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 NEWS: ACCOUNTING TODAY
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   NEWS: ACCOUNTING TODAY
Accounting Today
Jun 16, 2026

Pilot touts Meridian, says AI comparable to seasoned accountant
Bookkeeping, tax and outsourced CFO services company Pilot announced the launch of Meridian, which is said to be able to perform the full scope of bookkeeping and financial reporting.

Accounting Today
Jun 16, 2026

Gusto releases AI agents for accounting firm development
Gusto's newest release is focused on the accounting practice management arena: six new AI agents designed specifically for business development for CPA firms.

Accounting Today
Jun 16, 2026

Treasury plans guidance on new scholarship tax credit
The Treasury Department offered a preview of upcoming guidance on a new federal scholarship tax credit that was included in the One Big Beautiful Bill Act.

Accounting Today
Jun 16, 2026

Union sues IRS for interfering with free speech
The National Treasury Employees Union has filed a lawsuit against the IRS accusing it of systematically removing union materials from offices.

Accounting Today
Jun 16, 2026

Why AI could make this the best time to be a CPA
Many firms aren't prepared for the shift in capacity that's coming. The next few years will sort firms into those that used this moment to grow, and those that didn't.

Accounting Today
Jun 16, 2026

Pulling the second lever: Building an integrated advice firm
There are three proven ways a CPA firm can move beyond the revenue level to start pulling the "multiple" lever.

Accounting Today
Jun 16, 2026

Evergrande liquidators seek to quash PwC HK deal
China Evergrande's liquidators have asked a court to void a shareholder compensation deal a regulator struck with PricewaterhouseCoopers' Hong Kong affiliate.

Accounting Today
Jun 16, 2026

Evergrande liquidators seek to quash regulator's PwC HK deal
China Evergrande's liquidators have asked a court to void a shareholder compensation deal a regulator struck with PricewaterhouseCoopers' Hong Kong affiliate.

Accounting Today
Jun 16, 2026

Bondholders face $4B tax threat in credit feud
Patrick Drahi was running out of options to save his debt-ridden telecom empire. Then, his camp uncovered a new source of leverage: taxes.

Accounting Today
Jun 16, 2026

Bondholders forced to reckon with $4B tax threat in bitter credit feud
Patrick Drahi was running out of options to save his debt-ridden telecom empire. Then, Drahi's camp uncovered a new source of leverage they had on them: taxes.

Accounting Today
Jun 16, 2026

Deloitte UK to shed up to 175 auditors in voluntary job cuts
The firm is offering voluntary redundancy packages to a number of staffers in response to low levels of staff attrition in its audit practice.

Accounting Today
Jun 16, 2026

US residential solar installations set to stall for years
The U.S. residential solar industry is cratering after President Donald Trump eliminated a key tax credit for homeowners to install solar panels last year.

Accounting Today
Jun 15, 2026

IESBA decides to update code of ethics for firm culture and governance
The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.

Accounting Today
Jun 15, 2026

Kernutt Stokes to add Portland firm
Regional Leader Kernutt Stokes will acquire accounting firm Fordham & Co, effective July 1, to grow its presence in Portland, Oregon.

Accounting Today
Jun 15, 2026

RSM to add RSM Mexico to transatlantic partnership
RSM Mexico will join RSM's transatlantic platform with entities already in the U.S., the U.K., Canada and Ireland, as well as teams in India and El Salvador.

Accounting Today
Jun 15, 2026

IRS needed to backfill thousands of jobs after cutbacks
The Internal Revenue Service had to hire over 2,000 employees after reducing its workforce last year by nearly a third, according to a new report.

Accounting Today
Jun 15, 2026

Why your AP AI will fail an audit
The finance AI conversation has been dominated by capability. The next one is about governance, and most of the agents shipping in 2026 will not survive it.

Accounting Today
Jun 15, 2026

Tax planning for collegiate athletes earning NIL income
If you have clients with college-age children earning money from their name, image and likeness, are they responsible enough to handle it and protect it?

Accounting Today
Jun 15, 2026

Gavin Newsom rushes to sink California billionaire tax before June deadline
The proposal, which would impose a one-time 5% tax on a billionaire's net worth, has become one of the most closely watched political fights in California.

Accounting Today
Jun 15, 2026

Macron brushes off Trump's 100% tariff threat on French wine
French President Emmanuel Macron refused to drop the country's digital tax after Donald Trump threatened new tariffs, setting the stage for a confrontation.

Accounting Today
Jun 15, 2026

Finding the future value of tax
With AI poised to take over basic tax prep, practitioners need to double down on the value they've always added, says AICPA chair Jan Lewis.

Accounting Today
Jun 12, 2026

IASB will have new chair by October
Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.

Accounting Today
Jun 12, 2026

PCAOB: Broker-dealer audits improve
Deficiency rates in audits of broker-dealers declined in 2025, according to the Public Company Accounting Oversight Board — particularly for auditors that perform a large number of engagements.

Accounting Today
Jun 12, 2026

Tech news: Digits launches Agentic Close
Digits launches Agentic Close; Expensify, Ignition both announce new MCPs; Xero makes standard ACH free; and other news and updates from the accounting tech arena.

Accounting Today
Jun 12, 2026

Accounting undergrad enrollment up 9%
Accounting undergraduate enrollment grew 8.9% in spring 2026 year-over-year, continuing steady growth for the third consecutive year.

Accounting Today
Jun 12, 2026

AI in the tax department
How AI will — and won't — change public accounting.

Accounting Today
Jun 12, 2026

The capital stack for accounting firms
Here's a strategic guide for partners acquiring books of business and financing firm operations.

Accounting Today
Jun 12, 2026

On the move: Wolf launches a TAS practice
Plus, MarcumAsia launches a SPAC and de-SPAC practice; CrossCountry elevates two co-CEOs; and other firm and personnel news from across the profession.

Accounting Today
Jun 11, 2026

Tax Fraud Blotter: Own nothing, control everything
Ultimate frisbee team; sham sale; abusive trust; and other highlights of recent tax cases.

Accounting Today
Jun 11, 2026

Foundation assets keep growing amid tax threats
The number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.

Accounting Today
Jun 11, 2026

Crowe gets investment from KKR
The Top 20 Firm will receive an investment from private equity giant KKR, making it among the largest accounting firms to take PE money.

Accounting Today
Jun 11, 2026

States introduce AI tax changes
Some state lawmakers are introducing tax legislation targeting the growing use of artificial intelligence, according to a new report.

Accounting Today
Jun 11, 2026

Firms shouldn't spend more time and effort buying software than hiring people
Don't let your hiring process stop at the sales pitch.

Accounting Today
Jun 11, 2026

Vermont signs licensure changes into law
Vermont signed a bill into law that creates an additional pathway to CPA licensure — one of the few states left to pass changes to licensure requirements.

Accounting Today
Jun 11, 2026

R&D credits: What CPAs can delegate to AI and what they can't
AI and automation can streamline R&D work but cannot replace professional judgment or Circular 230 due diligence.

Accounting Today
Jun 11, 2026

MFS collapse triggers probe into failed UK lender's auditors
The Financial Reporting Council is probing accountancy firms linked to Market Financial Solutions Ltd., a mortgage lender backed by multiple Wall Street banks.

Accounting Today
Jun 11, 2026

China Evergrande's liquidation prompts some PwC partners to shield assets, contemplate divorce
The collapse of the property developer is raising concerns among some partners at its former auditor about the potential impact on their own finances.

Accounting Today
Jun 11, 2026

US refunds $22 billion tariffs, offsetting customs revenue
Individual tax withholdings plus Social Security and Medicare taxes collected increased to $286 billion in May from $247 billion last year, while corporate tax receipts were down 67%.

Accounting Today
Jun 11, 2026

Judge declines action on 'weaponization' fund while warning DOJ
The agreement to settle Trump's case against the IRS included a bar against audits of past tax filings by him, his family members, businesses and other government investigations.

Accounting Today
Jun 11, 2026

Florida property tax cut could strain local credit, S&P says
Local governments in Florida will face "greater credit pressure" if voters OK a plan to largely eliminate property taxes on over half of homes in the state.

Accounting Today
Jun 10, 2026

Stephano Slack scores PE funding
The Regional Leader based in Wayne, Pennsylvania, received a strategic growth investment from Madison Dearborn Partners and co-investor Norlantic Capital.

Accounting Today
Jun 10, 2026

Encourage business clients to do a post-tax season checkup with you
Here are 10 tactics for transforming your client's return from a compliance document to a planning and business development tool.

Accounting Today
Jun 10, 2026

What 831(b) plans mean for CPAs in a post-ruling environment
For years, many accountants approached 831(b) micro-captive insurance plans with caution, if not outright avoidance. The reason was understandable.

Accounting Today
Jun 10, 2026

GOP lawmakers raise doubts on prospects of third budget bill
The tax-writing Ways and Means Committee hasn't had any discussions about including tax provisions in a third reconciliation bill.

Accounting Today
Jun 10, 2026

Baker Tilly acquires Anchin
Top 10 Firm Baker Tilly will acquire Top 100 Firm Anchin, Block & Anchin, and will move its headquarters to New York City.

Accounting Today
Jun 10, 2026

FASB proposes guidance on market-return cash balance plans
The Financial Accounting Standards Board issued a proposed accounting standards update to enhance the guidance for some market-return cash balance plans.

Accounting Today
Jun 09, 2026

In the blogs: Hit 'post' too soon
Dangerous counter-trend; compliance challenges; tax-free periods; and other highlights from our favorite tax bloggers.

Accounting Today
Jun 09, 2026

Accounting has large freelancer gender pay gap
The finance and accounting sector has the largest freelancer gender pay gap of any major work category, according to a new global study.

Accounting Today
Jun 09, 2026

Two firms merge, rebrand as Proactive Advisory Group
Proactive Tax & Advisory in Babylon, New York, and Accountability Services in Seattle merged and rebranded under the name Proactive Advisory Group.

Accounting Today
Jun 09, 2026

Congress introduces bills to overhaul digital asset tax rules
Members of the tax-writing House Ways and Means Committee are holding a hearing on a legislative package that would overhaul the taxation of digital assets.

Accounting Today
Jun 09, 2026

PCAOB chair plans to overhaul inspections
Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control standard.

Accounting Today
Jun 09, 2026

Trump's $100K H-1B visa application fee rejected by judge
The president's decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated, the judge said in a ruling.

Accounting Today
Jun 09, 2026

Trump's $100K H-1B visa fee rejected
The president's decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated, the judge said in a ruling.

Accounting Today
Jun 09, 2026

Utah's Sadler Gibb adds Washington firm
The Draper, Utah-based firm acquired Assure CPA in Spokane, Washington, expanding its Pacific Northwest presence and adding public-company audit capabilities.

Accounting Today
Jun 09, 2026

The CPA exam bonus is not a CPA exam strategy
If firms want more employees to become CPAs, they need to stop treating exam support as a financial perk and start treating it as part of talent development.

Accounting Today
Jun 09, 2026

A CPA exam bonus is not a CPA exam strategy
If firms want more employees to become CPAs, they need to start treating exam support as part of talent development.

Accounting Today
Jun 09, 2026

Tax research AI usage doubles, more considering alternative billing
The number of tax practitioners using AI for research has nearly doubled in just a year, leading them to explore alternative billing models.

Accounting Today
Jun 09, 2026

Why generic AI still falls short in enterprise finance
Artificial intelligence has moved quickly from experimentation to real use inside the finance function.

Accounting Today
Jun 09, 2026

Smith Howard flips investors
The Top 100 Firm will receive an investment from TPG, as its former private equity investor Broad Sky Partners will sell substantially all of its investment.

Accounting Today
Jun 08, 2026

IRS gave 47,000 taxpayers' addresses to ICE
The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.

Accounting Today
Jun 08, 2026

IRS posts data from 2025
The Internal Revenue Service released its 2025 Data Book outlining activities during fiscal year 2025, as it continued to carry out functions despite cutbacks.

Accounting Today
Jun 08, 2026

IRS takes new approach to fighting ID theft and tax fraud
The Internal Revenue Service is restructuring the framework of its Security Summit public-private partnership to fend off tax-related identity theft.

Accounting Today
Jun 08, 2026

IRS creates Tax Professional Management Office
The new office will oversee the Return Preparer Office and the Office of Professional Responsibility, starting June 28.

Accounting Today
Jun 08, 2026

IRS plans rules for executive comp at nonprofits
Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.

Accounting Today
Jun 08, 2026

USO's Accountants Salute the Troops Council to converge on Citi Field
The Council brings leading public accounting firms together across the country to provide greater awareness of the noble mission of the USO and raise funds.

Accounting Today
Jun 08, 2026

Women aren't giving up, they're recalculating
Women who spent years being told to lean in, build networks, seek visibility and prove their value are increasingly hearing a new message: adapt again.

Accounting Today
Jun 08, 2026

Fieldguide launches long-horizon agent for audit testing
Audit and advisory solutions provider Fieldguide announced Field Orchestrator, a long-horizon agent capable of completing substantive testing workflows.

Accounting Today
Jun 08, 2026

KPMG UK scraps Covid-era policy letting staff leave early
The benefit allowed the accountancy firm's staff to finish work early on Fridays during the summer months.

Accounting Today
Jun 08, 2026

Magnetic launches tax agent with accuracy guarantee
Tax technology company Magnetic announced the rollout of an AI agent that is said to handle nearly every aspect of the 1040 prep work, including areas that require contextual analysis.

Accounting Today
Jun 08, 2026

The AICPA asks: Are you ready for accounting in 2040?
The Rise2040 report from the AICPA & CIMA outlines the profession's future - and it involves a massive amount of change.

Accounting Today
Jun 05, 2026

Financial restatements drop 18%
Corporate restatements dropped by almost a fifth in 2025, according to a report from Ideagen Audit Analytics, continuing a long-term over trend of decreases.

Accounting Today
Jun 05, 2026

Accounting loses 5,400 jobs despite strong overall report
Employers added a 172,00 jobs overall last month, but there were losses in some sectors, including accounting, tax, bookkeeping and payroll services.

Accounting Today
Jun 05, 2026

IRS starts looking for staff nationwide
The Internal Revenue Service announced a series of hiring events for entry-level customer service reps and tax examining technicians.

Accounting Today
Jun 05, 2026

On the move: ConvergenceCoaching names new class of leaders
Plus, Weaver and Wipfli name new partners; RSM turns 100; Boulay installs new MP; and other firm and personnel news from across the profession.

Accounting Today
Jun 05, 2026

'AI cannot audit itself' — a response
A reader responds to concerns about the interactions of auditors and artificial intelligence.

Accounting Today
Jun 05, 2026

How AI will reshape talent training and pipelines in accounting
Leaders now need to ensure that they can take advantage of AI, while supporting a pipeline of young talent who can grow into strong leaders themselves.

Accounting Today
Jun 05, 2026

Tech news: PwC outlines AI paradigm for enterprise
Plus, Karbon launches Kai AI co-worker, platform enhancements; Avalara rolls out Avalara Tax Essentials; and other accounting tech news and updates.

Accounting Today
Jun 05, 2026

Tech news: PwC outlines Intelligent Enterprise framework
PwC outlines Intelligent Enterprise framework; Karbon launches Kai AI co-worker, platform enhancements; Avalara rolls out Avalara Tax Essentials; and other accounting tech news and updates.

Accounting Today
Jun 05, 2026

Pathways to Growth: It's always been about the client
What exactly does the 'Year of the client' mean, and how can CPA firms deliver on the client-centric promise?

Accounting Today
Jun 04, 2026

Tax Fraud Blotter: It's a family affair
Oh snap; blood-testing lab; warning letters; and other highlights of recent tax cases.

Accounting Today
Jun 04, 2026

Doeren Mayhew adds tech firm
Michigan-based Top 100 Firm Doeren Mayhew has acquired Atlanta-based Griffin Global Technologies.

Accounting Today
Jun 04, 2026

KNAV gets follow-up investment
KNAV Advisory received another investment from NKSquared, the U.S. investment vehicle of Indian billionaire Nikhil Kamath.

Accounting Today
Jun 04, 2026

Aprio adds Massachusetts firm
The Top 25 Firm acquired Waldron H. Rand & Co. in Dedham, Massachusetts, expanding its presence in the Greater Boston area.

Accounting Today
Jun 04, 2026

AICPA and NASBA name Elijah Watt Sells Award winners
Of the CPA exam candidates who completed testing in 2025, only six passed all four sections on the first attempt to qualify for the award.

Accounting Today
Jun 04, 2026

KPMG Australia fallout widens
Australia's central bank and one of the country's biggest pension funds are distancing themselves from KPMG Australia amid whistleblower misconduct allegations.

Accounting Today
Jun 04, 2026

The 2026 Wealth Magnets: The challenges of growth
For the 2026 Top Firms by Assets Under Management, managing the growth of their own practices is as much a challenge as growing their clients' wealth.

Accounting Today
Jun 04, 2026

Accounting is a profession, and the public should care
The Education Department's refusal to characterize accounting degrees as 'professional' is much more than just a rhetorical problem.

Accounting Today
Jun 04, 2026

Boomer's Blueprint: Leadership is critical in the Age of AI
The problem is not that the technology team lacks competence. The problem is that AI transformation is not a technology project.

Accounting Today
Jun 04, 2026

Tax Strategy: The July deadline for protective refund claims for COVID tax penalties and interest
Millions of taxpayers may be potentially entitled to COVID penalty and interest relief and need to preserve that right.

Accounting Today
Jun 03, 2026

Accounting talent shortage surges
The average number of open accounting and finance roles per company has skyrocketed to 17, up from five in 2025 and just two in 2024, according to a new report.

Accounting Today
Jun 03, 2026

Tax as deal architecture
In divestitures, tax does more than optimize a chosen structure. Tax influences whether a deal perimeter, legal entity structure, diligence story and separation plan are workable.

Accounting Today
Jun 03, 2026

Private sector added 122K jobs in May
Employment in the private sector grew by 122,000 jobs last month, payroll giant ADP reported Wednesday, in a positive sign for the economy despite rising inflation and fears of AI displacing entry-level positions.

Accounting Today
Jun 03, 2026

San Diego rejects tax on second homes left vacant much of year
A budget analyst estimated about 5,100 properties would have been eligible for the tax, generating between $9.2 million to $21.4 million in its first year.

Accounting Today
Jun 03, 2026

Trump blames court block for collapse of 'weaponization' fund
The administration won't move forward with the fund, a key pillar of the agreement with the IRS and Treasury Department over leaks of Trump's tax information.

Accounting Today
Jun 03, 2026

Fraud verdict deals blow to short sellers' dwindling ranks
Forensic accounting requires significant resources, including the reserves to fight the legal challenges that are likely to follow.

Accounting Today
Jun 03, 2026

Trump to drop $1.8B fund in IRS deal, keeps tax probe ban
The Department of Justice will still provide immunity from any probes into the president's past tax filings under a deal agreed to last month.

Accounting Today
Jun 03, 2026

DeSantis plan to cut Florida property taxes heads to ballot
Florida lawmakers approved a stripped-down version of a proposal from Gov. Ron DeSantis to slash property taxes, removing local school districts from the plan.

Accounting Today
Jun 03, 2026

Ramp launches Stack for accounting firms
Financial operations platform Ramp announced the launch of Ramp Stack, described as an AI-based operating system built as the company's first product specifically for accounting firms.

Accounting Today
Jun 03, 2026

Wolters Kluwer to work with OpenAI on new features
Wolters Kluwer announced an expanded enterprise collaboration with OpenAI to develop and release AI native solutions, with a pipeline of new AI-based features.

Accounting Today
Jun 03, 2026

Wolters Kluwer to work with OpenAI to develop new features
Wolters Kluwer announced an expanded enterprise collaboration with OpenAI to develop and release AI native solutions, with a pipeline of new AI-based features.

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