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S&P Global ratings reckons money flowing from the levies will offset the impact on the U.S.'s budget position from the recent tax and spending bill.

While the EU AI Act creates new obligations regarding AI, its more stringent mandates apply only to the minority of organizations involved with high-risk use cases.

We have an impressive new list of these deductions available to taxpayers, whether or not they itemize.

The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.

Experts say there are many reasons some beneficiaries reject assets and big problems if they fail to do so correctly. Here's a guide to avoiding them.

The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers.

The U.S. Department of the Treasury issued a request for comment, required by the Guiding and Establishing National Innovation for US Stablecoins Act.

Illinois Gov. JB Pritzker signed a bill into law that adds two additional pathways to CPA licensure and preserves the original 150-hour path.

The deal bolsters FMS's position in delivering managed accounting services to independent restaurants and food retail businesses.

As we find ourselves eight months into the year, it's essential to take a moment to reflect on governance amid the hustle of deadlines and client demands.

Vestas Wind Systems A/S shares jumped after guidance brought much-anticipated clarity to the rules on how clean energy projects can qualify for tax credits.

A federal appeals court has ruled unconstitutional a provision of a Maryland law that prevents companies from displaying a digital ad tax charge on a bill.

The Trump administration tightened long-standing eligibility requirements for clean energy tax credits.

The Internal Revenue Service didn't do enough to verify the identity of callers to its Practitioner Priority Service and Business Specialty Tax phone lines.

The Internal Revenue Service has acknowledged in a court filing that it is now sharing taxpayer data with Immigration and Customs Enforcement.

Three-quarters of seniors described the 2024-2025 tax season as "somewhat" or "extremely" stressful, according to a Distinct survey.

Plus, Avalara announces Dallas, Atlanta tour dates; Thredd joins Mastercard Wholesale Program; and other accounting tech news.

For internal auditors, AI is not just another tool. It's becoming a competitor in the race for relevance.

KPMG announces new slate of line of business and U.S. sector leaders; RubinBrown promotes 17 partners across three offices; and more news from across the profession.

Gone commercial; PTIN-free; seen the light; and other highlights of recent tax cases.