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News
Two Flats, One Home: Mumbai ITAT Says Section 54F Income Tax Relief May Apply
4+ day, 11+ hour ago (464+ words) separate flats does not necessarily mean losing the tax benefit available for investment in a residential house...recent ruling held that two flats in the same building can together be considered a single residential house...The case raised an important…...
The AI skills gap in accounting is structural, not technical
1+ week, 4+ day ago (408+ words) That shift changes what "AI-ready" actually means for a firm or in-house department....
The 2026 Salary Survey: Inching upward
2+ week, 6+ day ago (447+ words) The top Democrat on the House Ways and Means Committee says IRS employees have suffered since the agency...
ITR Filing 2026: ITR-3 and ITR-4 Dos and Don'ts Before August 31 Deadline
3+ week, 5+ day ago (1346+ words) whether presumptive taxation is applicable, capital gains, residential status, number and type of house...
Remarks at the Investor Advisory Committee Meeting
4+ day, 3+ hour ago (459+ words) Commissioner Mark T. Uyeda Official websites use.gov Secure.gov websites use HTTPS More in this Section Remarks at the Investor Advisory Committee Meeting Thank you, George [Georgiev]. Good morning and welcome to all Committee members and panelists. I appreciate the…...
Will AI replace accounting firms in the small biz market?
2+ week, 6+ day ago (944+ words) Because of artificial intelligence, small-business owners today have choices that they never had before. Financial reporting is just one of the areas where AI can reduce costs the most, especially for companies with $10 million to $70 million in revenue. Today, many…...
What successful M&A looks like
2+ week, 6+ day ago (1162+ words) Acquiring another accounting firm may seem like a quick and easy way to boost growth — particularly when compared to the slow slog of building up business organically — but it's really neither quick nor easy. For many of this year's Fastest-Growing…...
Check your tech stack for AI training leaks
3+ week, 6+ day ago (1253+ words) "If you go and read their terms, they're not exactly favorable. Some of the terms have been like that for several years," he said. While there is great variation between how vendors word their respective policies, however, there are certain…...