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The National Taxpayers Union Foundation’s Taxpayer Defense Center filed a lawsuit seeking to end the collection of donor information from nonprofits.

A federal judge ruled that President Donald Trump’s lawsuit against the Internal Revenue Service was a “bad faith” attempt to manipulate the judicial process.

Accounting firms that don’t keep up with artificial intelligence risk falling behind their own clients, says Madeline Reeves, founder and CEO of Fearless Foundry.

AI tools cannot be the preparer of a tax position. They cannot be subject to Circular 230, defend a study under exam or be professionally disciplined.

Former banking boss Jayne-Anne Gadhia has been picked to chair the U.K.’s audit regulator, the government announced.

The Trump administration is in the process of refunding tariffs to importers, but the threat of further tariffs has clouded the picture for companies and accountants.

Final regulations on Section 1035 insurance exchanges eliminate problems from earlier regulations that affected corporate reorganizations and death benefits.

Energy isn’t simply a bill to be paid. It’s a category that needs to be managed with the same discipline as any other major financial exposure.

Puzzle announces AI Suite for month-end close; MyCPE One announces CPE Wallet for automating CPE management; Sam’s List rolls out Concierge Launch; and other accounting tech news and updates.

The firms that benefit most are not treating AI as a replacement for the accountant’s judgment. They are treating it as infrastructure: the parts that should have been automated years ago finally being automated.