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The Internal Revenue Service released its annual financial information Thursday in its fiscal year 2024 Financial Report, pointing to some of its main accomplishments and challenges....
Vanguard agreed to pay $40 million to settle a potential class-action case over steep capital-gains taxes that hit thousands of investors in the firm’s target-date funds....
Aldrich, a provider of financial, wealth, tax, and business transaction strategies based in Salem, Oregon, has acquired HMA CPA, an accounting firm based in Spokane, Washington....
The International Federation of Accountants announced Jean Bouquot as its president and Taryn Rulton as deputy president. Bouquot will serve a two-year term through November 2026,...
For some clients, taking distributions from their traditional individual retirement accounts before retirement may be a bridge too far. For others, the strategy could lead them...
For an industry that’s often stereotyped as stagnant, the world of accounting is changing at unprecedented speed: accounting industry trends include headline-grabbing topics such as AI,...
The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump. Funding for the IRS...
Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey. The survey, released Wednesday by...
Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort...
Robust cash flow is king. Yet many accounts receivable teams find themselves mired in manual processes that are slow and, ultimately, costly. With the advent of...
