The Internal Revenue Service and the Treasury Department issued proposed regulations Thursday offering guidance on the Corporate Alternative Minimum Tax. The Inflation Reduction Act created the...
PricewaterhouseCoopers is laying off 1,800 employees in its U.S. firm in a sign of further retrenchment among the Big Four firms. “To remain competitive and position...
Irish Prime Minister Simon Harris said his country has “exciting opportunities” as it considers how to spend an almost €14 billion ($15.4 billion) windfall it will...
Thomson Reuters released a new auditing solution that uses AI to segment audit testing populations, identify anomalies within the set, and generate all required documentation. Called...
The nearing November elections will be determinative for tax outcomes, say observers. That’s not just due to the presidential election, according to Rochelle Hodes, Washington National...
Inflation adjustments will continue to shrink, according to Bloomberg Tax & Accounting’s 2025 Projected U.S. Tax Rates. It projects that inflation-adjusted amounts in the Tax Code...
Illinois CPA Society president and CEO Geoffrey Brown and chair Deborah Rood discussed some of the hot topics in the accounting profession during a recent ICPAS...
The debate Tuesday night between Vice President Kamala Harris and former President Donald Trump in Philadelphia included little discussion about taxes, but pointed to at least...
Stocks, real estate and alternative assets are near their all-time highs amid an election year with an uncertain tax landscape looming. Investors are calling and seeking...
Democrat Kamala Harris and Republican Donald Trump sparred through their first debate, with the former president often on the defensive over abortion rights, the January 6...