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The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.

Early-career accountants rated their skills higher on average compared to how managers rated them, according to an Illinois CPA Society report.

The Internal Revenue Service intends to shut down nine in-person Taxpayer Assistance Centers in six states as part of the administration’s cost-cutting moves.

Cerulli’s research based on a survey of wealth and asset management firms suggest that firms have only just begun to address clients’ comprehensive planning needs.

The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.

Diversionary tactic; bad intentions; keeping it real; and other highlights of recent tax cases.

In the age of AI automation, firms are developing staff with less on-the-job learning in repetitive tasks and more formal training and mentorship that emphasizes critical thinking and skepticism.

AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry-level accountants, raising questions.

Lawmakers introduced two pieces of legislation to completely eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance for one year

Elevate, a new family office-backed platform firm, made its first acquisition with TYS Advisors, effective Aug. 1.