IRS Taxpayer Assistance Centers provided wrong answers
The Internal Revenue Service's Taxpayer Assistance Centers staff provided incorrect advice about the tax laws in nearly half the visits by inspectors.

BMSS expands, launches BMSS Family of Companies
BMSS Advisors & CPAs acquired Aviso Group, extending the Top 100 Firm's footprint in Alabama and launching the BMSS Family of Companies.

State Street tapped as default for Trump account investments
Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

Two Ascend firms expand in California and Georgia
LevitZacks and Wilson Lewis completed acquisitions, effective as of June 1, growing their footprints in their respective states.

What does an AI-driven IRS mean for small accounting firms?
The IRS against which your clients filed last year is not the same agency reviewing their returns today.

Boomer's Blueprint: Why 150 audit leaders stopped competing and started collaborating
Got an important question? You may not need a consultant, but rather a community of your peers who are just a little ahead of you.

House committee advances tax administration bills
The tax-writing House Ways and Means Committee held a hearing to consider and pass seven bills related to tax administration and the Internal Revenue Service.

AI and the new age of fraud
Your accounting firm's clients are counting on you to understand fraud risk in the Age of AI.

FASB proposes changes in investment company reporting
The Financial Accounting Standards Board wants to amend how investment companies measure the fair value of a security subject to a contractual sale restriction.

AI is creating a new class of tax liability
Accountants are no longer just educating clients about tax law, but actively dismantling AI-generated fiction before it turns into audit-triggering liability.