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Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.

Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.

Small businesses challenging the global tariffs urged the justices to affirm lower court rulings that the import levies amount to a massive tax on companies.

Top 25 Firm Armanino acquired Keystone Business Services, an Oracle NetSuite provider.

The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.

The American Institute of CPAs is continuing efforts to have accounting recognized as a Science, Technology, Engineering and Math program by the government.

Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial advisors can prepare themselves — and clients — for the changes.

Gary Shapley and Joseph Ziegler reached settlements with the IRS and the Justice Department, and their lawsuit against Biden's attorney was dismissed by a judge.

Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.

IFAC announces new advisory group chairs; TSCPA helps proclaim November as Accounting Opportunities Month in Tennessee; and more news from across the profession.

Plus, KPMG hails AI partnerships with Salesforce, Google; and other accounting technology news and updates.

Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.

Wolters Kluwer announced the launch of "Expert AI," which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit and firm management workflows.

This marks the Big Four firm's fourth layoff in three years.

The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.

A review of over 800 calls found that the overwhelming majority of phone interactions with Internal Revenue Service reps were courteous and professional.

Prosecutors agreed to dismiss the indictment against Ver, who admitted that he failed to pay all the taxes that he owed to the IRS on the sale of Bitcoin after he renounced his U.S. citizenship.