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The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

Ascend added two more CPA firms: BGW in Charlotte, North Carolina, and Tronconi Segarra & Associates in Williamsville, New York, effective July 1.

In a 99-1 vote, the Senate killed a controversial effort to prevent U.S. states from regulating artificial intelligence.

After Musk criticized the administration's tax bill, Trump threatened to withdraw government subsidies from Musk's companies and examine his immigration status.

The Senate worked through the night on the $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning.

Helping clients through tax controversy cases with the IRS means knowing which battles are winnable.

Offer in compromise mills make promises to reduce taxpayers' debt to the IRS that they know they can't keep.

Bill announced the launch of its new Supplier Payments Plus, an AR solution to help suppliers receive and process large numbers of payments from small and medium-sized businesses.

Abbott, Stringham & Lynch launched a talent hub in Hyderabad, India, called ASL Global Advisors Private Limited on June 23.

Politics are playing an outsize role in portfolio management. Here's how experts see the fixed-income sector changing under the pending One Big Beautiful Bill Act.