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The American Institute of CPAs has sent a letter to the Multistate Tax Commission recommending changes in a proposed approach to sourcing of partnership income.

The American Accounting Association is calling on the Department of Education to reverse course after proposing to remove accounting from its definition of "professional degree" programs.

A recently released book explains a framework for improving a company's profitability.

The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.

Republicans are divided on whether to extend premium tax credits, loathed by the GOP's right flank because of the costs and lingering opposition to former President Obama's legislative achievement.

Grant Thornton Advisors has expanded its rapidly growing multinational platform by merging in Kevane Grant Thornton in Puerto Rico.

Job satisfaction for female CPAs in tax, audit and CAS has improved by more than twice as much for female CPAs than it has for male CPAs in those areas.

The Regional Leader is expanding its presence in Western Michigan, effective Jan. 1, 2026.

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.

The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.

Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.

Accounting firms can determine individual CPAs' practice privileges in different states under new mobility and substantial equivalency rules.

People want to use AI and other advanced tech more effectively, but they're too busy to learn how.

Speakers at Accounting Today's 2025 PE Summit urged firms to explore the ways private equity is transforming accounting — and their practices.

In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.

Another downgrade by Moody's hit the manufacturer of mini motors' stock price.

Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.

The competition involved 20 teams from colleges and universities all over the country, competing to develop an AI adoption plan.

When implemented thoughtfully, these tools can transform your firm's operations and value proposition.

An inside look at the Big Four firm's brand-new space in Manhattan's Hudson Yards neighborhood.