|
Jun 26, 2025
Kelli Parks, owner of Calmwaters Cloud Accounting, said client discovery and onboarding can be simplified with automated processes that don't even need significant tech investments to implement.
|
|
Jun 26, 2025
A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.
|
|
Jun 26, 2025
The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.
|
|
Jun 26, 2025
Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.
|
|
Jun 26, 2025
From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.
|
|
Jun 26, 2025
The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.
|
|
Jun 26, 2025
Senate Parliamentarian Elizabeth MacDonough ruled ineligible provisions that would have limited states' ability to tax health care providers to fund Medicaid.
|
|
Jun 26, 2025
Baker Tilly, based in Chicago, is making its latest big deal, announcing its intention to acquire KraftCPAs PLLC, a Regional Leader based in Nashville.
|
|
Jun 26, 2025
One of the most practical tools leaders can use to improve decision-making is simply to pause, and give themselves a little more time to think.
|
|
Jun 25, 2025
Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.
|
|
Jun 25, 2025
Regardless of how a firm ultimately implements AI, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.
|
|
Jun 25, 2025
Speakers at Woodard's Scaling New Heights conference in Orlando noted that while AI certainly can be complicated, even simple applications can have impressive results.
|
|
Jun 25, 2025
Speakers at Woodard's Scaling New Heights conference in Orlando noted that while AI certainly can be complicated, even simple applications can have impressive results.
|
|
Jun 25, 2025
Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.
|
|
Jun 25, 2025
Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress.
|
|
Jun 25, 2025
The Top 50 Firm is taking aim at the growing problem of elder financial abuse by helping protect clients.
|
|
Jun 25, 2025
Cloud accounting platform Xero announced it will acquire payments solution provider Melio.
|
|
Jun 25, 2025
Cloud accounting platform Xero announced it will acquire payments solution provider Melio.
|
|
Jun 25, 2025
The Top 50 Firm in St. Louis is expanding its presence in the Nashville market.
|
|
Jun 25, 2025
Top 100 Firm Prager Metis CPAs partnered with Kearns Technology Inc. to launch a digital solutions company called PM IT Services.
|
|
Jun 25, 2025
While much attention has been paid to AI in audit, bookkeeping and reporting, one of the most overlooked opportunities lies in tax credits and incentives.
|
|
Jun 25, 2025
Silicon Valley leaders are throwing their weight behind the tech industry's drive to use Trump's tax bill to sweep away state regulations on artificial intelligence.
|
|
Jun 25, 2025
The Board fined Deloitte Netherlands, PwC Netherlands and EY Netherlands a total of $8.5 million after finding widespread exam misconduct on internal training tests.
|
|
Jun 25, 2025
The audit overseer fined Deloitte Netherlands, PwC Netherlands and EY Netherlands a total of $8.5 million after finding widespread exam misconduct on internal training tests.
|
|
Jun 25, 2025
Plus, Microsoft's new take on Copilot, USB flashdrives seem to be on their way out, and seven other things that happened in technology this past month and how they'll impact your clients and your firm.
|
|
Jun 25, 2025
Taxpayers made receive notices in error that say the Internal Revenue Service hasn't received their electronic payments.
|
|
Jun 24, 2025
The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.
|
|
Jun 24, 2025
The Association of Certified Fraud Examiners presented awards during its global fraud conference in Nashville.
|
|
Jun 24, 2025
DOJ clipped; seven years of Wayfair; the true reason to change the IRC; and other highlights from our favorite tax bloggers.
|
|
Jun 24, 2025
The Internal Revenue Service's Criminal Investigation unit has been experiencing ups and downs in recent years due to budget boosts and cuts from Congress.
|
|
Jun 24, 2025
The administration expects Senate leaders to bring the massive legislation to the floor on Thursday.
|
|
Jun 24, 2025
Here are the most important lessons about integrating artificial intelligence thoughtfully into accounting education.
|
|
Jun 24, 2025
Senate Republicans are aiming to wipe away budget red ink from the GOP's signature tax-and-spending bill with an unprecedented parliamentary maneuver.
|
|
Jun 24, 2025
The distinctions between the two versions of the Trump tax bill aren't huge, but they could still make a big difference.
|
|
Jun 24, 2025
Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.
|
|
Jun 24, 2025
The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut.
|
|
Jun 24, 2025
The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut.
|
|
Jun 24, 2025
Rhode Island home sellers would see a conveyance tax rise 63%, and owners of million-dollar properties would pay an additional levy if the budget is signed into law.
|
|
Jun 23, 2025
The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders.
|
|
Jun 23, 2025
The industry is awaiting SEC approval for dozens of applications, even as Vanguard's shareholder case highlights some of the tax complexity of the looming shift.
|
|
Jun 23, 2025
The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals.
|
|
Jun 23, 2025
Firm leaders Jeff Ferro and Eric Miles give an inside look at their major deal, and the middle-market focused firm they're building.
|
|
Jun 23, 2025
The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures.
|
|
Jun 23, 2025
With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent.
|
|
Jun 23, 2025
In honor of the end of Ed Mendlowitz's "The Art of Accounting," here are a double-handful of his most impactful columns.
|
|
Jun 23, 2025
President Trump's tax-and-spending agenda is nearing a climactic vote in the Senate this week.
|
|
Jun 23, 2025
Governmental Accounting Standards Board chair Joel Black discusses the many projects underway for improving accounting for state and local governments.
|
|
Jun 23, 2025
Chair Joel Black shares what the standard-setter is working on in a tough time for state and local governments.
|
|
Jun 23, 2025
Jeff Weiner shares the secrets behind his remarkable career, and the equally remarkable firm he ran.
|
|
Jun 20, 2025
The Internal Revenue Service is pushing back filing and payment deadlines for those impacted by the severe weather.
|
|
Jun 20, 2025
CBIZ appoints next national leader of advisory services; Tennessee Society of CPAs distributes annual member awards; and more news from across the profession.
|
|
Jun 20, 2025
As machines become more capable, it's becoming widely accepted that many roles will at least be augmented by AI.
|
|
Jun 20, 2025
As machines become more capable, it's becoming widely accepted that many of these roles will at least be augmented by AI.
|
|
Jun 20, 2025
Crete Professionals Alliance, announced plans to spend $500 million in cooperation with Thrive Capital—a tech-focused investment firm—to acquire CPA firms and upgrade them with AI.
|
|
Jun 20, 2025
The money represents new capital, and this initiative will run parallel to Crete's ongoing acquisition efforts.
|
|
Jun 20, 2025
The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.
|
|
Jun 20, 2025
Plus, Foxit adds 40 integrations for document management; Deloitte and SailPoint expand collaboration on identity management; and other tech news.
|
|
Jun 20, 2025
TaxFyle rolls out TXF Intelligence for smaller practitioners; Foxit adds 40 integrations for document management; Deloitte and SailPoint expand collaboration on identity management; and other tech news.
|
|
Jun 20, 2025
The Senate rules-keeper rejected provisions eliminating the Public Company Accounting Oversight Board and EPA air-pollution emissions standards.
|
|
Jun 20, 2025
The rules-keeper rejected provisions eliminating the Public Company Accounting Oversight Board and EPA air-pollution emissions standards for vehicles.
|
|
Jun 19, 2025
Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases.
|
|
Jun 19, 2025
Republican leaders are pressing to begin voting on the tax bill in the Senate at the end of next week with the goal of sending it to Trump around July 4.
|
|
Jun 19, 2025
Republican leaders are pressing to begin voting on the tax bill in the Senate at the end of next week.
|
|
Jun 19, 2025
New guidance, step-by-step instructions and useful statistics are now available for large business filers.
|
|
Jun 18, 2025
The global tax services firm recently launched the Ryan Tariff Task Force to help clients deal with the complex interplay between taxes and tariffs.
|
|
Jun 18, 2025
Firm leaders experience frustration when their partners and managers resist strategic initiatives, but by understanding what resistance means, they will be able to work through it.
|
|
Jun 18, 2025
The Chartered Institute of Management Accountants named John Graham as its next president, succeeding Simon Bittlestone, effective today.
|
|
Jun 18, 2025
New estimates from the Congressional Budget Office incorporate the broader impact the legislation would have on the economy and federal budget.
|
|
Jun 18, 2025
New York Representative Mike Lawler insisted he would not agree to cut a $40,000 cap on state and local tax deductions.
|
|
Jun 18, 2025
President Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction, a sticking point in his "One Big Beautiful Bill."
|
|
Jun 18, 2025
The Trump administration is privately considering unleashing what advocates and critics agree would be one of its biggest cudgels yet to pressure colleges.
|
|
Jun 18, 2025
Our profession truly seems to have gone from famine to feast in an accelerated timeframe, but this new abundance also requires a very different game plan to win.
|
|
Jun 18, 2025
The IRS got a case dismissed from the Tax Court by applying a taxpayer's overpayments to their earlier tax liability.
|
|
Jun 17, 2025
Private equity in the profession; green cards and exit taxes; governance for preparers; and other highlights from our favorite tax bloggers.
|
|
Jun 17, 2025
The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating taxable income.
|
|
Jun 17, 2025
A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax professionals despite cutbacks at the IRS.
|
|
Jun 17, 2025
A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax professionals despite cutbacks at the IRS.
|
|
Jun 17, 2025
Big Four firm KPMG announced the launch of its new multi-agent AI platform, Workbench, which will serve as a foundational and single AI platform.
|
|
Jun 17, 2025
Payments platform Tipalti announced it has acquired Statement, an AI-powered treasury automation solution.
|
|
Jun 17, 2025
In the age of AI, the professionals who will excel are those who invest as much in empathy, communication and critical thinking as they do in technical skills.
|
|
Jun 17, 2025
Grant Thornton Advisors is adding firms in Switzerland/Liechtenstein and the Channel Islands to its multinational platform.
|
|
Jun 17, 2025
Grant Thornton Advisors is adding firms in Switzerland/Lichtenstein and the Channel Islands to its multinational platform
|
|
Jun 17, 2025
Senate Republicans plan to modify the massive fiscal package to lower maximum deductions for state and local taxes and limit the impact of a "revenge" tax.
|
|
Jun 17, 2025
Businesses and rich universities scored wins in the Senate version of Trump's tax bill, while low-income Americans and clean energy providers were hit hard.
|
|
Jun 17, 2025
Private universities with at least 500 students that have endowments of $2 million per pupil or more would pay an excise tax of 8% under the new bill.
|
|
Jun 17, 2025
The prospect of prolonged talks with holdouts threaten Senate Majority Leader John Thune's goal of passing President Trump's tax-cut legislation by July 4.
|
|
Jun 16, 2025
Senate Republicans propose to cut trillions of dollars in taxes for households and businesses in their version of President Trump's signature economic package.
|
|
Jun 16, 2025
The bill, whose revised text was just released by the Senate, includes a number of significant tax provisions for both corporate taxpayers and nonprofits.
|
|
Jun 16, 2025
The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.
|
|
Jun 16, 2025
While the advantages to the parents often receive the most attention, a summer job could pay literal dividends to the children, experts say.
|
|
Jun 16, 2025
How do accounting firms pivot toward stability and year-round growth? It starts with three key elements.
|
|
Jun 16, 2025
RSM announced the launch of myRSM Tax, a suite of proprietary platforms that work together using AI to reduce manual processes, accelerate insight generation and ensure transparency.
|
|
Jun 16, 2025
Document security in accounting encompasses protocols for safeguarding records against unauthorized access, data breaches and loss.
|
|
Jun 16, 2025
President Donald Trump and his allies are pursuing an alternative strategy to defend against mounting court orders blocking his policies: Raise the financial stakes for those suing the administration.
|
|
Jun 16, 2025
AICPA chair Lexy Kessler looks ahead at the challenges and opportunities that are facing the profession, and what accountants need to do to be ready for them.
|
|
Jun 16, 2025
The bill text will represent a major breakthrough for the GOP as it seeks to continue to advance the centerpiece of Trump's economic agenda.
|
|
Jun 16, 2025
The bill text will represent a major breakthrough for the GOP as it seeks to continue to advance the centerpiece of Trump's economic agenda.
|
|
Jun 16, 2025
While it might intuitively seem AI and offshoring are in direct competition, offshore talent providers report that the two have instead created powerful synergies.
|
|
Jun 13, 2025
Accounting firms are reporting bigger profits and more clients, according to a new report.
|
|
Jun 13, 2025
How will private equity consolidation affect the accounting business, and what do firms and their clients need to look out for as the marketplace evolves?
|
|