AI is showing up in the software tools that businesses use every day — from payroll systems to enterprise accounting ...

The IRS allows you to calculate your tax bill using one of two tax accounting methods. The more common of the two methods for individual taxpayers is the cash method. However, most businesses prepare ...

Accounting offers a variety of specializations, including tax accounting, financial accounting, and managerial accounting. Tax accounting requires strong research skills and the ability to keep up ...

Corporate leaders are demanding more and more from their tax and accounting partners. Is your firm on top of the latest Internal Revenue Service guidance on Paycheck Protection Program loan ...

The most critical business information that accounting software stores includes financial records, payroll data, banking ...

A new survey by information services firm Wolters Kluwer finds a notable uptick in the number of accounting firms offering ...

Certified public accountants may become harder to find for tax preparation services as a number of CPAs are retiring and fewer young people are entering the profession. Even though April 15 is fast ...

Unfiled taxes refer to the tax returns that a taxpayer is obligated to file with the respective tax authorities but has not yet submitted. It is a common issue that many individuals and businesses ...

The IRS issued proposed regulations (REG-132766-18) on July 30 related to simplified tax accounting rules for small businesses and updating various tax accounting regulations to adopt the simplified ...

Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting ...