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Vice President Kamala Harris is planning to pare back the capital gains tax increase proposed by President Joe Biden, according to a campaign official. The move,...
The Massachusetts Society of CPAs, in partnership with the Indiana Society of CPAs, the Tennessee Society of CPAs and CPA Crossings, released a report Wednesday highlighting...
The U.S. Treasury Department released a report Wednesday featuring new data on the 2023 program year of the Inflation Reduction Act’s Low-Income Communities Bonus Credit Program....
Republican nominee Donald Trump and running mate JD Vance are campaigning on a grab bag of tax cut proposals that could collectively cost as much as...
Generative artificial intelligence, or gen AI, is a type of artificial intelligence that can create content, generate insights and even simulate human-like conversations. Gen AI tools...
Since the introduction of the Inflation Reduction Act more than two years ago, the Internal Revenue Service has been hard at work putting the increased funding...
For decades, the tax process has centered around compliance. And for good reason — it’s an important and highly scrutinized output of the tax function. But...
An IRS rule proposal could give tax professionals and clients who receive assets through foreign trusts and gifts answers to technical questions they’ve been posing for...
The International Auditing and Assurance Standards Board has released the 2023-2024 edition of its “Handbook of International Quality Management, Auditing, Review, Other Assurance and Related Services...
A recent report has found that while accounting software and apps remains the dominant way small businesses record and manage transactions, there has been a material...
