Michael Cohn

Relief comes as a result of the short notice firms were originally given to comply with the Secure Act, the agency says.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

The agency processed more of every major type of form during FY 2018 than during the prior year, with the exception of estate tax returns.

The IBD's advisors can expect new technology and product offerings, says David Knoch.

The Treasury and IRS are lowering the withholding underpayment threshold to 80%.

Advisors take note: DAFs remain the fastest-growing charitable giving vehicle.

The program will give CPAs a new way to gain the institute's PFS credential — as well as provide other educational opportunities for non-CPAs.

There are three top specialties that survey takers said they want when choosing a new financial planner, with one clear winner.

CPAs and enrolled agents who added planning services generated an average of $1.7 million in incremental revenue over five years, a survey shows.

LifeYield makes it proprietary Taxficient Score available to individual advisors.

The agency has reprogrammed its systems to process three benefits most likely to be claimed on returns this season.

The 110-year-old wealth management firm intends to expand its tax-planning services through more acquisitions.

What some clients tried to claim on their tax returns shows they often don't know much about accounting.

Contributions and grants have recently reached record highs.

Taxpayers face a penalty known as an individual shared responsibility payment if they do not comply, IRS says.

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.

It is a sensitive topic, especially for partners who have earned their appellation on the letterhead.

Eligible taxpayers can now qualify for a waiver of the 60-day time limit and avoid possible taxes and penalties on early distributions, if they meet certain requirements.