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A coalition of accounting educators and tech leaders released a generative AI governance framework as a starting point for organizations.

In a narrow holding, the Supreme Court upheld the provision, but emphasized that the ruling did not have broader implications.

When you announce the new tax season to your clients, let them know it's a new benefit you're offering.

BDO USA released its 2023 Audit Quality Report Tuesday as it added a second independent member to its Audit Quality Advisory Council.

Collecting payments is essential for business operations, but it's often not a top priority for business owners who are juggling numerous other tasks and demands daily.

The Internal Revenue Service issued an unusual public apology to the hedge fund manager for failing to protect his confidential tax data from being stolen and leaked to the media by a contractor now in prison.

Financial restatements decreased roughly 6% year over year, according to a report from Ideagen Audit Analytics.

Middle-class residents in these states pay a smaller percentage of their paychecks to taxes.

Sen. Bernie Sanders and Ed Markey are introducing legislation to impose a 95% windfall tax on the excess profits of large corporations that are overcharging for products.

The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.