The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap on the deductibility of state and local ...

The cost of a preparer tax identification number is going down slightly again this year. The IRS Return Preparer Office conducted a biennial review of the PTIN user fee in 2025 and determined that the ...

The One Big Beautiful Bill Act that President Trump signed into law on July 4 is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs on Tuesday, although some ...

The Internal Revenue Service is providing extra tax relief to people and businesses affected by ongoing terror attacks in Israel, postponing until Sept. 30, 2026, a wide range of deadlines for filing ...

CAT expenses are forecasted to drop an additional $20 million given the SEC's order and other cost-saving measures.

Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex. The Paychex Small Business Employment Watch ...

The Financial Accounting Standards Board is looking for comments on a proposed accounting standards update offering authoritative guidance on how an issuer should initially measure paid-in-kind ...

Corporate finance leaders need to make sure their businesses find the right answers to reap the full benefits of the OBBBA.

Avalara announced the launch of its Agentic Tax and Compliance platform, which supports intelligent AI agents capable of automating tasks across the entire compliance lifecycle across its products.

Recent data suggests that while large companies don't have as many cyberincidents as smaller ones, when one does happen the costs can be massive. This is one of the findings of a study from Top 10 ...

Accounting firm platform Sainvus launched and made its first acquisition in Schulman Lobel. Sainvus is backed by long-term investors, including family offices and endowments, and aims to help ...

AI-native general ledger solutions provider Digits announced the release of its AI Firm Models—available exclusively through the new Digits Accountant Partner Program—which are meant to adapt to ...