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The IRS failed to follow its own procedures when terminating thousands of probationary employees or consider their individual performance.

Caseware announced the appointment of a new chief revenue officer, Jason Rushforth, as well as a new chief financial officer, Chris Nagy, who will also serve as chief operating officer.

The Top 10 Firm based in Chicago plans to acquire a Boston-based strategy consulting firm that specializes in services for private equity firms.

The state with the highest CPA exam pass rate in 2024 was Nebraska at 61.9%, followed by Utah at 58.6% and Montana at 57.4%, according to a NASBA report.

AI may be the best option for solving the accounting talent crisis.

S&P Global ratings reckons money flowing from the levies will offset the impact on the U.S.'s budget position from the recent tax and spending bill.

While the EU AI Act creates new obligations regarding AI, its more stringent mandates apply only to the minority of organizations involved with high-risk use cases.

We have an impressive new list of these deductions available to taxpayers, whether or not they itemize.

The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.

Experts say there are many reasons some beneficiaries reject assets and big problems if they fail to do so correctly. Here's a guide to avoiding them.