The bill, which provides a deadline of Jan. 1, 2026, for an estimated 32 million small businesses to file beneficial ownership information reports, comes as the BOI requirements are mired in court ...

The IRS issued the 2025 depreciation limitations for passenger vehicles, including those for which bonus depreciation is applied.

The AICPA had urged the SEC to refrain from approving the final rules, warning they would “pose significant challenges” to small and midsize firms. An AICPA statement said that the “PCAOB’s decision ...

The acting SEC chair, who voted against the rule last year, cites “changed circumstances” while calling the rule “deeply flawed.” ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The "targeted improvements" to the FASB Accounting Standards Codification are a ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.

Finance leaders struggle to determine generative AI’s costs and benefits, but there are suggestions on how to tackle the ...

Barry Melancon, who retired as CEO of AICPA & CIMA in December, will be one of four inductees into the Accounting Hall of Fame in August.

The fall semester saw a 12% increase in accounting enrollment from the previous year to the highest figure observed by the National Student Clearinghouse Research Center in four years.

IRS employees received an email Wednesday advising them that workers in “critical filing season positions” must work until mid-May.