The Latest

KPMG research has found gen AI has a 3-17% EBITDA impact, but this is no reason to replace human accountants.

The Internal Revenue Service and its partners in the public and private sectors are planning to highlight the importance of cybersecurity next week.

The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit through Jan. 10, 2026.

The Governmental Accounting Standards Board issued an exposure draft on how to account for transactions that occur after the date of the financial statements.

The Financial Accounting Standards Board released a post-implementation review of its rev rec standard a decade after its implementation.

The layoffs span the accounting firm's advisory, tax and audit businesses.

Avoiding fund distributions or using offsetting losses in any month can deliver big savings on payments to Uncle Sam at the end of the year, experts say.

California Governor Gavin Newsom is promising to step in with a state electric-car tax credit if Trump repeals a federal subsidy after he takes office.

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts, many of which are set to expire at the end of 2025.

What would happen if CPAs offered clients a list of suggested services for a fixed fee?