Organization Root Tag

Two recent cases show how a lack of rigorous oversight and real consequences is impacting the profession.

The firm employs about 7,700 people in Canada and had already cut about 2% of its workforce in the country at the end of last year.

The U.S. government recorded a higher surplus for the month of April thanks to a rise in tax receipts, while steeper debt-servicing costs impose a major drag.

Eide Bailly admits 24 partners; MGI Worldwide adds new member firm; and more news from across the profession.

The extent of how many taxpayers were affected by the breach was unknown until now.

A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.

The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.

The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.

Overall, a better experience, but there were still some bumps on the road to April 18.

The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.

The cost of extending the 2017 tax cuts for households, small businesses and the estates of wealthy individuals enacted under President Donald Trump has expanded, according to new estimates from Congress's fiscal scorekeeper.

The SEC's guidance is a part of a much broader movement as the U.S. strives to catch up with Europe.

The Public Company Accounting Oversight Board sanctioned three auditors from Florida's Liggett & Webb.

Rescheduling cannabis; the outsourcing question; medical deductions in retirement communities; and other highlights from our favorite tax bloggers.

For CPAs who aspire to practice in Tax Court, the ability to review a case that has been litigated by a fellow CPA is a useful educational tool.

The company appointed Semple, Marchal & Cooper after the permanent suspension of its former auditor.

It's crucial to understand the impact businesses have on the environment — and accounting for carbon emissions is a fundamental step.

Wolters Kluwer's tax, accounting and audit research solution now has generative AI capacities.

The service is falling short in helping underserved populations in Mississippi, according to a new report.

The board released a report highlighting special auditing considerations in the commercial real estate market.