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The IRS has released two new sets of regs and guidance on different credits.

An analysis by the Washington Post found the generative AI chatbots from both companies can give tragically wrong tax answers.

Experts believe this guidance will spur more institutions to embrace digital assets, as the rules for proper accounting are more clear-cut.

Short-term thinking by auditors may surrender strategic high ground to outside challengers.

The service-providing sector added 110,000 jobs for the month, including 5,000 in professional and business services such as accounting and tax preparation.

Rachel Fisch, recently named the general manager for Dext in North America, said the company plans to expand its footprint in this market.

The auditing giant KPMG audited the three regional banks that failed last year. New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role.

The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.

CTA unconstitutional; AI and your practice; 30 years and counting; and other highlights from our favorite tax bloggers.

As accountants, we don't get credit for having correct punctuation and spelling, but missing those things makes you look careless and not focused on the details.