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The muni tax-exemption — estimated to cost the U.S. government roughly $40 billion each year — has been mentioned as a target for elimination.

Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?

AuditBoard has released an out-of-the-box assessment tool feature for internal auditors to assess conformance with new IIA global standards.

The IRS warned about bad advice that's being peddled on social media promoting a bogus "Self Employment Tax Credit" and prompting unsuspecting taxpayers to file false claims for the credit.

The Internal Revenue Service could be doing a better job of cracking down on tax noncompliance by users of virtual currency or digital assets, according to a new report.

Wolters Kluwer announced CCH Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.

The combination of variable prepaid forwards with long and short equity positions outpaces the after-tax returns of a direct indexing strategy, a new study found.

Ron Baker's efforts to elevate practice management are innovative, insightful and venerable, and should be understood by everyone managing a practice or who wants to.

OneStream Inc. is seeking to raise $465.5 million in a U.S. initial public offering for the cloud-based platform. which includes accounting and budgeting.

CliftonLarsonAllen CEO Jen Leary has been focusing on expanding the firm's appeal, especially to young accountants, as CLA grows its international network.

Test your accounting knowledge on AI layoffs, the IRS Direct File program, and more. No. 2 pencil not required!

Both accounting firms and the businesses they serve will grab onto the automation wave or die.

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

The Atlanta-based Top 50 Firm secured funding from Boston-based Charlesbank Capital Partners.

Grant Thornton names three regional leaders; Schneider Downs establishes new subsidiary; and more news from across the profession.

Plus, Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.

For financial advisors, tax professionals and their clients, the opportunities and acronyms look endless. Three experts explain the key questions to consider.

The agency is hoping to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.