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Employment in the private sector grew by 122,000 jobs last month, payroll giant ADP reported Wednesday, in a positive sign for the economy despite rising inflation and fears of AI displacing entry-level positions.

The administration won't move forward with the fund, a key pillar of the agreement with the IRS and Treasury Department over leaks of Trump's tax information.

The Department of Justice will still provide immunity from any probes into the president's past tax filings under a deal agreed to last month.

Wolters Kluwer announced an expanded enterprise collaboration with OpenAI to develop and release AI native solutions, with a pipeline of new AI-based features.

Competitive differentiator; non-traditional tax regimes; caught off guard; and other highlights from our favorite tax bloggers.

New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.

Ever since the AICPA released new quality management standards, firms have raced to implement them. But like a fitness tracker, the system itself is not the transformation.

U.S. officials are continuing with an agreement that bars the government from probing past tax filings from President Donald Trump and his businesses.

The Trump administration created the fund as part of a settlement resolving the president's lawsuit against the IRS over the 2019 leak of his tax information.

The procedures need fixing after the IRS approved potentially ineligible tax professionals, including some with a criminal history or uncertain citizenship.

The IRS is continuing to challenge and audit claims for the Employee Retention Credit, extending the yearslong backlogs on processing the often dubious claims.

The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.

The Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.

The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.

The fund was created as part of an agreement to resolve the president's lawsuit against the Internal Revenue Service over the past leak of his tax information.

AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.

The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.

The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.

Postponing tax integration leads to misaligned systems, expensive retrofitting projects, and a failure to optimize cash flow and reduce enterprise risk.

A judge closed the president's case after his personal attorneys withdrew his lawsuit against the IRS for leaking his tax information.