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A Tax Court ruling that limited partners in an investment manager must pay Uncle Sam could cause some restructuring across the industry, an expert said.

More firms are creating alternative paths for employees who want to excel, but who don't want to "sell their soul to the firm" in order to make partner.

A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

Caseware announced that it has appointed David Marquis, a five-year Intuit veteran, as its new CEO.

Lawsuits before the Supreme Court and in lower federal courts across the country could further reduce enforcement powers at the IRS and the SEC this year.

Interest in agentic AI as the next step in the progression from generative AI has spiked in recent months along with investment from accounting firms and vendors.

The IRS has pushed back filing and payment deadlines for those affected by the wildfires to Oct. 15.