AI is no longer just a distant concept, as we're already seeing it reshape day-to-day functions within accounting.

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

The Financial Administration collected nearly €100 million less in penalties and additional tax last year. Experts cite the neglect of income tax audits.

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology as it carries out widespread layoffs. A report, released last week by the Treasury Inspector General ...

Agentic AI CoCounsel for tax, audit and accounting professionals is already here, while the legal, risk and compliance ...

However, CRA can – and does – frequently audit small businesses ... the total sales on your tax returns! To avoid this, proper bookkeeping is critical. Keeping detailed records of all your ...

Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, today unveiled its next major leap forward — agentic AI systems, beginning with the launch of CoCounsel for tax, audit, and ...

There is a new accounting software ... for the entire tax industry — transforming everything from client collaboration to document management and audit preparation,” Kerry said.

Audit procedures ... errors or fraud in the accounting system. How to Recover a Microsoft Excel File That Is Not in a Recognizable Format. If Microsoft... Tax Deductions for Restaurant Workers.

The town board voted unanimously on April 15 to approve the forensic audit and hired PKF O’Connor Davies, a Hauppauge accounting firm ... group shared with her tax returns and bank statements ...

PHOENIX – An IRS audit affirmed Grand Canyon University’s tax-exempt status as a nonprofit institution, the Phoenix-based school announced Tuesday. It’s the second win in less than a week ...