Depend on nothing; love, law and the slammer; financial whizzes; and other highlights of recent tax cases.

The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.

Learning to use the Federal Reserve's new payment system can be a competitive advantage for firms.

The 2022 law created two new credit delivery mechanisms, allowing governments, nonprofits and other entities to take advantage of the credits.

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

The worst five states for tax preparer scams averaged more than 32 million reported scams in 2023.

The 'beneficial ownership' disclosure requirements are a challenge for both small businesses and accountants.

Firms need to develop new retention strategies, pairing automation with the changing role of the accountant.

Nearly half the leaders of corporate tax departments believe they're severely under-resourced when it comes to technology and hiring, according to a recent survey.

Over 40 technology leaders discussed their recent accomplishments and plans for the future, and nearly all of them involved AI in some form, mostly for insights and workflow automation.

Affected individuals and businesses now have until Feb. 15 next year to file various federal tax returns and make tax payments.

For accounting firms to scale, they need to build a stronger infrastructure of professional HR, marketing, IT and other support systems, explains Rachel Anevski.

While each firm has one managing partner, each partner plays a role in managing part of that practice.

The chief of CLA shares the importance of empathy, authenticity and drive.

When inflation is high, industry professionals turn to inflation accounting strategies to increase accuracy in financial analysis and reporting.

The sooner you take an active approach to artificial intelligence, the less overwhelmed you'll feel about it.

No Relief; fakin' it; consider it reconciled; and other highlights of recent tax cases.

Cybersecurity and human capital rank as the top risks among internal auditors around the world, according to a new survey.

The document aims to help auditors and accountants set up a quality management system at their firms ahead of a 2025 deadline.

Leading practitioners and accounting technology experts share their favorite tools for work and life.