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A federal judge ruled that President Donald Trump's lawsuit against the Internal Revenue Service was a "bad faith" attempt to manipulate the judicial process.

Accounting firms that don't keep up with artificial intelligence risk falling behind their own clients, says Madeline Reeves, founder and CEO of Fearless Foundry.

AI tools cannot be the preparer of a tax position. They cannot be subject to Circular 230, defend a study under exam or be professionally disciplined.

Former banking boss Jayne-Anne Gadhia has been picked to chair the U.K.'s audit regulator, the government announced.

Frustrated real estate lawyers are pleading with New York City officials for more details on how a new tax on luxury second homes is going to work.

Americans using prediction markets to bet on the World Cup may face less tax burden than peers wagering through sportsbooks thanks to investment tax breaks.

A California business tax credit cap threatens to drive away film and television production, according to lawmakers who demanded a fix from Governor Gavin Newsom.

The Trump administration is in the process of refunding tariffs to importers, but the threat of further tariffs has clouded the picture for companies and accountants.

Final regulations on Section 1035 insurance exchanges eliminate problems from earlier regulations that affected corporate reorganizations and death benefits.

Energy isn't simply a bill to be paid. It's a category that needs to be managed with the same discipline as any other major financial exposure.