Economy

ISO 42001 is a comprehensive framework concerning oversight of AI management systems in terms of security, ethics and accountability.

Top 50 Firm Schellman recently became the first U.S. firm accredited to certify compliance with the new ISO 42001 AI management standard.

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the U.S.

The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, including solar wafers.

Sax reaches $1 million milestone for annual charity run; Withum adds new ESG offering; and more news from across the profession.

Private equity firm Further Global has taken a minority stake in the Top 25 Firm.

Whether someone incorporates their business now as the year comes to a close or waits until the new year can affect their company in various ways.

If you don't report, you can't measure what was successful, and — equally as important — what wasn't.

The Top 25 Firm has acquired the Georgia-based Microsoft reseller, as well as an affiliated software developer.

While the potential rewards are attractive, for many of the small to midsized players, there are a host of operational and tax-related implications that need to be addressed.

Job growth at small businesses moderated slightly in September, but hourly earnings growth was up from August, payroll provider Paychex reported.

Your Part-Time Controller appoints chief growth officer; LBMC launches family law support services practice; and more news from across the profession.

The Treasury's Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.

The Regional Leader firm based in Jackson, Tennessee, has received a strategic investment from Copley Equity Partners LLC.

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group.

Whether your firm has a vibrant wealth management division or not is irrelevant when it comes to offering family office services: Consider it outsourced CFO work, except for a family rather than an entity.

The OZ program allows investors to defer capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

Landmark CPAs merges in Garland & Greenwood CPAs; and Forvis Mazars completes acquisition of ConTech360.