By creating a more efficient and strategic finance team and improving their access to data, AI helps them gain the ability to more closely manage and control money.

A GAO report finds that the regulations were burdensome for multinational companies, even though they saved through lower tax rates.

The Governmental Accounting Standards Board issued a proposal to improve the accounting and financial reporting requirements for state and local governments.

Better, more timely guidance from the IRS would do more to drive compliance, writes Alexis Leondis.

Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.

Kruze Consulting does an after-action analysis of the results of its clients’ PPP decisions.

Revenues weren’t hit as hard as many expected, but the changes to the landscape of tax are still enormous, according to experts at Avalara’s Crush event.

The legislation would overhaul the current menu of energy tax breaks, consolidating credits for renewable energy sources and offering incentives to any energy source that has no carbon emissions.

New legislation would equalize the tax breaks for different types of recreational vehicles, including travel trailers and campers.

FASAB is looking for input on a proposed interpretation of the federal financial accounting standards for cancelled debt.

President Joe Biden’s pick to lead the Treasury Department’s tax policy efforts pledged to work with lawmakers on a bipartisan basis and be a strong advocate for the Internal Revenue Service.

GOP lawmakers reject the White House’s latest counteroffer of $1.7 trillion as too costly and object to corporate tax increases.

The senator is proposing to nearly triple the IRS’s budget to help identify wealthy individuals who are evading taxes.

The Biden administration proposal contains many, but not all, of the tax provisions the president campaigned on.

The service plans to host its tax forums online again this summer starting July 20.

Avalara Content Generation for POS is designed to improve tax compliance and the customer experience.

A sizable chunk of private companies still aren’t ready to implement the new lease accounting standard before the end of the year, despite postponements in the deadline due to the pandemic.

The software automates evidence collection, mapping and crosswalking.

President Biden releases his annual budget on May 27, a move likely to detail his plans to increase the capital gains tax rate and eliminate a lucrative benefit for inherited estates.

Notice 2021-31 explains a new credit from the American Rescue Plan Act.