Connect with us
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...
One in four accounting professionals want to see more diversity, equity and inclusion activity in the profession. Twenty-five percent of accounting professionals want to increase to...
The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022. Last year, the IRS...
The Internal Revenue Service has changed the rules under Sec. 446 of the Internal Revenue Code and Section .446-1(e) of the Income Tax Regulations for obtaining...
Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January...
Large language models like ChatGPT have traditionally had trouble reading and interacting with spreadsheets, limiting their application in this realm, but recent research from Microsoft claims...
