Senate committee drafts wide-ranging tax administration bill
The sprawling bipartisan bill would add new requirements for the IRS as well as tax preparers, including continuing education for unlicensed preparers.

Sustainability reports getting fluffier
Corporate sustainability reports are including less specific quantitative information and disclosures and leaning more toward puffery.

Accounting's missing middle
How firms are working to solve the latest iteration of the pipeline problem

What language are you speaking to your clients?
Accounting may be the language of business, but it's not the language of most business owners.

51.7M children qualify for Education Freedom Tax Credit
Parents of 51.7 million children now qualify for the new Education Freedom Tax Credit for scholarships, according to a new estimate released by its proponents.

Too hot to deduct
A documented compensation study protects a growing C corporation's biggest deduction from being recast as a dividend.

Private equity dealmakers are shunning big firms to go it alone
Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker.

Capital cost recovery and depreciation vary across countries
There's little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.

Clients value human relationships over AI efficiencies
Anxious accountants can take a breath, as data shows human clients do not crave a 100% AI-led experience. In fact, there are certain tasks which they prefer be 100% human-led.