The AICPA urged Treasury and the IRS to provide guidance on measuring, substantiating, and reporting gambling gains and losses, saying uncertainty can cause some taxpayers to report taxable income ...

Half of CFOs and senior finance leaders believe their companies will pursue a merger or acquisition next year, according to global research by Gartner.

Binance's $6.3B crypto hack exposed gaps in custody and controls. See what CPAs can learn about hot wallets, proof of ...

The adjustments include increases in the standard deduction, income tax bracket thresholds, and the child tax credit. The ...

The IRS Office of Professional Responsibility (OPR) plans additional guidance on artificial intelligence and practitioner ...

The IRS has expanded the Tax Pro Account to allow authorized tax professionals to make certain payments on behalf of business ...

A public comment period on proposed changes to the AICPA Code of Professional Conduct will soon open after the AICPA’s ...

CPAs must understand AI’s limits, test its outputs, and keep professional skepticism firmly in human hands. Four firms share ...

National Taxpayer Advocate Erin Collins said the IRS is working on Tax Pro Account enhancements that could allow practitioners to upload signed powers of attorney electronically. Speaking at the AICPA ...

Because of the expanded excise tax on excess compensation, applicable tax-exempt organizations may need to rethink the ...