Organization Root Tag

Sue Coffey and Lexy Kessler share what's being done in the short term and the long term to address the profession's shortage of new accountants.

Financial restatements, which have generally been on a downward trend since 2003, spiked in 2021.

The service is conducting a random survey of practitioners Nov. 27-Jan. 19.

Baker Tilly is using artificial intelligence to enhance efficiency, making it an invaluable tool to empower its professionals and accelerate their work.

Bumping the 1099-Ks; nonsensical language; showing your appreciation; and other highlights from our favorite tax bloggers.

The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.

Among other things, they may unintentionally snare mutual funds, an expert testifies.

The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.

Five types of return are projected to increase in volume by more than 45% in FY 2023.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

The regulations address new subsections of the law from the SECURE 2.0 Act.

Rajiv Uppal will begin assisting with the agency's transformation work in early 2024.

Democratic lawmakers want the service to look into the possible abuse of tax breaks on the island.

IFAC and FASB both appoint and reappoint board members; RSM raises $4.7M for nonprofits via Power of Love program; and more news from across the profession.

A recent survey says a large majority of firms enjoyed increased revenue and profit this year, based partially on growing client advisory services and the adoption of value-based pricing.

Thanks to the lower threshold, the service expects to receive about 44 million 1099-Ks in 2024, up from about 14 million.

The board voted to approve a new budget for fiscal 2024, and revealed it surpassed last year's record amount of fines.

While the vast majority of firms said they have branched into that area, the results suggest they may be missing part of the business opportunity.

Janet Truncale most recently was the regional MP for EY's financial services organization in the Americas.

The audit overseer hit at least nine different firms, with fines totaling approximately $4 million.