The IRS' targeted enforcement campaign gained traction until the agency's workforce and spending pools began to shrink this year, but a transfer pricing specialist urged taxpayers towards voluntary compliance and proactive recordkeeping.| Thomson Reuters Tax & Accounting News
FAQ of how the pandemic affected net operating loss rules and carrybacks and what the rules are today.| Tax & Accounting Blog Posts by Thomson Reuters
The Big 4 accounting firms have led the way with AI adoption. They have invested in AI-powered tools to empower employees and clients.| Tax & Accounting Blog Posts by Thomson Reuters
For businesses and corporations of all sizes, calculating taxes correctly isn’t just a matter of getting the math right—it’s vital to the health of the organization. Learn how inaccurate sales and use tax calculations can be costly and inhibit an organization’s ability to plan, grow, and adapt to changing market dynamics.| tax.thomsonreuters.com
AI is about augmentation, not wholesale replacement. While automation handles repetitive tasks, AI enhances the capabilities of tax professionals.| Tax & Accounting Blog Posts by Thomson Reuters
Paul Atkins was sworn into office as chair of the Securities and Exchange Commission (SEC) on April 21, 2025. And one of the first orders of business may be a review of rules to respond to President Trump’s executive order that calls for the reduction of anti-competitive regulatory barriers.| Thomson Reuters Tax & Accounting News
Among the flurry of actions taken by President Donald Trump on his first day in office was issuing an executive order (EO) to end clean energy-related disbursements. While a memo has since specified that the action targets appropriations, the fate of clean energy tax credits also is unclear.| Thomson Reuters Tax & Accounting News