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The AICPA submitted recommendations to the IRS and Treasury regarding the tax classification of purpose trusts, and functionally similar structures, for federal income tax purposes.

In a groundbreaking experiment, researchers tested the capabilities of artificial intelligence (AI) by subjecting top AI models to the CPA Exam.

The IRS on Tuesday, April 30, provided a comprehensive, updated list of changes in tax accounting methods that includes the application of automatic change procedures.

New regulations from the Department of Labor will subject the financial services industry to requirements designed to protect retirement investors from receiving bad investment advice.

The AICPA’s Private Companies Practice Section (PCPS) is inviting staff members and partners at CPA firms to share their outlook on key firm practice management issues before May 17.

The Wisconsin Department of Revenue (DOR) has published its state tax bulletin for May 2024.

A new survey finds high demand for client advisory services (CAS), including Form 1099 creation and filing.

A new survey from the AICPA & CIMA finds a clear divide between accounting and finance professionals who work as business partners and those who don’t.

The IRS and Treasury have released final regulations on the transfer of clean energy manufacturing, investment and production tax credits.

The IRS recently posted the highly anticipated draft Form 1099-DA on its website, which brokers will use to report digital asset transactions.