Accounting

The IRS reiterated that everyone has a responsibility to confirm people’s identities before responding to such a request.

Final regulations issued by the IRS govern the awarding of costs and attorneys’ fees to taxpayers who meet certain net worth requirements and who prevail in administrative or court proceedings against the IRS.

A TIGTA investigation into the data breach first discovered last May brings the total number of taxpayers whose tax transcripts were potentially compromised to 724,000.

A PwC survey finds tiny drop in economic crime, but that might not be good news.

FASB issued its long-awaited guidance on accounting for leases. Here are some things companies may want to consider as they work to comply with the standard.

When it comes time to determine the Oscar winners, the Academy of Motion Picture Arts and Sciences needs someone who is accurate—and who can keep a secret. In short, they need CPAs.

The new examination process, which will be effective May 1, 2016, includes new procedures for refund claims while an examination is underway.

FASB issued a new standard on financial reporting for leases that is designed to bring transparency and comparability to lessee balance sheets.

A FASB standard issued in 1997 meets its objectives of simplifying computations of earnings per share and improving comparability with international standards, a review team reported.

The court held that the law does not discriminate against out-of-state retailers.