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Apr 28, 2026
New GASB standards; tax cheats; along for the rideshare; and other highlights from our favorite tax bloggers.
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Apr 28, 2026
The deal, expected to close later this year, will expand Grant Thornton's presence in the Asia Pacific region.
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Apr 28, 2026
The International Public Sector Accounting Standards Board hopes to improve how financial information is presented in public sector financial statements.
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Apr 28, 2026
The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.
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Apr 28, 2026
The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.
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Apr 28, 2026
Chief executives have been seeing substantial pay gains over the past year, especially at the largest companies, according to a new analysis.
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Apr 28, 2026
The Top 50 Firm acquired St. Clair & Associates, expanding its footprint in the Northeast market.
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Apr 28, 2026
The mayor is delaying the city's $127 billion budget as he pressures the state to limit a pass-through entity tax credit used by financial businesses.
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Apr 28, 2026
Accounting firms need to steer between two equally dangerous positions when it comes technology.
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Apr 28, 2026
The House passed bipartisan legislation to strengthen the Internal Revenue Service's Whistleblower Awards Program and provide faster payouts to tipsters.
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Apr 28, 2026
The House passed bipartisan legislation to strengthen the Internal Revenue Service's Whistleblower Awards Program and provide faster payouts to tipsters.
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Apr 28, 2026
Accountaneur Advisory's inaugural survey measuring the human cost of tax season is open for participation.
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Apr 28, 2026
The IRS announced a streamlined way for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance.
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Apr 28, 2026
The IRS announced a streamlined way for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance.
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Apr 27, 2026
The PCAOB found that audit committee chairs are increasingly turning to their auditors to understand AI's impacts on a company's financial reporting and controls.
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Apr 27, 2026
The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the "portfolio layer method" when doing hedge accounting on their financial liabilities.
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Apr 27, 2026
The AICPA and CIMA announced its new "AI Skills Accelerator," an intensive multicourse program that provides a wide breadth of materials to build skills with AI and better understand the mindset needed to do so successfully.
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Apr 27, 2026
The Internal Revenue Service is offering taxpayers a new option to request more time to review a disallowance of an Employee Retention Credit claim.
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Apr 27, 2026
The House Appropriations Committee approved further budget cuts for the IRS, expanding the use of AI and data analytics to handle enforcement.
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Apr 27, 2026
Clients may be able to save thousands in taxes and prepare for a better future with the introduction of even the most rudimentary financial planning.
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Apr 27, 2026
CFO Selections, a fractional CFO firm, received a minority investment from family office Laird Norton Company.
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Apr 27, 2026
New York City Mayor Zohran Mamdani insisted his push for a new tax on pricey second homes isn't "motivated by any one individual."
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Apr 27, 2026
A judge questioned whether the president's lawsuit against the IRS and Treasury can proceed with Trump effectively in control of both sides of the litigation.
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Apr 27, 2026
While concerns remain about the profession's pipeline of new accountants, Cathy Moy, chief people officer at BDO USA, sees plenty of ways to keep it full.
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Apr 24, 2026
KPMG is eliminating approximately 100 of the partners in its U.S. audit and assurance practice after not enough of them accepted an early retirement program.
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Apr 24, 2026
The Taxpayer Advocacy Panel issued its annual report calling for improvements and greater clarity in notices, forms and publications after a year of turbulence.
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Apr 24, 2026
The Taxpayer Advocacy Panel issued its annual report calling for improvements and greater clarity in notices, forms and publications after a year of turbulence.
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Apr 24, 2026
The survey window for our "Wealth Magnets" annual ranking of the top CPA financial planners by assets under management is now open.
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Apr 24, 2026
Plus, Gusto announces 75 new features; Infinite Ties launches new FanCAS-Kit; and other accounting tech news and updates.
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Apr 24, 2026
CohnReznick opens seventh California office and adds international tax partner; Aprio appoints real estate industry leader; and more news from across the profession.
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Apr 24, 2026
The Justice Department's order delivers meaningful tax relief to the medical cannabis industry and signals a serious federal effort to align with state laws.
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Apr 24, 2026
The blue-chip auditing firm of Deloitte is being sued after signing off on the fund's financial statements before its collapse in 2025.
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Apr 24, 2026
The initial financial results have been mixed. By Luna's own accounting, the store will need to make around $500 a day to break even on monthly expenses.
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Apr 24, 2026
Charles Schwab is becoming the latest brokerage to rein in a booming but potentially risky part of its business.
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Apr 24, 2026
Tech-forward CPA firms have found that effective vendor vetting requires a systemic and intentional approach grounded not in wishful thinking but concrete business needs.
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Apr 23, 2026
The Treasury Department said the IRS will be revising the Form 990 to uncover fraud and hidden sources of funding at tax-exempt organizations.
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Apr 23, 2026
The Treasury Department said the IRS will be revising the Form 990 to uncover fraud and hidden sources of funding at tax-exempt organizations.
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Apr 23, 2026
Shell game shellacking; one tequila, two tequila; cryptocurrency con; and other highlights of recent tax cases.
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Apr 23, 2026
The International Public Sector Accounting Standards Board proposed a set of narrow changes to align them with recent guidance from the IASB.
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Apr 23, 2026
The rapidly changing profession leaves firms with a host of challenges — and opportunities.
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Apr 23, 2026
U.S. and South African accounting organizations extended a mutual recognition agreement through mid-2031, allowing accountants to practice in both countries.
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Apr 23, 2026
The accounting standards update offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.
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Apr 23, 2026
The reason integrated firms are being built and attracting clients is not because service bundling is a clever revenue trick.
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Apr 23, 2026
PricewaterhouseCoopers agreed to pay fines and compensation to settle investigations into its auditing work for the collapsed property giant.
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Apr 22, 2026
Ignite Financial Close Companion, developed in cooperation with Google and HR platform Workday, assists with the month-end closing process.
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Apr 22, 2026
The International Sustainability Standards Board decided during a meeting on Earth Day that it will propose a set of requirements for nature-related disclosures in the form of an IFRS Practice Statement.
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Apr 22, 2026
Our redesign makes finding news to grow and scale your firm easier than ever.
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Apr 22, 2026
The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.
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Apr 22, 2026
It's not that we don't have enough petroleum in our pipelines, it's that we don't have a high enough octane to perform what we need it to do.
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Apr 22, 2026
In June, voters will decide whether to impose an eight-fold increase to a gross-receipts tax on any large company doing business in the city where the highest paid executive earns 100 times or more than their median employee.
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Apr 22, 2026
Amid major disruption, firm leaders still see plenty of upside in accounting.
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Apr 21, 2026
Most magical place; Amazon warehouses; paper or plastic; and other highlights from our favorite tax bloggers.
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Apr 21, 2026
The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.
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Apr 21, 2026
The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.
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Apr 21, 2026
A judge ruled the IRS can't classify micro-captive insurance as a listed transaction, but allowed classifying it as a "transaction of interest."
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Apr 21, 2026
While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.
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Apr 21, 2026
Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.
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Apr 21, 2026
Officials in some states are seeking to regulate prediction markets like casinos, requiring the companies to apply for state licenses and pay state taxes.
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Apr 21, 2026
The firms that survive and thrive in the next 10 years won't be the ones with a great strategy alone.
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Apr 20, 2026
Businesses can file their claims for refunds on the tariffs they paid under the emergency powers that the Supreme Court has since ruled unconstitutional.
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Apr 20, 2026
Small businesses that don't qualify for a payroll tax break are still receiving it, despite the IRS's efforts to stop them, according to a new report.
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Apr 20, 2026
The IRS posted an updated fact sheet on the tax rules surrounding educational assistance benefits after the passage of the One Big Beautiful Bill Act.
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Apr 20, 2026
Golden parachutes remain a popular strategy for aligning executive and shareholders' interests in corporate transactions but can trigger significant tax penalties.
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Apr 20, 2026
Two dozen KPIs to help you figure out if your accounting firm is getting good value from its tech investments.
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Apr 20, 2026
Hong Kong listed companies must now obtain shareholder approval to change auditors, part of a regulatory push to bolster corporate governance and transparency.
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Apr 20, 2026
A short seller is taking aim at the more than $1 trillion that's invested in strategies that reduce taxes for the rich — putting one of the U.S.' most staid money managers in its crosshairs.
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Apr 20, 2026
Critics say the SEC is using disgorgement to enrich the Treasury, rather than compensate victims.
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Apr 20, 2026
Alan Whitman of Nichols Cauley looks at the factors that inform the way firms will grow in the future, and the strategies that will support them.
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Apr 17, 2026
The Financial Accounting Standards Board met to discuss accounting for transfers of crypto assets and disclosures around digital assets such as stablecoins.
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Apr 17, 2026
The IRS is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by nonprofits, individuals and businesses.
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Apr 17, 2026
CohnReznick adds chief administration and transformation officer; HCVT opens Denver metro office; and more news from across the profession.
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Apr 17, 2026
Plus, Tieout announces launch; LogicGate touts Config Newton, an agentic GRC Engineer; and other news and updates from the accounting tech world.
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Apr 17, 2026
Plus, Tieout announces launch; LogicGate touts Config Newton, an agentic GRC Engineer; and other news and updates from the accounting tech world.
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Apr 17, 2026
This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader national shift toward higher baseline pay.
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Apr 17, 2026
President Trump assailed New York Mayor Zohran Mamdani, warning that his push to ramp up taxes on the wealthy would be destructive to the nation's largest city.
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Apr 17, 2026
U.S. states are moving to establish a pipeline of large-scale renewable energy projects that can qualify for billions of dollars in expiring federal tax credits.
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Apr 17, 2026
Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax to agree on. Getting everyone else on board stands to be more complicated.
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Apr 16, 2026
Senators introduced several pieces of tax-related legislation this week, including measures aimed at improving customer service at the Internal Revenue Service, cracking down on tax evasion and curbing the carried interest tax break, in addition to efforts in the House to repeal the Corporate Transparency Act.
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Apr 16, 2026
While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments or even lost them money.
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Apr 16, 2026
The Internal Revenue Service introduced an online Tax Debt Help tool, the day after the tax deadline, to help taxpayers understand and resolve their tax debts.
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Apr 16, 2026
Failed election campaign; six-figure salary; online scam; and other highlights of recent tax cases.
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Apr 16, 2026
Understanding the differences and setting expectations properly can make or break a successful engagement.
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Apr 16, 2026
Understanding the differences and setting expectations properly can make or break a successful engagement.
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Apr 16, 2026
Anthropic's new AI model could put traders and the broader financial system at risk through the Consolidated Audit Trail, the American Securities Association said.
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Apr 15, 2026
Global economic confidence has been shaken by the war in Iran and surrounding countries, according to a new survey of accountants.
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Apr 15, 2026
U.S. executives are gradually finding their footing 15 months into the second Trump administration, according to a new survey from PricewaterhouseCoopers, although it hasn't been easy.
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Apr 15, 2026
While the majority of professional service organizations routinely use generative AI, few are measuring their ROI, and when they do it is often centered around internal metrics versus business performance.
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Apr 15, 2026
When business clients no longer need employer tax accounts, they need to close those accounts properly so they are no longer responsible for them.
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Apr 15, 2026
Frank Bisignano testified on Tax Day during a Senate hearing about this past filing season and how IRS operations were affected by the new tax deductions.
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Apr 15, 2026
In its 2025 annual report, the PCAOB found that 60% of registered firms did not perform issuer, broker-dealer or substantial-role audits.
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Apr 15, 2026
SEC chair Paul Atkins plans to release about 30 rule proposals this year. More than two-thirds will be related to corporate finance, such as scaling back corporate disclosures.
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Apr 15, 2026
Josh Gottheimer is looking to roughly double the cap on state and local tax deductions, in a bid to secure more savings for residents in high-tax states.
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Apr 15, 2026
Trump downplayed the likelihood that Republican lawmakers will be able to add tax cuts or other economic priorities to entice voters ahead of the midterms.
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Apr 15, 2026
Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.
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Apr 15, 2026
Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.
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Apr 15, 2026
The second-home plan is expected to be part of ongoing state budget negotiations and would levy a yearly surcharge on pied-à-terres.
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Apr 15, 2026
The second-home plan is expected to be part of ongoing state budget negotiations and would levy a yearly surcharge on pied-à-terres.
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Apr 15, 2026
Americans rushing to meet the tax deadline are getting bigger refunds on average thanks to Trump's tax law, though the savings are falling short of his promises.
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Apr 15, 2026
Americans rushing to meet the tax deadline are getting bigger refunds on average thanks to Trump's tax law, though the savings are falling short of his promises.
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Apr 15, 2026
IRS automated systems handle things a little differently than human examiners and practitioners should be aware of the differences.
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