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Revenue Procedure 2024-34 expands the waiver of the eligibility rules to accounting method changes.

The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022.

Tax professionals are calling for changes to the proposal, even though they welcome clarifications they have been waiting on for decades.

Twenty-five percent of accountants want to increase their roles in implementing diversity, equity and inclusion initiatives, a new study says.

Microsoft researchers believe they have found a way to overcome the traditional challenges generative AI large language models have had with using spreadsheets.

Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.

The International Auditing and Assurance Standards Board 2023-2024 Handbook includes ISA 600 and ISA for LCE.

Welcome to the era of e-commerce accounting, where digital transactions are overtaking traditional sales.

For too long, tax departments have longed to improve their workpapers process, but they lack the time, resources or expertise to do so.

This combination of trusts, credits and other tax strategies are great ways help wealthy clients protect their families and their businesses.