The Treasury Department on Friday released its proposal regarding tax relief on tips, one of Donald Trump’s key promises in the 2024 campaign, including new prohibitions...
In today’s accounting profession, where talent shortages and remote work have reshaped recruiting, companies in many sectors are increasingly turning to artificial intelligence to streamline hiring. From...
The Treasury Department released proposed regulations Friday on the “no tax on tips” provision of the One Big Beautiful Bill Act, outlining which types of jobs...
Reality bites; can buy you love; community mistrust; and other highlights of recent tax cases. Malden, Massachusetts: Tax preparer Yves Isidor, of Somersville, Massachusetts, has been...
Accounting software provider FloQast announced that users can now craft their own AI agents through natural language prompts, alongside several new AI-based capacities for the platform. ...
Many firms participating in outsourcing, offshoring, partnerships and beyond expect the trend to continue. “Outsourcing and global teaming is only going to become more central to...
Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065. “If you want...
Democrats in the Senate and House proposed a bill aimed at ensuring billionaires pay a “fair share” of taxes, without actually raising their tax rate under...
The Financial Accounting Standards Board posted an accounting standards update to update the guidance on accounting for internal-use software costs. The amendments in the update apply...
IFRS appoints new trustee; IPSASB announces new and returning board members; and more news from across the profession.