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After decades of drawing in tens of thousands of new residents, Jersey City has suddenly found itself teetering on the financial brink.

Accounting firms have been fielding offers from a growing number of private equity investors as PE money continues to pour into the accounting sector.

If you have high-net-worth clients with capital gains, retire the old playbook for qualified opportunity zones. The program is now a recurring planning regime.

Smolin, Lupin & Co. acquired Vitolo & Associates, expanding its advisory and accounting capabilities and growing its presence in New Jersey.

As many as 100 former and current staff members at the bank were swept up in the Cum-Ex tax probe.

If things continue at this pace, it won't be surprising if CPA firms have a 40-to-one agent-to-human ratio in the near future and need a new operating model.

AI-coded apps are changing the dynamics between software vendors and accounting firms, but the market impact so far has been small.

Financial reporting and automation solutions provider Inscope announced a new release that uses agentic AI to produce a review-ready disclosure checklist.

AI has raised the bar for what counts as good service in clients' eyes, meaning the humans will need to up their game, perhaps through the use of AI.

The IRS provided an electronic way to file a protective claim for a possible tax refund related to the COVID-19 pandemic ahead of a July 10 deadline.