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Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

Storytelling has many practical applications for accountants. Here's how to SPAR with your audience.

Instead of completing 150 credit-hours, this pathway would allow candidates with a bachelor's degree to earn their CPA by demonstrating their professional and technical skills.

Plus, Gusto announces "Gus" AI; Boost launches cross-border payment solution; and other accounting tech news.

Plus, CohnReznick expands its valuation practice, Herbein adds a director of business development, and Abdo and Mercadien each announce a wave of promotions.

Gartner estimates that, by 2026, around 80% of independent software vendors will embed gen AI capabilities in enterprise applications, versus less than 1% in 2023.

Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.

The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.