At a time when automation and artificial intelligence (AI) are rapidly transforming the accounting landscape, critical thinking remains a uniquely human skill that machines cannot replicate. Critical ...

Less than three years after the introduction of ChatGPT, the next generation of artificial intelligence (AI) is coming, and it promises to change the way accountants do their jobs. Agentic AI, as ...

A district court found that Isaac M. Neuberger, as the sole director, president, and treasurer of Lehcim Holdings Inc., was liable for the company’s tax debt under the Federal Priority Statute (31 U.S ...

The Tax Court reduced a taxpayer’s claimed charitable contribution stemming from bargain sale treatment for his transfer of five for-profit colleges to a nonprofit entity. Facts: Beginning in 1985, ...

Q. Traditional PivotTables have always intimidated me. I see there is a new Excel function called PIVOTBY. What is the difference between it and the traditional PivotTable? With the PIVOTBY function, ...

The midyear change follows an increase in gasoline prices, according to the IRS. It is the first such midyear adjustment ...

The social media post that looks like a flop may actually result in a new client. Small firms should value authentic ...

Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted ...

SAS No. 150, External Confirmations, published Monday following an AICPA Auditing Standards Board vote in May, is designed to ...

PEEC finalized revisions to the AICPA’s independence guidance for tax services, maintaining a principles-based framework for ...