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The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.

The Institute of Management Accountants held its annual conference this week in San Antonio, Texas, where it discussed ways to attract more people to join the profession.

CFOs remain divided on the prospects for the economy and continue to see risks from inflation, cybersecurity, generative AI and talent shortages, according to a new survey from Deloitte.

The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.

For tax pros, the IRS is also hosting recruiting events at its Nationwide Tax Forums.

If you have clients with employees in more than one state, they must pay attention to the payroll-related rules and tax responsibilities in the states where those staff live and work.

Plus, FICPA presents Women to Watch Awards; Baker Tilly expands enterprise risk management practice; and more news from across the profession.

Plus, Bill360 solution offers AR automation; Certa announces gen AI capacities, new ESG module; and other accounting tech news.

Extreme and outlandish; General nonsense; tat's all, folks; and other highlights of recent tax cases.

The Public Company Accounting Oversight Board's amendments will make it easier to hold auditors accountable for violations, among other things.