Mark Friedlich

AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.

Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row.

For retirement-age clients relocating to the Sun Belt, the savings they are counting on may not exist. Have a conversation before they sign the moving contract.

The IRS announced a streamlined way for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance.

The Justice Department's order delivers meaningful tax relief to the medical cannabis industry and signals a serious federal effort to align with state laws.

Artificial intelligence is rewriting the rulebook for how accountants approach tax services

The documents your clients are already gathering for their returns are the same documents an estate planner needs to build or update a comprehensive plan.

The confusion over pending Employee Retention Credit claims is bad. The situation for disallowed claims is much worse.

Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.

As tax professionals, we need to figure out which version of reality is going to show up on tax season opening day.

Right now, cannabis businesses operating legally under state law still can't deduct basic costs like rent, salaries or marketing.

Tax work has always required patience, judgment and a steady hand. What is different today is the speed of change and the pressure that comes with it.

Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.

The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and costs to businesses and households.

The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

Emerging technologies are revolutionizing the group audit process with solutions to navigate the complexities and enhance audit quality.

Understanding these updates is critical in guiding the tens of millions of LLCs, closely held businesses, and other small-business clients through the complexities of beneficial ownership compliance.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.