The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...

Tougher penalties for tax preparers who break the law are included in a sweeping bipartisan Senate bill designed to overhaul IRS operations and strengthen taxpayer service.

The board is accepting comments through April 27 on proposed authoritative guidance related to subsidies in Statement No. 103, Financial Reporting Model Improvements.

As entry-level tasks are automated, the focus of training will shift to judgment, simulation, and continuous upskilling.

An exposure draft approved by the AICPA board updates baseline standards and addresses sustainability and other emerging ...

AI tools are frequently used in data visualization — this article describes how they can make data preparation more efficient ...

Dark Mode has its drawbacks. For example, the worksheet grid usually remains white. You can choose Black under Office Theme, which activates a Dark Mode toggle in the View tab of your Excel ribbon.

The Tax Court held that a couple’s ranching activity was not engaged in for profit within the meaning of Sec. 183. Therefore, it sustained the IRS’s disallowance of their claimed loss deductions ...

Managing the lifestyles of the rich and famous has its appeal. You can make money while also getting a glimpse into a world most people never get to see.

Click the headlines for these full stories. PTEs need more notice of changes, more time to respond, AICPA says In a letter to Treasury and the IRS, ...

The Committee of Sponsoring Organizations of the Treadway Commission’s publication relies on its proven internal control framework to help companies manage AI-related risks.

To fill the skills gaps, accounting educators and trainers are turning to experiential learning, especially game-based approaches, to help people at all stages of their careers. These games aren’t ...