The Latest

The mandate to pause all federal loans and grants has reverberated across the country, from tiny nonprofits to sprawling health agencies.

Accounting AI experts have been testing Chinese LLM DeepSeek on accounting questions and found it's about or almost on par with other public models.

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

TIGTA report suggests the IRS needs to do more to enable whistleblowers to report on fraud, waste and abuse, even if they've signed nondisclosure agreements.

The Internal Revenue Service made progress on its customer service and systems last year, but it's still facing challenges with processing tax returns on time.

AP-focused financial automation platform Stampli announced the release of an AI-driven procure-to-pay solution that works through dynamic conversations with the system itself.

Cloud ERP solutions provider Acumatica announced several updates and enhancements for 2025 that align with the company's new AI-first product strategy.

Senate Finance Committee chairman Mike Crapo, R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft of bipartisan legislation.

Future accountants should be as proficient in performing variance analyses and using data visualization software as they are with general ledgers.

A draft report from Deloitte raised questions about transactions by Pro-Gest and its owners, including money allegedly spent on a yacht and a winery.