A CPA's embezzlement turns out to be no excuse for trust fund recovery penalties.
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A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.
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Top 25 firm Marcum has released a new AI tool called AskMarcum.ai, which has been in development for 18 months and is already being used by its professionals.
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Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share the areas where they see the most potential for the profession.
Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.
The 25 accounting practices with the highest revenue growth in percentage terms in 2023 from Accounting Today's Top 100 and Regional Leaders list.
The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years.
Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency's future plans.