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At the Illinois CPA Society's annual summit, a deep dive into how the profession needs to revamp and revitalize its appeal to potential accountants.

The institute sent comment letters requesting changes in two forms used to report on foreign trusts, and guidance on energy credits and advanced manufacturing investment credits.

Google and Meta are facing class-action suits after revelations they had been collecting sensitive taxpayer information via online filing sites.

How many inefficient meetings do we have in which 10 people, each billing out at $100 to $400 an hour, sit around talking about things without having a clear-cut objective or next steps from the meeting?

Tax authorities worldwide are deciding how to tax non-fungible tokens. Now is the time to get clarity on this quickly evolving phenomenon.

The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.

The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.

While people seem to have concerns about the rise of generative AI and the risks it presents, people are still using it and trusting its answers.

Technology saves us a lot of time and effort — but it also requires a lot of time and effort. Are we really coming out ahead?

There are several compelling reasons why the future of finance requires organizations to strike a balance between both human and machine-driven intelligence.