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AI may be the best option for solving the accounting talent crisis. The accounting field is facing a multiyear, worsening talent shortage, with 87% of accounting...
While the EU AI Act—which officially went into force about a year ago—creates a number of new obligations regarding AI, its more stringent mandates apply only...
S&P Global Ratings said revenues from Donald Trump’s tariffs will help soften the blow to the U.S.’s fiscal health from the president’s tax cuts, enabling it...
Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an...
The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets....
The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers. An IRS official who...
The U.S. Department of the Treasury issued a request for comment, required by the Guiding and Establishing National Innovation for US Stablecoins Act.
FMS, a financial management services provider based in Fort Lauderdale, Florida, has acquired AMP Services LLC, an accounting firm in Seattle, Washington, and Merchants Accounting Services,...
Illinois Gov. JB Pritzker signed a bill into law that adds two additional pathways to CPA licensure on Friday. House Bill 2459 amends the Illinois Public...
Vestas Wind Systems A/S shares jumped on Monday after guidance issued by U.S. government agencies brought much-anticipated clarity to the rules on how clean energy projects...
