The regulations provide guidance on determining who is one of the “five highest compensated employees” under Sec. 162(m)(3)(C).

Almost three-fourths of CFOs in a Deloitte survey think the economy will improve over the next year. That sentiment, among finance leaders at companies with more than $1 billion in annual revenue, is ...

The IRS said it used feedback from tax advisers to write the proposed regulations, which include new multiyear tax reporting requirements.

The AICPA updated its digital assets practice aid to assist practitioners with newly effective FASB standards.

The final regulations, posted by the IRS on Tuesday in the Federal Register, identify certain microcaptive transactions as reportable listed transactions or transactions of interest.

Most employees don’t think their employers prioritize their well-being, creating an opportunity for companies that cultivate a culture of caring.

The U.S. Department of Labor’s recent effort to impose new requirements on financial professionals providing retirement investment advice faces doubtful prospects because of court challenges and the ...

The IRS on Friday issued proposed regulations (REG-101268-24) on catch-up contributions under a 401(k) or similar retirement plan that generally are allowed for workers who are at least 50 years old.

IRS Commissioner Danny Werfel said he expects the 2025 filing season to build on the success of the two previous seasons if Congress maintains funding.

The final regulations, which the IRS issued Friday, make several changes to the proposed regulations, including a higher dollar threshold for a basis increase in transactions of interest.