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Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker.

There's little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.

Anxious accountants can take a breath, as data shows human clients do not crave a 100% AI-led experience. In fact, there are certain tasks which they prefer be 100% human-led.

Tax professionals can help companies with wind and solar projects after a recent court decision, as well as energy-efficient commercial building improvements.

Compliance is necessary, but it has never been the thing that actually changes a client's trajectory.

A rising number of firms are turning to AI-guided vibe coding for software solutions, and Ellen Choi, CEO of Edgefield Group, talks about the benefits and risks.

New revelations about staff mishandling confidential client information deepen the crisis engulfing the scandal-hit firm.

The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.

Only days after the World Cup Final, the IRS released a revenue procedure allowing tax-exempt foreign members of FIFA to avoid filing a Form 990.

That's entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases.

The Top 50 Firm acquired Houston-based Sowers & Co., expanding its local tax and outsourced accounting offerings in one of its focus markets.

Intuit announced the launch of the Intuit Business Credit Card, which comes with QuickBooks integration.

The pay margin between associates and seniors in accounting in North America is plateauing, increasing only 3% in some markets, according to data from Distinct.

Plus, Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news.

This is not a minor procedural tweak. It changes how penalty relief gets delivered to millions of taxpayers, and what we owe our clients as their advisors.

The U.S. will collect duties of between 10% and 12.5% on imports from most major trading partners, reconstructing the tariffs struck down by the Supreme Court.

Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth leader; Machen McChesney announces promotions; and other firm and personnel news from across the profession.

AI belongs at the periphery of a study, finding and verifying facts. It does not belong in the calculations.

Financial services firm Great American Holdings acquired Trampe Settles, which provides business valuation, forensic accounting, due diligence and audit services.