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Firms are seeking to make major technology investments this year, especially when it comes to automating tax return workflows, which was cited as a major priority...
The Internal Revenue Service and the Treasury Department issued proposed regulations for corporate separations and reorganizations, along with reporting requirements for multi-year corporate separations, and a...
The International Ethics Standards Board for Accountants plans to tackle a standard-setting project on accounting firm culture and governance in response to the findings in a...
The American Institute of CPAs updated its practice aid on accounting for and auditing digital assets in response to changes in accounting standards. The updated version...
Now may be the perfect time to start an accounting firm. With client demand growing and many baby boomer CPAs hitting retirement age, there is certainly...
AI productivity and search solutions represented the biggest growth area for technology implementations, yet the proportion of firms that actually use them remains in the minority. ...
The accounting profession is on the brink of a significant evolution, driven by technological innovation, regulatory shifts and increasing demands for transparency. Compounding these challenges is...
Donald Trump’s inauguration promises to usher in an era of upheaval in global commerce, forcing governments around the world to scramble in preparation for a tariff...
Eighteen new members have been named to the Internal Revenue Service Advisory Council. The IRS strives to appoint members who represent the public, tax pros, businesses,...
The Securities and Exchange Commission’s chief accountant, Paul Munter, announced his plans to retire from federal service, effective Jan. 24. Munter joined the agency in 2019,...
