors who have more industry experience but charge more than competitors offering “lowball” auditing fees tend to save more money in the...
