Three years after tax professionals attended the AICPA National Tax Conference’s first session on generative AI, a speaker from the 2023 conference and a speaker at this year's conference say the ...
January on proposed updates to the framework used by CPAs to evaluate controls over an organization’s information systems.
The board’s review of 2025 public company audit inspections revealed a significant decrease from 2024 in instances where an audit firm failed to obtain sufficient appropriate evidence to support its ...
A TIGTA report linked ghost preparers to $179 million in refund claims over two years. Its findings come as legislators consider the Taxpayer Assistance and Service Act, which would expand IRS ...
A CPA who recently solved a 40-year-old math problem using AI believes that the “gold rush” to solve similar problems is ...
The PCAOB’s latest analysis of its inspections of public company audits showed significant improvement in nearly all firm segments. In Staff Update on 2025 Inspections of Public Company Audits, the ...
The IRS on Friday issued final regulations implementing Taxpayer First Act provisions that would allow taxpayers to make credit and debit card tax payments directly to the IRS rather than through ...
Proposed regulations governing employer contributions to Trump accounts are “administratively burdensome” and make a 2026 rollout potentially difficult, the AICPA said. A letter to the IRS and ...
The IRS and Treasury on Wednesday proposed regulations (REG-101576-26) implementing Sec. 36B premium tax credit (PTC) changes enacted by H.R. 1, P.L. 119-21, commonly referred to as OBBBA. Among other ...
FASB is seeking feedback on a proposed Accounting Standards Update (ASU) aimed at addressing a diversity in practice observed when determining if payments should be accounted for as consideration ...