Final IRS regulations reflect changes made by the OBBBA to rules governing backup withholding on third-party network transactions under Sec. 3406.

Workers generally may claim the overtime pay deduction only for amounts reported on Form W-2, Wage and Tax Statement, beginning in tax year 2026, according to updated IRS FAQs. The IRS also clarified ...

The AICPA’s Professional Ethics Executive Committee will revisit in October proposed revisions to the AICPA Code of Professional Conduct related to firm independence and alternative practice ...

More retirement plans may soon begin offering investment choices such as private equity, private credit, and digital assets under recently proposed regulations. Two CPA financial planners assess the ...

The Senate Finance Committee approved the Taxpayer Assistance and Service Act, legislation backed by the AICPA that would ...

Founder & CEO, AccordanceAccordance was founded by AI researchers-turned students-of-practitioners who dedicated their first ...

The IRS, which recently made business tax accounts accessible to millions of new entities, said Thursday that it’s adding new features to the accounts and expanding others. The updates give eligible ...

Learn how four practices with fewer than 10 employees deploy artificial intelligence to expand capacity, do faster research, ...

The IRS on Wednesday issued Notice 2026-28, providing guidance on how employers can use the new premium-based method to calculate the expanded credit for paid family and medical leave (PFML) under the ...

The IRS said fraudsters are mailing letters that direct digital asset holders to a bogus “Digital Asset Compliance Portal” ...