The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely on proposed regulations until they are final.

In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars ...

The AICPA named Grant Thornton partner Rahul Gupta as chairman of FinREC. Gupta succeeds Mark Crowley, a managing partner at ...

Clients seeking to buy a home are sometimes motivated by societal pressure and incorrect assumptions. Advisers can help them approach this major decision more objectively. A majority of survey ...

While raising the topic of planning with aging parents can be challenging for clients, having the conversation is sometimes necessary. This article provides suggestions about what to say and discuss.

Sunday revote came after Republican fiscal hawks initially joined Democrats to sink the bill, which includes tax provisions ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

Sunday revote came after Republican fiscal hawks initially joined Democrats to sink the bill, which includes tax provisions approved by the House Ways and Means Committee last week. The bill would ...