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An AI agent is a system that can not only answer questions but also take autonomous action — a proactive team member who watches, thinks and acts on your behalf.

New GASB standards; tax cheats; along for the rideshare; and other highlights from our favorite tax bloggers.

The deal, expected to close later this year, will expand Grant Thornton’s presence in the Asia Pacific region.

The International Public Sector Accounting Standards Board hopes to improve how financial information is presented in public sector financial statements.

The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.

Chief executives have been seeing substantial pay gains over the past year, especially at the largest companies, according to a new analysis.

The PCAOB found that audit committee chairs are increasingly turning to their auditors to understand AI’s impacts on a company’s financial reporting and controls.

The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the “portfolio layer method” when doing hedge accounting on their financial liabilities.

The AICPA and CIMA announced its new “AI Skills Accelerator,” an intensive multicourse program that provides a wide breadth of materials to build skills with AI and better understand the mindset needed to do so successfully.

The Internal Revenue Service is offering taxpayers a new option to request more time to review a disallowance of an Employee Retention Credit claim.