Lawmakers propose tax and IRS bills as filing season ends Senators introduced several pieces of tax-related legislation this week, including measures aimed at improving customer service at the Internal Revenue Service, cracking down on tax evasion and curbing the carried interest tax break, in addition to efforts in the House to repeal the Corporate Transparency Act.
Lack of governance coordination on AI costing companies While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments or even lost them money.
IRS creates online tax debt tool The Internal Revenue Service introduced an online Tax Debt Help tool, the day after the tax deadline, to help taxpayers understand and resolve their tax debts.
Tax Fraud Blotter: A little off the sides Failed election campaign; six-figure salary; online scam; and other highlights of recent tax cases.
Offshoring vs. outsourcing accounting and tax work Understanding the differences and setting expectations properly can make or break a successful engagement.
Mythos poses risk to SEC market-tracking database, group says Anthropic's new AI model could put traders and the broader financial system at risk through the Consolidated Audit Trail, the American Securities Association said.
Accountants worried about war in Iran Global economic confidence has been shaken by the war in Iran and surrounding countries, according to a new survey of accountants.
Execs adjust to volatility in second Trump administration U.S. executives are gradually finding their footing 15 months into the second Trump administration, according to a new survey from PricewaterhouseCoopers, although it hasn't been easy.
Only 18% of organizations track AI ROI While the majority of professional service organizations routinely use generative AI, few are measuring their ROI, and when they do it is often centered around internal metrics versus business performance.
Protect clients from post-closure payroll tax notices When business clients no longer need employer tax accounts, they need to close those accounts properly so they are no longer responsible for them.
