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   NEWS: ACCOUNTING TODAY
Accounting Today
Sep 12, 2025

IRS to phase out paper checks by end of September
The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.

Accounting Today
Sep 12, 2025

Internal auditors expand their scope
The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Accounting Today
Sep 12, 2025

Tech news: Accordance touts 'AI brain' for accountants
Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

Accounting Today
Sep 12, 2025

ConvergenceCoaching, NYCPA launch leadership program
The program, designed for young accountants, begins September 24 and includes six virtual sessions worth 12 CPE credits.

Accounting Today
Sep 12, 2025

The role of disclosure controls in IPO readiness
Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.

Accounting Today
Sep 12, 2025

Digital tax derided by Trump is backed by French court
Trump has long argued that digital services taxes are discriminatory against the likes of Amazon.com Inc. and Meta Platforms Inc.

Accounting Today
Sep 12, 2025

Closing the AI leadership gap in audit and advisory
There's wide consensus that AI will shape the future of the profession. But there's also uncertainty about what to do next, and even more so how to get there.

Accounting Today
Sep 12, 2025

On the move: REDW appoints forensic practice leader
David Bundy announces retirement as Dean Dorton CEO; MassCPAs honors 2025 Women to Watch; and more news from across the profession.

Accounting Today
Sep 11, 2025

Tax Fraud Blotter: Universal recipients
License to steal; roll the Tape; Kings and Queens and cons; and other highlights of recent tax cases.

Accounting Today
Sep 11, 2025

A 'new adventure' for charitable giving, itemizing under OBBBA
A limited federal tax credit, an above-the-line deduction for non-itemizers and restrictions on those of itemizers represent three of the biggest shifts under the new law.

Accounting Today
Sep 11, 2025

Bloomberg predicts U.S. tax brackets for 2026
Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.

Accounting Today
Sep 11, 2025

PCAOB offers advice for broker-dealer auditors
The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.

Accounting Today
Sep 11, 2025

PCAOB offers guidance for broker-dealer auditors on exemption report reviews
The PCAOB staff is continuing to see deficiencies related to the review procedures required by Attestation Standard No. 2.

Accounting Today
Sep 11, 2025

White House proposes to get rid of 60 accounting requirements for contractors
The White House Office of Management and Budget's Cost Accounting Standards Board is proposing to eliminate dozens of accounting requirements for federal contractors that it considers "unnecessary and redundant."

Accounting Today
Sep 11, 2025

Hurricane Katrina: An accountant looks back
When people think of the public accounting profession, they often don't realize that what we do can have a monumental impact on people's lives.

Accounting Today
Sep 11, 2025

SEC chair threatens IFRS recognition
Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.

Accounting Today
Sep 11, 2025

Will the HIRE Act hurt outsourcing?
The legislation currently moving through Congress could have dire tax implications for CPA firms that use global outsourcing.

Accounting Today
Sep 10, 2025

In the blogs: Heading into fall
Reducing K-1 penalties; another use for property taxes; 183 isn't always added up the same; and other highlights from our favorite tax bloggers.

Accounting Today
Sep 10, 2025

Deloitte US asks India staff to return to office two days a week
The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the country.

Accounting Today
Sep 10, 2025

Democrats protest corporate AMT loopholes
A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.

Accounting Today
Sep 10, 2025

How AI is exposing the cracks in professional development
The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

Accounting Today
Sep 10, 2025

SEC gets chief for unit overseeing IPOs, corporate disclosures
James Moloney, a partner at the law firm Gibson, Dunn & Crutcher, will head the SEC's division of corporation finance starting next month.

Accounting Today
Sep 10, 2025

Podcasters and OnlyFans creators stand to win big under Trump's tax law
Katherine Green, a dominatrix who creates online adult videos, wasn't expecting a windfall from President Donald Trump's signature push to make tips tax-free.

Accounting Today
Sep 10, 2025

CPA firms see revenue, profits and compensation rise
Accounting firms are reporting strong growth in revenue, along with continuing increases in staff compensation, including for entry-level accountants, according to a new survey from the American Institute of CPAs.

Accounting Today
Sep 10, 2025

19% lost $100 or more on bad AI financial advice
A recent report has found that a significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more from following said advice.

Accounting Today
Sep 10, 2025

19% lost money on bad AI financial advice
A significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more.

Accounting Today
Sep 10, 2025

Accounting Today calls for nominations for Top 100 People
The annual list recognizes thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

Accounting Today
Sep 09, 2025

Five firms merge to create nat'l accounting 'powerhouse'
A group of firms is combining under the Richey May brand to create a national footprint and rank among the Top 50 Firms.

Accounting Today
Sep 09, 2025

Five firms merge to create national accounting 'powerhouse'
A group of accounting and advisory firms is joining forces under the Richey May brand to create a national footprint and rank among the top 50 in the U.S.

Accounting Today
Sep 09, 2025

Meet the 2025 Best Midsized and Large Firms to Work For
An introduction to the midsized and large members of Accounting Today's annual ranking of the top workplaces in the profession.

Accounting Today
Sep 09, 2025

Meet the 2025 Best Small Firms to Work For
An introduction to the small members of Accounting Today's annual ranking of the top workplaces in the profession.

Accounting Today
Sep 09, 2025

Transferable tax credit market grew, but not for wind and solar
The market for transferable tax credits for clean energy grew in the past year, but moves by the Trump administration blocked wind and solar energy.

Accounting Today
Sep 09, 2025

NASBA releases app
The National Association of State Boards of Accountancy launched a CPA Mobile App, bringing key functions of the NASBA CPA Portal to mobile devices.

Accounting Today
Sep 09, 2025

NASBA releases app for CPA exam candidates
The National Association of State Boards of Accountancy launched a CPA Mobile App, bringing key functions of the NASBA CPA Portal to mobile devices.

Accounting Today
Sep 09, 2025

Forvis Mazars revenue growth down from recent years
Top 10 Firm Forvis Mazars grew its U.S. revenue by 4% to $2.24 billion in 2025, down from recent years.

Accounting Today
Sep 09, 2025

Tax changes bring liquidity, but will small businesses miss out?
SMBs represent a vital segment of the U.S. economy, and every dollar saved in taxes can be the decisive factor for survival, competitiveness and growth.

Accounting Today
Sep 09, 2025

B. Riley to change auditor after reporting delays
Marcum LLP will be succeeded by BDO USA once Marcum has completed the 2024 audit of the Los Angeles-based brokerage.

Accounting Today
Sep 09, 2025

BlackLine debuts Verity AI suite
BlackLine, which provides automation software for accounting and finance, announced the launch of a comprehensive suite of AI capabilities called Verity.

Accounting Today
Sep 09, 2025

Auditoria launches SmartResearch AI solution
Finance and accounting solutions provider Auditoria AI-driven solution combines enterprise-level ERP data with commercial financial intelligence feeds.

Accounting Today
Sep 09, 2025

Fieldguide releases AI Maturity Framework for firms
Advisory and audit solutions provider Fieldguide hopes CPA firms will cut through the hype that characterizes much of the AI landscape today.

Accounting Today
Sep 08, 2025

IESBA offers guidance on using external experts, sustainability assurance
The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.

Accounting Today
Sep 08, 2025

Early-career accountants overestimate their skills
Early-career accountants rated their skills higher on average compared to how managers rated them, according to an Illinois CPA Society report.

Accounting Today
Sep 08, 2025

IRS plans to close 9 Taxpayer Assistance Centers
The Internal Revenue Service plans to shut down nine in-person Taxpayer Assistance Centers in six states as part of the administration's cost-cutting moves.

Accounting Today
Sep 08, 2025

5 tax challenges that beg for better tools for financial advisors
Cerulli's research based on a survey of wealth and asset management firms suggest that firms have only just begun to address clients' comprehensive planning needs.

Accounting Today
Sep 08, 2025

Bad tax advice on social media leads to $162M in IRS penalties
The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.

Accounting Today
Sep 08, 2025

IRS levies $162M in penalties for false tax credits promoted on social media
The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.

Accounting Today
Sep 08, 2025

The case for zero-touch AR
Zero-touch AR represents a fundamental reimagining of the receivables function.

Accounting Today
Sep 08, 2025

Scaramucci struggles to spin a Trump tax break into profit for clients
The hedge fund manager known promised wealthy investors that he could help them take advantage of opportunity zones.

Accounting Today
Sep 08, 2025

Ghana taps KPMG to advise on telecom stakes
Ghana has hired Big Four firm KPMG to advise on investments it is making with a view to creating a second strong operator in its wireless industry.

Accounting Today
Sep 08, 2025

Ghana taps KPMG to advise on telecom stakes to end losses
Ghana has hired accounting firm KPMG to advise on its investments in AT Ghana Ltd. and a unit of Telecel Group, with the view of creating a second strong operator in its wireless industry.

Accounting Today
Sep 08, 2025

How tech Is quietly solving audit's most persistent pain points
The real story isn't about replacing auditors. It's about giving them back time, improving quality and enabling better judgment with fewer distractions.

Accounting Today
Sep 05, 2025

Tax Fraud Blotter: Rainy day feelings
Diversionary tactic; bad intentions; keeping it real; and other highlights of recent tax cases.

Accounting Today
Sep 05, 2025

AI automation shifts staff training
In the age of AI automation, firms are developing staff less with on-the-job learning in repetitive tasks and more formal training and mentorship that emphasizes critical thinking and skepticism.

Accounting Today
Sep 05, 2025

AI raising concerns of skill erosion in entry level
AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry-level accountants, raising questions.

Accounting Today
Sep 05, 2025

AI raising concerns of skill erosion in entry levels
AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry level accountants. This has raised questions as to how the new generation will develop foundational skills for higher level work.

Accounting Today
Sep 05, 2025

Congress proposes to eliminate taxes on Social Security, extend Obamacare tax credits
Lawmakers introduced two pieces of legislation to completely eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance for one year

Accounting Today
Sep 05, 2025

Elevate launches, acquires TYS Advisors
Elevate, a new family office-backed platform firm, made its first acquisition with TYS Advisors, effective Aug. 1.

Accounting Today
Sep 05, 2025

Tech news: Xero announces new upgrades
Plus, ADP launches wave of new AI features; Deloitte announces AI Infrastructure Center of Excellence; and other accounting tech updates.

Accounting Today
Sep 05, 2025

Trump makes big changes to federal grantmaking policies
The executive order aims to strengthen accountability over the spending of taxpayer funds through improved oversight and coordination of grantmaking.

Accounting Today
Sep 05, 2025

Trump's tariffs leave US business tied up in costly red tape
The bureaucratic burden is a less-discussed consequence of Trump's move to hike import taxes to a hundred-year high.

Accounting Today
Sep 05, 2025

Employers added 22K jobs in August, including 700 in accounting
The economy showed further signs of a slowdown as the unemployment rate edged up one-tenth of a point to 4.3%.

Accounting Today
Sep 04, 2025

Xero's JAX AI gains agentic capacities
Xero announced new and upcoming agentic capacities for its Just Ask Xero (JAX) AI model, which the company now dubs a "financial superagent" as it will independently complete certain workflows.

Accounting Today
Sep 04, 2025

IRS withdraws passport revocation rules for taxpayers
The State Department can disclose tax return information to contractors who help revoke or deny a passport of anyone with a seriously delinquent tax debt.

Accounting Today
Sep 04, 2025

Audit committee chairs face growing demands
Leaders of corporate audit committees are confronting new and emerging challenges, according to a new report from Deloitte.

Accounting Today
Sep 04, 2025

Execs' economic outlook improves slightly
Business executives' outlook on the economy slightly improved since last quarter, but they are still wary of inflation and tariff impacts, according to the AICPA and CIMA.

Accounting Today
Sep 04, 2025

Private employers added 54K jobs in August
The private sector added only 54,000 jobs last month, payroll giant ADP reported, as the job market showed further signs of a slowdown.

Accounting Today
Sep 04, 2025

AI data centers near tax break with $165B of phantom debt
Commissioners in a New Mexico county voted four to one to advance a resolution that would provide tax breaks to the backer of a massive data center development.

Accounting Today
Sep 04, 2025

Smith Howard adds Horton, Lee & Burnett
Top 100 Firm Smith Howard acquired Birmingham, Alabama-based Horton, Lee & Burnett, expanding its Southeast footprint.

Accounting Today
Sep 04, 2025

Smith Howards adds Horton, Lee & Burnett
Top 100 Firm Smith Howard acquired Birmingham, Alabama-based Horton, Lee & Burnett, expanding its Southeast footprint.

Accounting Today
Sep 04, 2025

GM cuts Bolt EV production plan as tax credit loss looms
General Motors will launch the Chevrolet Bolt electric vehicle in December with one shift at its plant in Kansas, less than the two shifts initially planned.

Accounting Today
Sep 04, 2025

Savant adds PrairieView Partners
Registered investment advisor Savant Wealth Management acquired PrairieView Partners, a CPA-led RIA based in St. Paul, Minnesota.

Accounting Today
Sep 04, 2025

Citrin Cooperman acquires ORBA
The Top 25 Firm based in New York, is acquiring Ostrow Reisin Berk & Abrams, Ltd., a Regional Leader based in Chicago.

Accounting Today
Sep 04, 2025

The capacity crunch: Better ways to hire now
Accounting firms are adjusting their recruitment strategies to meet current market demands.

Accounting Today
Sep 03, 2025

AICPA offers guidance on auditing crypto lending
The American Institute of CPAs has updated its practice aid on digital assets with a new chapter on auditing cryptocurrency lending and borrowing transactions.

Accounting Today
Sep 03, 2025

Health insurers avoided $34B in taxes while denying claims
Eight major health care giants saved billions in taxes thanks to the Tax Cuts and Jobs Act, while increasing costs, denying care and cutting staff.

Accounting Today
Sep 03, 2025

PCAOB posts technology in audit recommendations
The Technology Innovation Alliance Working Group gave the Public Company Accounting Oversight Board four recommendations to promote responsible use of technology in audits.

Accounting Today
Sep 03, 2025

Talent shortages, busy season, tech disruption — all good
Start viewing challenges or disruptions as a gateway to get better, stronger and more resilient. This mindset shift is exactly what accounting firms need today.

Accounting Today
Sep 03, 2025

Trump to ask SCOTUS for expedited tariff ruling
Trump told reporters that the U.S. would appeal to the high court for relief because "it would be a devastation for our country" if the appeals court ruling was left in place.

Accounting Today
Sep 03, 2025

Labubu shop suspected of tax evasion, fraud
A pop-up shop in Vienna is alleged to have offered fake versions of the rabbit-eared collectibles and failed to connect its cashier machines to the tax registry.

Accounting Today
Sep 03, 2025

Golf caddies, influencers to be exempt from tax on tips
Workers in dozens of job categories — including waiters, cosmetologists, golf caddies, event DJs and dancers — won't have to pay taxes on the tips they earn.

Accounting Today
Sep 03, 2025

Modera acquires Ferrentino
Modera Wealth Management acquired New Jersey-based accounting firm Ferrentino & Associates to expand its in-house tax capabilities.

Accounting Today
Sep 03, 2025

Auditing in the age of AI fakes: Keeping skepticism practical
Evidence is almost entirely digital. At the same time, AI tools can fabricate near-perfect fakes. At what point does skepticism tip into forensics?

Accounting Today
Sep 02, 2025

In the blogs: It's all in the game
Balancing craters; SST risks and trade-offs; Employee Retention Credit enforcement surge; and other highlights from our favorite tax bloggers.

Accounting Today
Sep 02, 2025

IRS criminal investigators target illegal sports gambling
The Internal Revenue Service's Criminal Investigation unit has been cracking down on illegal sports gambling

Accounting Today
Sep 02, 2025

Small business wage growth slowed in August
Hourly earnings growth for small business employees fell to 2.58% last month, while job growth remained basically flat, according to Paychex.

Accounting Today
Sep 02, 2025

Treasury leaks jobs qualifying for no taxes on tips
The list of jobs that are eligible for tax exemptions on tips includes bartenders, food servers, entertainers, performers and digital content creators.

Accounting Today
Sep 02, 2025

Ascend acquires KSDT
Top 50 Firm Ascend acquired KSDT, effective Sept. 1, marking the firm's largest transaction to date.

Accounting Today
Sep 02, 2025

Employers never paid $2 billion in deferred payroll taxes
Approximately 10,000 employers never paid the Social Security taxes they have deferred ever since the 2020 pandemic, according to a new report.

Accounting Today
Sep 02, 2025

Employers never paid $2B in deferred payroll taxes
Approximately 10,000 employers never paid the Social Security taxes they have deferred ever since the 2020 pandemic, according to a new report.

Accounting Today
Sep 02, 2025

Why tomorrow's CFOs need to be AI-savvy
It's imperative that CFOs become fluent in artificial intelligence, understand how it can create value, and become comfortable with transforming how their departments operate.

Accounting Today
Sep 02, 2025

Why tomorrow's CFOs need to become AI-savvy
It's imperative that CFOs become fluent in AI, understand how it can create value, and become comfortable with transforming how their departments operate.

Accounting Today
Sep 02, 2025

GOP faces headwinds on push for second big tax and spending bill
The legislative drive, still in the early stages, lacks the urgency that the year-end expiration of 2017 tax cuts provided to speed Trump's signature tax law.

Accounting Today
Sep 02, 2025

Competition to test students' AI proficiency
Accounting students can measure their AI acumen and knowledge against others like them in a contest that will be held by CPA education platform TrueUp.

Accounting Today
Aug 29, 2025

IRS offers short window in R&D guidance
The IRS posted guidance just in the nick of time for some taxpayers on the treatment of research and experimentation expenses under the new tax law.

Accounting Today
Aug 29, 2025

SAP MDG implementation best practices for modern finance teams
Finance leaders have progressed beyond reactive reporting toward proactive decision-making, making master data quality a fundamental strategic advantage.

Accounting Today
Aug 29, 2025

Macron vows retaliation if Trump's tariffs attack EU digital sovereignty
Trump threatened to impose fresh tariffs and export restrictions on countries that have digital services taxes or regulations that harm American tech companies.

Accounting Today
Aug 29, 2025

Zuckerberg pressed Trump on digital taxes before tariff vow
President Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes just days after Facebook CEO Mark Zuckerberg raised concerns.

Accounting Today
Aug 29, 2025

Practice Profile: Thriving on threats
CohnReznick's digital forensics lab arms clients to combat cyberattacks — both before and after they happen

Accounting Today
Aug 29, 2025

Boomer's Blueprint: Dashboards: The key to growth and value creation
When used strategically, dashboards are transformative tools for delivering more value to clients while staying relevant.

Accounting Today
Aug 29, 2025

On the move: Citrin Cooperman appoints five leaders
FASB makes appointment to Emerging Issues Task Force; IIA names new EVP; and more news from across the profession.

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