The Tax Court found a regulation invalid to the extent it holds the period open for the IRS to issue a final partnership adjustment longer than the statutory 270 days after a partnership has submitted ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Though accounting enrollment is improving, degree completions lag in a job market with fewer entry-level opportunities.

The report examines trends in accounting education, CPA Exam participation, and the demand for new hires within the ...

The generative AI research tool provides secure, direct access to the AICPA's professional standards, authoritative guidance ...

A new generative AI tool, initially focused on the auditing and accounting space, accesses information within the AICPA ...

The committee added a new interpretation to the Code that creates a formal reporting duty tied to job acceptance decisions ...

The AICPA’s Professional Ethics Executive Committee (PEEC) is updating guidance for firms navigating private-equity ...

The Accounting STEM Pursuit Act, which was introduced in both chambers during the last Congress, would enable federal K-12 funding to support accounting education for students from all backgrounds. If ...

America’s Top 200 CPAs 2025 Jeannette Smith, a Partner with Carr, Riggs & Ingram, is many things: She is the Presiding Chair of the Texas State Board of Public Accountancy. She serves on the board of ...

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown, pointing to the approaching Oct. 15 deadline ...