The national taxpayer advocate’s first report to the new Congress highlighted the need for money devoted to taxpayer services and technology.

Blackstone acquires a majority investment made less than three years ago by a fellow private-equity company, the latest in a long line of recent deals involving large accounting firms.

FASB on Monday published an Accounting Standards Update (ASU) that clarifies for non-calendar-year-end entities the interim effective date of ASU No. 2024-03, Income Statement — Reporting ...