The Tax Office has conducted a search warrant at a Sydney residence of a former consultancy firm employee who is alleged to have orchestrated a large-scale tax fraud.

As the Productivity Commission continues to release interim reports, CPA Australia has said SMEs need support in the evolving AI implementation space.

As the ATO continues its battle against illicit tobacco, the NSW government is introducing tough new laws to parliament to help crack down on illegal sales and possession.

A specialist recruiter has warned law firms to act now on hiring staff to meet new Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) requirements amid a shortage of skilled professionals.

The Division 296 legislation isn’t something to be laughed at, but one accounting educator decided to try to bring a little levity to the issue.

New research shows that accounting professionals are increasingly playing a hands-on role in enabling their clients’ technology ecosystems, across dozens of different tools.

Following the Productivity Commission’s sweeping tax reform proposals, business advocates are pushing for a more holistic approach to reduce the burden on larger businesses.

While there have been a lot of arguments in favour of utilising deferred tax accounting in relation to Division 296, a technical adviser has argued it should very much be a “case-by-case” decision.

Small business restructuring appointments have surged as awareness of the scheme grows, but the approval rate of SBR plans is starting to decline.

The Tax Institute is proposing 10 key tax reform ideas to the Treasury ahead of the looming Economic Reform Roundtable to emphasise the need for tax to be a “top priority”.

Artificial intelligence (AI) is no longer a futuristic concept. It is already embedded in many of the tools and systems accountants use every day. From document scanning and optical character ...