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$20 million questions; speared; tag, you’re it; and other highlights of recent tax cases.

Though the SEC has yet to issue regulations specific to AI, that doesn’t mean companies are off the hook when it comes to disclosures.

President Trump’ and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.

The two Top 25 Firms are reportedly close to a major M&A deal, which would create a firm with $3 billion in annual revenue.

As AI works its way into more and more business processes, it has become increasingly important for auditors to understand where, why, when and how organizations use it and what impact it is having.

Big Four firm EY announced a collection of new AI solutions to enhance the work of its assurance professionals, as part of its $1 billion investment in AI.

The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation-skipping transfer tax exemptions.

The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business’s prospects as a going concern.

The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out “a rather grueling examination,” an expert says.

A bipartisan group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.