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The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.

It's not that we don't have enough petroleum in our pipelines, it's that we don't have a high enough octane to perform what we need it to do.

Amid major disruption, firm leaders still see plenty of upside in accounting.

Most magical place; Amazon warehouses; paper or plastic; and other highlights from our favorite tax bloggers.

The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.

A judge ruled the IRS can't classify micro-captive insurance as a listed transaction, but allowed classifying it as a "transaction of interest."

While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.

Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.

The firms that survive and thrive in the next 10 years won't be the ones with a great strategy alone.