The guidance sets forth conditions for contributions to qualify for the annual gift tax exclusion and for donors to avoid ...

While an increasing number of large U.S. companies turned to audit firms for assurance of sustainability data in 2024, a gap ...

The IRS warned that AI’s risks — including fabricated outputs and data privacy concerns — require practitioners to verify ...

The national taxpayer advocate’s Fiscal Year 2027 Objectives Report to Congress says the IRS processed about 139 million ...

The PCAOB seeks public comment regarding potential areas of focus for standard setting, building on dialogue initiated in its Strategic Priorities Request for comment in March. It is also seeking ...

The Supreme Court declined to hear an appeal of the Third Circuit’s decision in Murrin, in which the court held that taxpayer intent is not required for the unlimited period for assessing tax under ...

Larger firms participating in the biennial Private Companies Practice Section survey also are grappling with people-related ...

The Electronic Tax Administration Advisory Committee calls for predictable, multiyear funding; expanded use of artificial ...

FASB published two Accounting Standards Updates recently. One is intended to improve accounting guidance for interest rate ...