IRS would create Business Child Care Liaison under new bill
The wide-ranging Taxpayer Assistance and Service Act includes a requirement for a new IRS office to educate businesses about child care tax breaks.

Tax Fraud Blotter: Life imitates art
One Range Rover, two Ferraris; quite a JOLT; live-video app; and other highlights of recent tax cases.

Carbon capture tax credit claims face long delays and rejections
Companies claiming tax credits for carbon capture technology have been confronting heavy compliance requirements, prolonged waits and uncertainty.

Sorren adds two Nevada firms
The Top 50 Firm acquired Persing Professional Group and Carefree Professional Practice Resources, expanding its presence in Nevada.

Smith + Howard completes investor flip
The Top 75 Firm completed a flip of investors, with private equity firm Broad Sky Partners selling its stake to TPG, an alternative asset management firm.

IRS expands Business Tax Accounts
The Internal Revenue Service is giving organizations more ways to view digital notices, make payments, and access and manage federal tax account info online.

Accounting: A career choice with timely optionality
While the accounting profession has always been a great choice, it now has entered a particularly exciting period of revolutionary change largely driven by AI.

In the blogs: Ignorance of the law is no excuse
Taxes don't pause; chaotic policy; larger tax burden; and other highlights from our favorite tax bloggers.

SEC creates accounting unit in Enforcement
The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.

IAASB proposes to revise audit standards for new tech risks
The International Auditing and Assurance Standards Board proposed revisions to three of its International Standards on Auditing.