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The Internal Revenue Service and the Treasury released final regulations on the new tax deduction for tipped employees under the One Big Beautiful Bill Act.

Plus, Oracle premieres Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates.

Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names a new office MP in Dallas, and more.

When they understand their market value, accounting firms are often torn about what to do.

During his previous tenure at the SEC, he chaired the financial reporting and audit task force that cracked down on accounting violations and false financial statements.

Choosing the right AI implementation partner is one of the most consequential decisions a firm will make right now, but a meaningful number of them show significant gaps in the areas that matter most to accounting firms.

Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases.

Ideagen Audit Analytics' annual report on the audit landscape shows the market share landscape remaining much the same.

The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on infrastructure assets.

Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.

The Top 25 Firm will acquire KLG Business Valuators & Forensic Accountants in a deal expected to close this May.

The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.

When accounting firm leaders build guardrails, train their people and stay actively engaged, AI will become a force multiplier — not a liability.

The old measurements of leverage, utilization, margin, billing rate, and realization fall short of the new reality.

More than 4 million children have been signed up for Trump accounts — but millions more are eligible.

Leaders at Top 100 Firms have a host of new concerns about staffing, culture and succession.

If Congress attempts to pass a second tax bill before the midterms, Rep. LaLota plans to push to expand the state and local tax deduction.

RIA Soltis acquired accounting, tax and advisory firm GDM Private Financial Solutions, the latest example of client demand for integrated wealth and tax planning solutions.

The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.