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President Biden's top economic advisor pledged Democrats would push to reverse Donald Trump's corporate tax cuts next year.

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

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.

AI's rapid advancements have been a source of stress for accountants: Will you be automated out of a job?

Accounting firms that have embraced artificial intelligence are primarily using it to analyze documents, automate tasks and bolster client communication.

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

The Treasury will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday.

The number of individual income tax returns received rose by 16.34% in the final week of tax season.

State supreme court rulings granting frozen embryos the same legal status as children will have major impacts on financial planning, writes an expert on estate planning and tax law.

A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

An overwhelming 77% of voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls.

Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.

What to do next month; White House returns; taxing AI; and other highlights from our favorite tax bloggers.

Accounting Today is in the midst of surveying CPA firms with wealth management practices for this year's 'Wealth Magnets' ranking.

Economists in Donald Trump's circle are pressuring him to to embrace a 17% tax rate for all, and to hold the line on the state and local tax deduction.

Economists advising Donald Trump are pushing to keep a cap on the state and local tax deduction, limiting a valuable tax break for many residents of New York, New Jersey and California.

Biden's pitch for a fair Tax Code and Werfel's quest for a digitally transformed IRS are among the key issues to pay attention to after the dust has settled on tax season.