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The number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.

The Top 25 Firm will receive an investment from private equity giant KKR, making it among the largest accounting firms to take PE money.

Some state lawmakers are introducing tax legislation targeting the growing use of artificial intelligence, according to a new report.

Don't let your hiring process stop at the sales pitch.

Vermont signed a bill into law that creates an additional pathway to CPA licensure — one of the few states left to pass changes to licensure requirements.

AI and automation can streamline R&D work but cannot replace professional judgment or Circular 230 due diligence.

The Financial Reporting Council is probing accountancy firms linked to Market Financial Solutions Ltd., a mortgage lender backed by multiple Wall Street banks.

The collapse of the property developer is raising concerns among some partners at its former auditor about the potential impact on their own finances.

Individual tax withholdings plus Social Security and Medicare taxes collected increased to $286 billion in May from $247 billion last year, while corporate tax receipts were down 67%.

The agreement to settle Trump's case against the IRS included a bar against audits of past tax filings by him, his family members, businesses and other government investigations.