Revenue and income are also prominent fixtures in tax forms filed with the IRS, as well as in company strategies for ...

In just four months, millions of small businesses, sole traders and landlords will need to change how they track and report ...

The ruling holds that non-monetary benefits on which TDS is deducted qualify as consideration for support services. It affirms that such benefits constitute taxable supply under ...

A tax rise that would hit employees, pensioners, landlords and savers could be coming in the Budget after prime minister Keir Starmer seemed hesitant to rule out an income tax hike. Don't miss the ...

Rachel Reeves is unlikely to raise the basic rates of income tax and national insurance in order to avoid breaking a promise to protect "working people" in the budget. It comes as Sky News has ...

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...

In Rev. Proc. 2025-23, the IRS on Monday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

The New Definition of Low-Income Families Recently, Senate Bill 2 reported out of the upper chamber’s Education Committee by a vote of 9-2. What is SB2? That bill is the much-anticipated school ...

From AI and private equity to taxes and the CPA pipeline, these are the challenges the accounting profession will face now—and in the future. As opening day for tax season approaches, heralding the ...

The Financial Accounting Standards Board released an accounting standards update Monday to clarify the interim effective date of its recently issued standard on disaggregation of income statement ...

Journal Editorial Report: The week's best and worst from Allysia Finley, Bill McGurn, Joe Sternberg, and Kyle Peterson. Photo: Jeff Chiu/AP/John Marshall Mantel/Zuma Wire According to a United Nations ...