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A bipartisan group has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.
March 12 -
The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.
March 12 -
The PCAOB sanctioned a former BF Borgers partner for audit failures and violating partner rotation limits, and PwC Singapore for violating rules and quality control standards.
March 12 -
Plus, agentic AI as a cybersecurity threat, and seven other tech developments and how they'll impact your clients and your firm.
March 12 -
The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital asset brokers using decentralized finance systems.
March 12 -
Most accounting tech companies pride themselves on making life easier for accountants, but why would accountants buy AI that could theoretically take their jobs?
March 12 -
Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.
March 12 -
Businesses are facing mounting regulatory requirements that fundamentally reshape tax and financial processes.
March 12 -
Familiar fears for firms; 10 reminders for the season; new blog on the block; and other highlights from our favorite tax bloggers.
March 11 -
Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report
March 11