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Oct 24, 2025
The National Taxpayers Union Foundation is asking the Internal Revenue Service to modify the proposed regs for the "no tax on tips" part of the One Big Beautiful Bill Act,
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Oct 24, 2025
Major U.S.-based oil and gas companies such as ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries.
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Oct 24, 2025
U.S.-based oil and gas giants like ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries.
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Oct 24, 2025
Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill Act.
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Oct 24, 2025
The Top 50 Firm acquired boutique firm KHS, expanding its geographic footprint into Northern New Jersey.
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Oct 24, 2025
Monroe Shine celebrates 100 years; Grassi releases 2025 Nonprofit Report; and more news from across the profession.
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Oct 24, 2025
Plus, Suralink unveils AI enhancements in Workpaper Suite; Zip touts price negotiation agent, other AI agents; and other accounting tech news and updates.
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Oct 24, 2025
Monthly checks for nearly 71 million Americans receiving Social Security benefits will increase by 2.8% next year, a slightly larger adjustment than in 2025.
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Oct 24, 2025
The accounting profession is facing a well-known challenge: too few young professionals are entering and staying in the field.
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Oct 24, 2025
With the latest AICPA quality management standard, SQMS 1, firms will have to take a more holistic approach to quality.
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Oct 23, 2025
QX Accounting Services is bringing together figures from across the accounting, M&A advisory, consulting and technology innovation sectors.
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Oct 23, 2025
QX Accounting Services is bringing together figures from across the accounting, M&A advisory, consulting and technology innovation sectors.
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Oct 23, 2025
The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the processing of Employee Retention Credits.
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Oct 23, 2025
The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending transactions and sale-repurchase transactions.
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Oct 23, 2025
New AI-powered features for client collaboration and audit engagements are available in CCH Axcess.
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Oct 23, 2025
AI tools can generate receipts that are indistinguishable from authentic ones, complete with accurate logos, barcodes and subtotal math.
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Oct 23, 2025
The Top 75 Firm opened Mary Street Capital, an investment bank affiliate, to expand its advisory capabilities and serve family- and founder-owned middle-market businesses.
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Oct 23, 2025
RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.
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Oct 23, 2025
RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.
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Oct 22, 2025
The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown.
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Oct 22, 2025
A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.
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Oct 22, 2025
The Carbon Measures initiative will support the development of a ledger-based framework that is similar to what exists in traditional financial accounting.
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Oct 22, 2025
Carbon Measures will support the development of a ledger-based framework that is similar to what exists in traditional financial accounting.
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Oct 22, 2025
Audit and GRC solutions provider AuditBoard announced the launch of Accelerate, its new AI solution designed for risk teams, as well as its acquisition of AI governance solutions provider Fairnow.
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Oct 22, 2025
The National Association of State Boards of Accountancy has revamped its CPAverify.org and ALD.nasba.org websites with a new design and more features.
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Oct 22, 2025
The Senate passed the Internal Revenue Service Math and Taxpayer Help Act despite the government shutdown, sending it to President Trump for his signature.
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Oct 22, 2025
PayHawk announced the launch of its Link & Control solution that allows companies to link their bank-issued corporate cards to the platform and add real-time spend controls to the business credit cards they already use.
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Oct 22, 2025
Delaware has long been known as one of the most business-friendly states, but for the past several years, companies have been moving for several reasons.
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Oct 22, 2025
BDO announced its decision to remain independent of equity investments, plans to accelerate consolidation of member firms and global leadership changes.
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Oct 22, 2025
BDO announced its decision to remain independent of equity investments, plans to accelerate consolidation of member firms, and global leadership changes.
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Oct 22, 2025
Accounting and financial reporting solutions provider SoftLedger announced a revamped partnership program with reduced pricing for certain participating firms.
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Oct 22, 2025
Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.
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Oct 22, 2025
The so-called head tax would levy $21 per employee per month on companies with at least 100 workers, to raise $100 million for community-safety programs.
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Oct 22, 2025
Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022.
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Oct 21, 2025
Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.
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Oct 21, 2025
Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.
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Oct 21, 2025
Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.
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Oct 21, 2025
The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.
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Oct 21, 2025
The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.
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Oct 21, 2025
The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.
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Oct 21, 2025
SAP announced new specialized AI Joule Agents (named for its generative AI copilot Joule) that handle travel and expense processes as well as core finance functions.
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Oct 21, 2025
Anrok Inc., a startup helping software companies automate sales tax compliance, has raised $55 million in a Series C funding round.
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Oct 21, 2025
Anrok Inc., a startup helping software companies automate sales tax compliance, has raised $55 million in a Series C funding round.
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Oct 21, 2025
For firms that want to grow, attract talent, retain top clients or future-proof their operations, this middle tier represents a powerful sweet spot.
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Oct 21, 2025
U.S. investigators are demanding a former executive's communications with the U.K. auditor and others involved in financial reporting before the startup's bankruptcy.
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Oct 21, 2025
Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
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Oct 21, 2025
Small businesses challenging the global tariffs urged the justices to affirm lower court rulings that the import levies amount to a massive tax on companies.
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Oct 21, 2025
The doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.
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Oct 21, 2025
A millionaire levy in Massachusetts has generated $3 billion more in revenue than expected without forcing significant high-profile departures from the state.
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Oct 20, 2025
Wojeski & Company has reached a $60,000 settlement with New York Attorney General Letitia James after it was hit by two data breaches and ransomware attacks.
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Oct 20, 2025
The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn't mean they're all going to have to pay it.
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Oct 20, 2025
Top 25 Firm Armanino acquired Keystone Business Services, an Oracle NetSuite provider.
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Oct 20, 2025
Tax advisors can play a significant role in alerting clients to the availability of various options and strategies for an unneeded life insurance death benefit.
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Oct 20, 2025
The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.
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Oct 20, 2025
The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.
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Oct 20, 2025
The American Institute of CPAs is continuing efforts to have accounting recognized as a Science, Technology, Engineering and Math program by the government.
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Oct 20, 2025
B&M European Value Retail SA Chief Financial Officer Mike Schmidt announced he'll step down after the company cut its guidance again due to an accounting error.
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Oct 20, 2025
Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies.
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Oct 20, 2025
Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial advisors can prepare themselves — and clients — for the changes.
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Oct 17, 2025
Gary Shapley and Joseph Ziegler reached settlements with the IRS and the Justice Department, and their lawsuit against Biden's attorney was dismissed by a judge.
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Oct 17, 2025
Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.
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Oct 17, 2025
IFAC announces new advisory group chairs; TSCPA helps proclaim November as Accounting Opportunities Month in Tennessee; and more news from across the profession.
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Oct 17, 2025
Plus, KPMG hails AI partnerships with Salesforce, Google; and other accounting technology news and updates.
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Oct 17, 2025
While combing through the 2024 data, we found large numbers of candidate scores to be missing, and potentially classified to incorrect colleges or universities, or not reported at all.
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Oct 17, 2025
Tax returns released by his campaign show he made over $4.2 million in capital gains and took a $4.8 million deduction, paying taxes on $5.9 million in income.
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Oct 16, 2025
Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.
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Oct 16, 2025
The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.
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Oct 16, 2025
The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.
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Oct 16, 2025
The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.
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Oct 16, 2025
The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.
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Oct 16, 2025
Brandon Johnson wants to close nearly half of next year's $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.
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Oct 16, 2025
Family Office of America's Maryland subsidiary acquired Maryland-based CPA firm Toone & Associates — the latest example of family offices entering the accounting space.
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Oct 16, 2025
With artificial intelligence, you can draw on the perspectives of top business leaders in real time on a wide range of subjects.
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Oct 16, 2025
Canopy announced AI-powered upgrades to its Smart Intake solution. Specifically, the company announced AI-generated client intake questionnaires as well as a completely re-imagined Engagements module.
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Oct 16, 2025
Canopy announced AI-powered upgrades to its Smart Intake solution, including a client intake questionnaires and a completely re-imagined Engagements module.
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Oct 15, 2025
Wolters Kluwer announced the launch of "Expert AI," which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit, and firm management workflows.
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Oct 15, 2025
Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.
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Oct 15, 2025
This marks the Big Four firm's fourth layoff in three years.
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Oct 15, 2025
The Trump administration's tax bill has created the opportunity to deduct domestic R&E expenses
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Oct 15, 2025
The Public Company Accounting Oversight Board found that 29% of companies with Big R restatements reported an auditor change in the year preceding the restatement.
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Oct 15, 2025
The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.
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Oct 15, 2025
Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their portfolio companies.
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Oct 15, 2025
A review of over 800 calls found that the overwhelming majority of phone interactions with Internal Revenue Service reps were courteous and professional.
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Oct 14, 2025
Prosecutors agreed to dismiss the indictment against Ver, who admitted that he failed to pay all the taxes that he owed to the IRS on the sale of Bitcoin after he renounced his U.S. citizenship.
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Oct 14, 2025
The giant automaker is taking a hit as the market for electric vehicles is reshaped by the Trump administration's removal of tax credits and other incentives.
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Oct 14, 2025
Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.
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Oct 14, 2025
Despite the government shutdown, the IRS is reminding taxpayers and tax professionals that 2024 tax returns that were put on extension are still due.
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Oct 14, 2025
Taxpayer Advocate Erin Collins warns about the potential downsides for some taxpayers of the IRS moving entirely to electronic payments.
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Oct 14, 2025
The fact that many financial advisors say they do not provide tax planning belies how much value they may add through that service, according to an expert.
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Oct 14, 2025
The billionaire NBA star told his financial advisors that if he goes broke "it ain't going to be good for you," he shared on a recent podcast.
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Oct 14, 2025
Rebekah Olson of the Maryland Association of CPAs shares how the profession must work together to develop the next generation of accountants.
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Oct 14, 2025
Whether your accounting firm should dictate what software a client will use depends on the context of your services and their needs.
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Oct 13, 2025
Why exfiltration prevention is now a compliance imperative for accounting firms
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Oct 13, 2025
Notice 2025-55 provides relief in connection with the new excise tax imposed on certain remittance transfers under the One Big Beautiful tax bill.
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Oct 13, 2025
Accountants need to navigate the double-edged sword of artificial intelligence with smart payment platforms.
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Oct 13, 2025
The next 10 years could be one of the best times in history to build a career in public accounting.
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Oct 13, 2025
An exclusive Arizent report shows that the profession is much more comfortable with technology like artificial intelligence taking over human work than you might expect
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Oct 13, 2025
Approaching the software your accounting firm uses through the lens of your overall strategy is critical.
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Oct 12, 2025
At the Internal Revenue Service, which sits within the Treasury Department, the administration plans to fire about 1,300 workers.
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Oct 10, 2025
Whitman Transition Advisors and Truvestments are launching a Bitcoin fund, called Truvestment Bitcoin Legacy Fund, where CPA firm's high-net-worth clients can buy in early.
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