The IRS is getting hit with an overwhelming number of public comments on proposed tax regs, often generated by artificial intelligence.
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One question deserves far more attention, particularly from accountants and auditors: Which companies will actually choose to report less?
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Artificial intelligence will make it easy for accountants to surface great advice. Communicating it, though, is another matter.
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OZ 1.0 Zone; governed AI; tax fraud cases; and other highlights from our favorite tax bloggers.
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For the 2026 Top Firms by Assets Under Management, managing the growth of their own practices is as much a challenge as growing their clients' wealth.
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The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.
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This year's top resellers in the accounting space say they're facing greater expectations on a number of fronts.
The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.
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Frank Bisignano, the head of the Internal Revenue Service and Social Security Administration, denied a report in the Wall Street Journal that he spied on colleagues while at JPMorgan Chase.
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The U.S. Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be "too good to be true."
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Top 20 firm CliftonLarsonAllen announced that it is working with Digits to develop and train its own proprietary AI model which will be deployed across the firm, starting with its CAAS practice.
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CFO John Sams will become CEO as the Australian arm of the global audit and consulting giant attempts to steer through a scandal that has rocked the firm.
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The Top 100 Firm acquired Franklin, Massachusetts-based Pavento, Ratcliffe, Renzi & Co., expanding its presence in the state and New England.
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Showcasing technologies that modernize the tax preparation process, using AI and integrated workflows. These can include: automating data intake, streamlining review and filing and improving accuracy and client collaboration.
Showcasing technologies that streamline firm operations and boost productivity across the entire accounting practice. These can include: automating client onboarding, task management, billing and workflow coordination.
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