A member of the US audit board said Wednesday that the watchdog has fallen behind in the technology race as artificial intelligence reinvents the financial statement audit.

GenAI adoption is outpacing control. According to Cyera’s 2025 State of AI Report, 83% of organizations now use AI in daily ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...

The Economic Hardship Reporting Project, ProPublica and New York Focus report that New York relies on hotels for homelessness ...

While the IRS hasn’t officially confirmed that the program is dead, the website indicates that the program is closed—and ...

The Central Board of Direct Taxes (CBDT) has announced an extension for filing Income Tax Returns (ITRs) and audit reports for the assessment year 2025–26. Taxpayers can now file their audit reports ...

This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

There's a ton of paperwork that goes into maintaining your small business — and failure to file something important can result in penalties. One such piece of documentation that businesses should file ...

LONDON, Oct 15 (Reuters) - Britain's finance minister Rachel Reeves said she was looking at both tax rises and spending cuts for her budget on November 26, confirming widely held expectations given ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Taxpayers have until Oct. 15 to file tax extensions. Extension must be filed at this time to avoid getting hit with penalties. There are several options available to file tax extensions, including ...