Tax

GOP legislation in the House aims to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the OECD.

Plus AuditClub Compass aims at AICPA quality control standards; FloQast releases Compliance Management tool; and other accounting tech news.

The widespread availability of the high-powered chatbot has led to a panoply of new AI-powered accounting solutions.

Grains of truth; books by their covers; skin game; and other highlights of recent tax cases.

The service is warning businesses to beware of schemes promoting abuse of the Employee Retention Credit.

Cannabis companies need accounting support to remain compliant and keep their licenses, but there's some hesitancy for professionals like CPAs to provide services to this industry.

More than anything else, that may prove a decisive element in ending the partisan standoff.

Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say will ensure the fuel lives up to its climate-fighting potential.

The service had paused the notices last year while it tried to catch up on its backlog of unprocessed tax returns.

The accounting firm's troubles center on revelations that a former executive had been barred by regulators for leaking government secrets to other PwC staff.