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Plus, Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.

The American College of Financial Services and RISR are collaborating as a BNY Wealth report showcased the planning complexities of owner succession deals.

Mysterious ways; penalty kick; please, Mr. Postman; and other highlights of recent tax cases.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

U.S. public companies lost an average of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report.

As the nature and frequency of tax reporting changes, organizations are being promised long-term simplification, but are facing an immediate spike in complexity.

The International Ethics Standards Board for Accountants weighed in on private equity investment in accounting firms and ethical and independence concerns.

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their taxes as if they weren't married.

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs Act.

Finance teams shouldn't have to play expense police. The solution isn't more manual review — it's smarter integration and stronger ownership.