Tax research

Inflation-adjusted amounts in the Tax Code are predicted to increase 5.4% in 2024, according to a new report from Bloomberg Tax.

Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.

The company plans to invest $100 million per year in artificial intelligence starting next year.

Smaller accounting firms have been enthusiastic in experimenting with ChatGPT but so far are hesitating to put it towards serious client work.

Portland, Oregon, may penalize higher earners more than any other large U.S. city, according to a new report.

Instead of hiding gains, traders avoid tax by declaring losses using "wash trades" that are barred in regulated securities markets.

The District of Columbia, Massachusetts, Connecticut and Washington State had the highest incomes on average reported on tax returns.

Find out how to harness the power of AI to make you even more relevant to your clients than you are presently.

The Internal Revenue Service audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, according to a new study.

The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.