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Italy's finance police had claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

What good is a door you don't close? What's the point of going through all the trouble of having a secure space if someone can just walk right in?

In addition to asking experts what AI is, Accounting Today asked the equally as important question of what AI isn't.

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.

Nuances of VAT; financial gift ideas; welcome, outstanding offenders; and other highlights from our favorite tax bloggers.

The rise of remote work has companies grappling with integrating locations, navigating time zones, and sometimes even bridging language gaps.

Tax credits and incentives advisory firm ETS has scored a minority investment from a venture services firm.

Accounting teams have tended to be a latecomer to task automation, a technology increasingly adopted in other departments and most industries.

SMB organizations are calling for the Supreme Court to uphold the Tax Cuts and Jobs Act's Mandatory Repatriation Tax.

LC Lawyers, the Hong Kong law firm member of the Big Four auditor's global network, will cease operations on Jan. 23.

Iris supplies software for the accounting, payroll, human resources and education sectors.

The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.

Biden's lawyers argue that all the charges should be dropped because their client has immunity under a deal he struck in July.

U.S. officials will take money away from victims of the fraud-tainted crypto firm unless a judge rejects the government's demand for $24 billion in unpaid taxes, the bankrupt company said.

Accounting's most influential share their primary concerns for the profession.

Tax-loss harvesting through "highly correlated" products is driving a significant share of trading volume, according to a working academic paper.

From stealth startups to fintechs and legal tech, meet the players who are reshaping accounting and tax.

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is the most important issue currently facing the accounting profession?"

Not everyone agrees on a single definition, so Accounting Today asked a number of experts to share their idea of what, exactly, artificial intelligence is.

The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.