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AI is no longer just a distant concept, as we’re already seeing it reshape day-to-day functions within accounting.

The New York State Legislature passed a bill establishing an additional pathway to CPA licensure, and another bill authorizing the use of electronic signatures.

By any other name; poor Service; a saga continues; and other highlights of recent tax cases.

The Treasury Department and the IRS are giving brokers additional time to comply with requirements to report on digital asset sales and withhold taxes.

The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.

The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.

The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board’s duties if the tax bill passes.

U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.

A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House’s version of the bill.