Treasury and the IRS proposed regulations for the education freedom tax credit, a new federal credit under Sec. 25F for ...

The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. Also, the SEC is ...

The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration ...

Tax professionals are rapidly integrating the benefits of generative artificial intelligence (AI) into their workflow, but a recent Tax Court case, Clinco, T.C. Memo. 2026-16, shows how quickly things ...

Finance departments and firms can use an accountant-developed self-evaluation tool to identify gaps and strengthen ...

Participants in the Council on AI Risk in Tax, led by the AICPA and former IRS commissioner Danny Werfel, include leaders ...

Going concern assessments are drawing renewed attention. AICPA standard setters help refresh what you know about this ...

A first-of-its-kind GAO analysis estimates annual federal tax fraud losses at $116 billion to $304 billion. The report said that the IRS needs a coordinated antifraud strategy. The IRS partially ...

Treasury and the IRS issued proposed and temporary regulations providing for automatic enrollment in Trump accounts after ...

Drawing from lessons learned in a real-life dissolution, a former CFO shares what CPAs need to know about applying FASB ASC ...

Cryptocurrency tokens a taxpayer received as staking rewards were includable in gross income in the year of receipt despite a ...