The Latest

Next year, the IRS will retire its FIRE e-filing system and intro its new IRIS system. Tax practitioners need to make sure their vendors are ready for the changeover.

Cryptocurrency disposals; cosmetic compliance; paper or plastic; and other highlights from our favorite tax bloggers.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

The IRS's Criminal Investigation unit is leveraging the data received from financial institutions under the Bank Secrecy Act for the vast majority of probes.

Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office that recommends better oversight.

The National Association of Black Accountants and the Tennessee Society of CPAs are partnering to address the talent shortage.

The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI.

A key advantage to partnering with a wealth management firm is gaining a complete view of each client's financial picture.

A number of different factors — technological, conceptual, organizational — have been stymieing efforts to successfully implement artificial intelligence.

Thomson Reuters is developing its own AI foundation model, trained on TR's own content stores as well as a collection of PhD-level researchers and other academics.