At 27 years old, Rep. Aaron Schock of Illinois is the youngest member of Congress and the first to be born in the 1980s. Time conducted an interview with him last week, which made it abundantly clear that he is not fazed by his age. Read more on the Accounting Tomorrow
Deloitte said that their auditors will now have enhanced agentic AI capacities within Omnia, the firm's global cloud-based audit and assurance platform.
Thomson Reuters debuted two agentic AI offerings that are aimed at improving tax and advisory workflows: Ready to Advise and Ready to Review.
The IRS is giving payment and filing relief to taxpayers in the Lone Star State who were affected.
The Trump megalaw's expansion of opportunity zone credits and other investment approaches comes with caveats based on timing and taxes.
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts.
The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.
