AI-Focused Accounting Is Hindered by State CPA Licensing Laws
Reforming state CPA licensure requirements would give accounting firms more ways to recruit talent in the age of artificial intelligence.
Five Questions With Crowe Tax Principal Rochelle Hodes
Bloomberg Tax Insights & Commentary is featuring a recurring questionnaire of prominent tax professionals who are willing to share their thoughts about their work and the practice of tax these days. Today we feature Rochelle Hodes, a principal in Washington National Tax at Crowe and former associate tax legislative counsel in the US Treasury’s Office of Tax Policy.
Week in Insights: Maine’s Vodka Warehouse Ruling Blurs PL 86-272
This week, experts examined the IRS R&D credit form, the “EU Inc.” bill, and more.
Five Questions: where prominent tax pros share thoughts about the practice of tax
Jones Day Partner-in-Charge Colleen Laduzinski: "We must clearly communicate in the simplest of terms the results of our analysis."EisnerAmper Tax Partner Dean Peterson: "The human connections with your colleagues and clients make a world of difference."Baker McKenzie Tax Chair Maria Eberle: "Our value increasingly lies in our ability to see around corners, anticipate what’s coming, and help clients prepare for the unexpected."Olshan Tax Partner Kuang-Chu ‘K.C.’ Chiang: "A good tax lawyer seeks to know the law; a better one finds solutions. But the most effective tax lawyer communicates well."
IRS’s New Opportunity Zone Guidance Won’t Fix Program’s Flaws
The latest attempts to revive the opportunity zone program risk continuing to see tax benefits allocated based on politics and geography rather than real economic need. The program should instead work to connect designation, investment, and outcome.
Pentagon Anthropic Deadlock Demands Thorough Checks on AI Use
When considering government AI use, lawmakers must pause immediate political incentives. This means establishing guardrails for what will best serve the country into the future.
Bloomberg Opinion
From Across Bloomberg Tax
- Tax Management International
- Tax Management Memo
Don’t Let Your IP Transfer Pricing Catch You Off Guard
As fast-growing companies expand across borders, failing to align IP ownership with where value is created can trigger significant tax and deal risks.
Australia PepsiCo Case Raises Royalty Questions for South Africa
In light of the PepsiCo tax case in Australia, the South African Revenue Service may argue that certain payments made under a supply or distribution agreement are royalties subject to withholding tax.
Increased Advance Pricing Agreement Demand Puts Pressure on APMA
APAs remain increasingly valuable for managing transfer pricing risk despite APMA resource constraints.
How Global Practice Could Shape Brazilian Transfer Pricing Audits
Brazil’s adoption of OECD Transfer Pricing Guidelines marks a significant shift towards global standards, presenting new challenges and opportunities for Brazilian taxpayers to align their practices with international norms and prepare for increased scrutiny.
Better Governance Helps Families Defy the Three‑Generation Curse
A concise look at how governance, transparency, and structured decision‑making enable family enterprises to endure beyond three generations.
EU Courts Reshape Transfer Pricing’s Impact on Indirect Taxes
CJEU rulings have clarified transfer pricing’s impact on VAT and customs, prompting corporate reassessment.
Popular Reads
Technical Mastery Isn’t Enough for CPAs in an AI-First World
The pace of technological change impacting accounting and compliance over the very recent past is materially ahead of what many of the largest firms publicly acknowledge, and the shift has been visible in real time.
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