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 NEWS: ACCOUNTING TODAY
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   NEWS: ACCOUNTING TODAY
Accounting Today
Jul 02, 2025

Trump's tax bill set to help SoFi, other private student lenders
The bill limits how much students and their parents can borrow for college from the government.

Accounting Today
Jul 02, 2025

CPA develops tools for accountants with dentist, veterinarian clients
Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.

Accounting Today
Jul 02, 2025

Inside the Senate version of the OBBBA
A look at the key tax provisions of the semi-final version of the Trump administration's One Big Beautiful Bill Act.

Accounting Today
Jul 02, 2025

Want cheaper solar panels, home batteries or a heat pump? Better act soon
The Senate's passage of legislation to eliminate incentives for clean energy means homeowners likely have until the end of the year before costs soar.

Accounting Today
Jul 02, 2025

Want cheaper solar panels? Better act soon
The Senate's passage of legislation to eliminate incentives for clean energy means homeowners likely have until the end of the year before costs soar.

Accounting Today
Jul 02, 2025

Why check fraud is on the rise in 2025 and tech's response
Now more than ever, businesses globally have become increasingly susceptible to financial fraud.

Accounting Today
Jul 02, 2025

Tech's response to the rise of check fraud
Now more than ever, businesses globally have become increasingly susceptible to financial fraud.

Accounting Today
Jul 02, 2025

Private sector loses 33K jobs
Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported.

Accounting Today
Jul 02, 2025

Private sector lost 33K jobs in June
Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported.

Accounting Today
Jul 02, 2025

House GOP hardliners warn of a delay to tax vote
President Trump is meeting with a faction of conservative lawmakers at the White House who have threatened to sink his signature tax legislation.

Accounting Today
Jul 02, 2025

House Republican hardliners warn of a delay to tax vote
President Trump is meeting with a faction of conservative lawmakers at the White House who have threatened to sink his signature tax legislation.

Accounting Today
Jul 02, 2025

Armanino planning data warehouse, used AI to help development
The Top 25 Firm plans to launch a data warehouse service for smaller organizations this year and has been using AI to develop some of its rollout strategies.

Accounting Today
Jul 02, 2025

Armanino uses AI to develop data warehouse service
The Top 25 Firm plans to launch a data warehouse service for smaller organizations this year and has been using AI to develop some of its rollout strategies.

Accounting Today
Jul 02, 2025

Security, simplicity and digitization should be IRS priorities: ETAAC
The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.

Accounting Today
Jul 02, 2025

CFOs split on impact of Trump tax bill
But tariffs and the impact of government debt on the economy remain major concerns, according to a Grant Thornton survey.

Accounting Today
Jul 02, 2025

North Carolina signs licensure changes bill into law
North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. 1, 2026.

Accounting Today
Jul 02, 2025

The VAR 100: Keeping clients up to date
The top accounting software resellers of 2025 share the major trends they're seeing, from upgrading to new ERP systems, making the most of old ones, and much more.

Accounting Today
Jul 02, 2025

Boomer's Blueprint: Engagement is a competitive necessity
Loyal clients and motivated employees lead to innovation, improved services, and enhanced reputation, all of which drive further engagement.

Accounting Today
Jul 01, 2025

M&A roundup: LMC, Sorren and Alpine Mar expand
LMC merges in Kepniss; Sorren adds Williams Overman Pierce; and Alpine Mar acquires Elliot Melamed.

Accounting Today
Jul 01, 2025

IESBA tax planning ethics standards take effect
The first global Ethics Standards on Tax Planning are effective.

Accounting Today
Jul 01, 2025

What's in the Trump tax bill that just passed the Senate
President Donald Trump's multitrillion-dollar tax and spending package moved closer to reality after it passed the Senate.

Accounting Today
Jul 01, 2025

UHY adds Ohio firm
Top 50 Firm UHY added Cincinnati-based firm Flynn & Company, expanding its reach into Ohio.

Accounting Today
Jul 01, 2025

Small business jobs and wages held steady in June
Job and wage growth at small businesses remained stable in June, despite some moderation, payroll company Paychex reported.

Accounting Today
Jul 01, 2025

Trump's tax bill passes Senate as Republicans notch major win
The $3.3 trillion tax and spending cut bill passed the Senate after a furious push by Republican leaders to persuade holdouts to back the legislation.

Accounting Today
Jul 01, 2025

Senate passes Trump tax bill
The Senate narrowly approved President Trump's tax bill after Vice President JD Vance cast a tie-breaking vote following no votes from three Republican senators.

Accounting Today
Jul 01, 2025

A strategic reset in federal financial auditing
The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.

Accounting Today
Jul 01, 2025

Ascend adds two East Coast firms
Ascend added two more CPA firms: BGW in Charlotte, North Carolina, and Tronconi Segarra & Associates in Williamsville, New York, effective July 1.

Accounting Today
Jul 01, 2025

Senate strips AI provision from tax bill
In a 99-1 vote, the Senate killed a controversial effort to prevent U.S. states from regulating artificial intelligence.

Accounting Today
Jul 01, 2025

Senate votes 99-1 to strip AI provision from Trump's tax bill
The Senate killed a controversial effort to prevent U.S. states from regulating artificial intelligence.

Accounting Today
Jul 01, 2025

Musk bashes tax bill, reigniting feud with Trump
After Musk criticized the administration's tax bill, Trump threatened to withdraw government subsidies from Musk's companies and examine his immigration status.

Accounting Today
Jul 01, 2025

Trump-Musk battle restarts after billionaire bashes tax bill
Trump threatened to withdraw government subsidies from Musk's companies and examine the billionaire's immigration status after he criticized the tax bill.

Accounting Today
Jul 01, 2025

Senate leaders pressure holdouts ahead of tax bill vote
The Senate worked through the night on the $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning.

Accounting Today
Jul 01, 2025

Senate leaders pressure holdouts ahead of Trump tax bill vote
The Senate worked through the night on the $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning.

Accounting Today
Jul 01, 2025

Fighting the IRS: Pick your windmills
Helping clients through tax controversy cases with the IRS means knowing which battles are winnable.

Accounting Today
Jul 01, 2025

Giving OICs a bad name
Offer in compromise mills make promises to reduce taxpayers' debt to the IRS that they know they can't keep.

Accounting Today
Jun 30, 2025

Bill releases AR solution for suppliers
Bill announced the launch of its new Supplier Payments Plus, an AR solution to help suppliers receive and process large numbers of payments from small and medium-sized businesses.

Accounting Today
Jun 30, 2025

ASL adds talent hub in India
Abbott, Stringham & Lynch launched a talent hub in Hyderabad, India, called ASL Global Advisors Private Limited on June 23.

Accounting Today
Jun 30, 2025

How to make sense of the bumpy political road for municipal bonds
Politics are playing an outsize role in portfolio management. Here's how experts see the fixed-income sector changing under the pending One Big Beautiful Bill Act.

Accounting Today
Jun 30, 2025

PwC's AI chief says firm has cut prices as tech saves staff time
The price cuts speak to a long-held belief among some AI experts that the widespread proliferation will eventually lead to consumers paying less for products.

Accounting Today
Jun 30, 2025

PwC's AI chief: Firm has cut prices as tech saves staff time
The price cuts speak to a long-held belief among some AI experts that the widespread proliferation will eventually lead to consumers paying less for products.

Accounting Today
Jun 30, 2025

PwC names batch of new Hong Kong, China partners to revive firm
PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following Evergrande collapse.

Accounting Today
Jun 30, 2025

PwC names new Hong Kong, China partners to revive firm
PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following Evergrande collapse.

Accounting Today
Jun 30, 2025

Why accountants can't stop thinking about work (and what to do about it)
The Zeigarnik Effect tells us that unfinished tasks occupy more space in the human brain than completed ones.

Accounting Today
Jun 30, 2025

Why accountants can't stop thinking about work — and what to do about it
The Zeigarnik Effect tells us that unfinished tasks occupy more space in the human brain than completed ones.

Accounting Today
Jun 30, 2025

Senate bill preserves pass-through entity deduction
The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

Accounting Today
Jun 30, 2025

Trump, Republicans rush to overcome internal clashes on tax bill
Senate Republicans remain at odds over how much to cut Medicaid and other social safety-net programs and how rapidly to end Biden-era clean energy tax breaks.

Accounting Today
Jun 30, 2025

SCOTUS rebuffs bid to protect Coinbase user data from IRS
The U.S. Supreme Court refused to question an IRS summons that forced Coinbase to turn over transaction information for over 14,000 cryptocurrency customers.

Accounting Today
Jun 30, 2025

Supreme Court rebuffs bid to protect Coinbase user data from IRS
The U.S. Supreme Court refused to question an IRS summons that forced Coinbase to turn over transaction information for over 14,000 cryptocurrency customers.

Accounting Today
Jun 30, 2025

Republicans agree to mask $3.8 trillion of Trump tax bill costs
GOP senators voted in favor of the plan to count the extension of Trump's 2017 tax cuts as costing nothing by using an unprecedented accounting maneuver.

Accounting Today
Jun 30, 2025

Accounting maneuver could mask $3.8T of Trump tax bill costs
GOP senators voted in favor of the plan to count the extension of Trump's 2017 tax cuts as costing nothing by using an unprecedented accounting maneuver.

Accounting Today
Jun 30, 2025

Canada drops digital tax that infuriated Trump to restart trade talks
Canada has withdrawn its digital services tax on technology companies such as Meta and Alphabet in a move to restart trade talks with the U.S.

Accounting Today
Jun 30, 2025

Canada drops digital tax to restart trade talks
On Friday, President Trump had said he was ending all trade discussions with Canada, one of its largest trading partners, in retaliation for the digital tax.

Accounting Today
Jun 30, 2025

Audit accelerates
Technology is driving transformation in audit at an ever-faster pace, says EY's Paul Goodhew.

Accounting Today
Jun 29, 2025

Senate GOP restores Medicaid cuts to Trump tax package
Senate Republicans restored major Medicaid cuts to Trump's signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.

Accounting Today
Jun 29, 2025

Trump tax bill advances in Senate after Vance pressures holdouts
The $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance, GOP leaders and Republican holdouts.

Accounting Today
Jun 29, 2025

Trump tax bill advances in Senate as GOP scrounges for votes
The $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance, GOP leaders and Republican holdouts.

Accounting Today
Jun 27, 2025

Trump ends trade talks with Canada, threatens to set tariff
President Trump said he was ending all trade discussions with Canada in retaliation for its digital services tax, and threatened to impose a fresh tariff rate.

Accounting Today
Jun 27, 2025

Senate GOP nears finish line on Trump's big, beautiful bill
Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters.

Accounting Today
Jun 27, 2025

Trump speeds up tax bill deadline as tentative SALT deal reached
President Trump amped up pressure on Congress to speed the passage of his tax-cut bill as Republicans reached a tentative deal on the state and local tax deduction.

Accounting Today
Jun 27, 2025

Trump says July 4 tax bill deadline isn't final
The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package.

Accounting Today
Jun 27, 2025

Trump says July 4 tax-cut bill deadline isn't the 'end all' date
The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package.

Accounting Today
Jun 27, 2025

SCOTUS upholds $8.6B telecom subsidy fund
Voting 6-3, the justices rejected contentions that Congress unconstitutionally handed off its taxing powers.

Accounting Today
Jun 27, 2025

Supreme Court upholds $8.6B FCC telecom subsidy fund
Voting 6-3, the justices rejected contentions that Congress unconstitutionally handed off its taxing powers when it set up the program in 1976.

Accounting Today
Jun 27, 2025

On the move: Louis Plung & Co. names co-MP
ICPAS bestows 2025 Lifetime Achievement Award; UHY appoints first chief growth officer; and more news from across the profession.

Accounting Today
Jun 27, 2025

CPA judgment still needed despite uptick in AI use
AI-driven firms fail to mention that if their AI-generated tax advice results in an audit, their customers, not the firms themselves, are held legally liable.

Accounting Today
Jun 27, 2025

Tech News: Prager Metis teams with Kearns Technology
Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.

Accounting Today
Jun 27, 2025

Senate gun, silencer provisions blocked from Trump tax bill
Effort to use the tax bill to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers have hit a roadblock with the rules-keeper.

Accounting Today
Jun 27, 2025

Gun, silencer provisions blocked from Trump tax bill
Effort to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers hit a roadblock with the Senate parliamentarian.

Accounting Today
Jun 27, 2025

Pennsylvania passes licensure changes bill
The Pennsylvania Legislature passed a bill that establishes an additional path to CPA licensure, and it awaits Gov. Josh Shapiro's signature.

Accounting Today
Jun 26, 2025

Does your app share client data? Look for 'subprocessors'
Just because you think your client data is protected, and just because a company claims it keeps this data private, does not necessarily mean it's true, according to K2's Randy Johnston.

Accounting Today
Jun 26, 2025

Tax Fraud Blotter: Boundless energy
Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases.

Accounting Today
Jun 26, 2025

Automating lead generation, onboarding can save time, sanity
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.

Accounting Today
Jun 26, 2025

Treasury deal halts 'revenge tax' that spooked Wall Street
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.

Accounting Today
Jun 26, 2025

SEC kicks off review of rules governing executive pay and perks
The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.

Accounting Today
Jun 26, 2025

Intuit debuts AI agents for QuickBooks
Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.

Accounting Today
Jun 26, 2025

Rethinking the trade deficit
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.

Accounting Today
Jun 26, 2025

Treasury close to deal that would make 'revenge tax' irrelevant
The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.

Accounting Today
Jun 26, 2025

Trump tax bill hits $250B health-care snag in Senate
Senate Parliamentarian Elizabeth MacDonough ruled ineligible provisions that would have limited states' ability to tax health care providers to fund Medicaid.

Accounting Today
Jun 26, 2025

Baker Tilly to acquire KraftCPAs
Baker Tilly, based in Chicago, is making its latest big deal, announcing its intention to acquire KraftCPAs PLLC, a Regional Leader based in Nashville.

Accounting Today
Jun 26, 2025

Making better decisions under pressure
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.

Accounting Today
Jun 25, 2025

Keep ethics top of mind when using AI
Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.

Accounting Today
Jun 25, 2025

Speaker: When using AI, keep ethics in mind
Regardless of how a firm ultimately implements AI, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.

Accounting Today
Jun 25, 2025

Speakers: AI can be complex but starting out can be simple
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.

Accounting Today
Jun 25, 2025

Starting out with AI can be easier than you think
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.

Accounting Today
Jun 25, 2025

Digits says its AI agents can automate 95% of bookkeeping
Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

Accounting Today
Jun 25, 2025

After 'successful' season, new IRS problems loom: TAS
Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress.

Accounting Today
Jun 25, 2025

Bonadio probes elder financial abuse
The Top 50 Firm is taking aim at the growing problem of elder financial abuse by helping protect clients.

Accounting Today
Jun 25, 2025

Xero to buy payments platform Melio for $2.5 billion
Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

Accounting Today
Jun 25, 2025

Xero to buy payments platform Melio for $2.5B
Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

Accounting Today
Jun 25, 2025

RubinBrown merges in Maggart
The Top 50 Firm in St. Louis is expanding its presence in the Nashville market.

Accounting Today
Jun 25, 2025

Prager Metis launches digital solutions company
Top 100 Firm Prager Metis CPAs partnered with Kearns Technology Inc. to launch a digital solutions company called PM IT Services.

Accounting Today
Jun 25, 2025

AI offers opportunities in tax credit, incentive management
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.

Accounting Today
Jun 25, 2025

AI titans flex clout to leverage tax bill to override state laws
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.

Accounting Today
Jun 25, 2025

PCAOB fines Deloitte, PwC, EY member firms for exam misconduct
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.

Accounting Today
Jun 25, 2025

PCAOB fines Dutch Big Four member firms for exam misconduct
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.

Accounting Today
Jun 25, 2025

The death of spreadsheets, and other tech stories you may have missed
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.

Accounting Today
Jun 25, 2025

IRS acknowledges payment delays
Taxpayers made receive notices in error that say the Internal Revenue Service hasn't received their electronic payments.

Accounting Today
Jun 24, 2025

PCAOB permanently bars repeat offender
The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

Accounting Today
Jun 24, 2025

ACFE hosts fraud fighters
The Association of Certified Fraud Examiners presented awards during its global fraud conference in Nashville.

Accounting Today
Jun 24, 2025

In the blogs: Here to stay
DOJ clipped; seven years of Wayfair; the true reason to change the IRC; and other highlights from our favorite tax bloggers.

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