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AI can produce analysis, but it can't build trust or relationships. If students aren't trained in those areas, they'll be unprepared for roles that matter most.

Indexing capital gains to inflation would allow taxpayers to adjust the value of an asset to account for rising prices across the economy.

An AI agent is a system that can not only answer questions but also take autonomous action — a proactive team member who watches, thinks and acts on your behalf.

AI financial services platform Black Ore announced the general availability of its Tax Autopilot solution, touted as being capable of executing even complex workflows with little to no need for human intervention.

New GASB standards; tax cheats; along for the rideshare; and other highlights from our favorite tax bloggers.

The deal, expected to close later this year, will expand Grant Thornton's presence in the Asia Pacific region.

The International Public Sector Accounting Standards Board hopes to improve how financial information is presented in public sector financial statements.

The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.

Chief executives have been seeing substantial pay gains over the past year, especially at the largest companies, according to a new analysis.

The Top 50 Firm acquired St. Clair & Associates, expanding its footprint in the Northeast market.

The mayor is delaying the city's $127 billion budget as he pressures the state to limit a pass-through entity tax credit used by financial businesses.

Accounting firms need to steer between two equally dangerous positions when it comes technology.

The House passed bipartisan legislation to strengthen the Internal Revenue Service's Whistleblower Awards Program and provide faster payouts to tipsters.

Accountaneur Advisory's inaugural survey measuring the human cost of tax season is open for participation.

The IRS announced a streamlined way for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance.

The PCAOB found that audit committee chairs are increasingly turning to their auditors to understand AI's impacts on a company's financial reporting and controls.

The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the "portfolio layer method" when doing hedge accounting on their financial liabilities.

The AICPA and CIMA announced its new "AI Skills Accelerator," an intensive multicourse program that provides a wide breadth of materials to build skills with AI and better understand the mindset needed to do so successfully.

The Internal Revenue Service is offering taxpayers a new option to request more time to review a disallowance of an Employee Retention Credit claim.

The House Appropriations Committee approved further budget cuts for the IRS, expanding the use of AI and data analytics to handle enforcement.