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The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.

Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.

Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.

Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.

Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.

Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment Estimates series.

Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.

Conquering tariffs; bracing for notices; FBAR penalty timing; and other highlights from our favorite tax bloggers.

One sector that the bill is particularly positive for is real estate, experts say.

WithumSmith+Brown acquired Pannel Kerr Forster of Texas, expanding its geographic reach into Texas and adding energy and oil-field expertise to its practice.

Accounting Today's annual ranking of the top CPA financial planners by assets under management.

This year's collection of top CPA financial planners are focused on every different part of the puzzle.

The Top 25 Firm based in Raleigh, North Carolina, has acquired a Denver-based firm with an extensive business in fund audits.

PwC's 2025 Global AI Jobs Barometer report found that artificial intelligence is making workers more productive, valuable and able to demand higher wage premiums.

Large firms have a more positive outlook on AI adoption, based on a report from Wolters Kluwer.

The most critical deadline Congress is facing is enactment of additional government borrowing authority before the current authorization limit is reached.