The Latest

There's wide consensus that AI will shape the future of the profession. But there's also uncertainty about what to do next, and even more so how to get there.

License to steal; roll the Tape; Kings and Queens and cons; and other highlights of recent tax cases.

A limited federal tax credit, an above-the-line deduction for non-itemizers and restrictions on those of itemizers represent three of the biggest shifts under the new law.

Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.

The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.

The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers "unnecessary and redundant."

When people think of the public accounting profession, they often don't realize that what we do can have a monumental impact on people's lives.

Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.

The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.

Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.