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

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.

An Alabama federal district court held that the Corporate Transparency Act is unconstitutional, stating it "exceeds the Constitution's limits on Congress' power."

Financial advisors and tax professionals say many clients get too fixated on April 15 without understanding the benefits and ease of pushing back the deadline.

KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.

A roundup of the flood of sanctions, fines and penalties issued over the past year or so by the PCAOB.

The regulatory environment around accounting is getting stricter, as the IRS, the SEC and the PCAOB crack down.

The IRS is planning to offer its free tax prep system around the clock next week and open it to a larger group of outside testers.

The Securities and Exchange Commission has scheduled a meeting on its long-awaited climate disclosure rule.

Crowe collaborates with Intuit QuickBooks; Bonadio Group raises nearly $25K through firmwide Big Give campaign; and more news from across the profession.

The Financial Accounting Foundation is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.

Microsoft is making its Copilot for Finance generative AI solution available for public testing.

A new GAO study adds more fuel to the research suggesting the agency should be probing more rich households. Tax pros say those efforts will have big implications.

Paul Pereira denied making false and misleading statements about his company's performance to boost its stock.

The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017.

Business management solutions provider Xero announced a new generative AI solution as part of a wider push to incorporate more AI into its products.

The IRS has pushed back filing and payment deadlines for those affected by the August fires.

Ernst & Young issued a major mea culpa following a failed split of the firm.

The 83 publicly disclosed accounting and auditing enforcement actions in FY 2023 represented the highest number of actions initiated since FY 2019.