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Mar 28, 2025
As the expiration of key Tax Cuts and Jobs Act provisions looms, tax professionals are preparing for what could be another period of upheaval.
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Mar 28, 2025
The Securities and Exchange Commission voted to end its defense of the climate-related disclosure rule it approved last year under the Biden administration.
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Mar 28, 2025
FASB appoints new members to Public Markets Advisory Committee; WilliamsMarston launches podcast; and more news from across the profession.
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Mar 28, 2025
The PS practice serves nearly 80 firms across the U.S. and Canada.
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Mar 28, 2025
The reasons why accounting is a fascinating major go beyond mere security. Within the field, a transformation is underway.
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Mar 28, 2025
Plus, BillingPlatform launches BP Pay solution; Bill announces "Bookkeeper Appreciation Week"; and other accounting tech updates.
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Mar 28, 2025
If your culture is based on being able to walk down the hall to ask a question, you don't have much of a culture — or, at least, not much of an intentional culture.
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Mar 28, 2025
Shipowners and charterers are altering leasing contracts to cope with the multimillion-dollar port fees expected to be imposed by the Trump administration.
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Mar 28, 2025
Fiscal conservatives in the party want steep spending cuts to help offset the multitrillion-dollar tax-cut package.
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Mar 27, 2025
Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.
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Mar 27, 2025
Suzan DelBene, D-Washington, and Terri Sewell, D-Alabama, introduced legislation to prevent Trump from reassigning IRS investigators to immigration enforcement.
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Mar 27, 2025
Suzan DelBene, D-Washington, and Terri Sewell, D-Alabama, introduced legislation to prevent Trump from reassigning IRS investigators to immigration enforcement.
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Mar 27, 2025
A recent survey from Rightworks found firms that use AI have a higher revenue per employee than firms that do not.
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Mar 27, 2025
The International Auditing and Assurance Standards Board and the International Sustainability Standards Board provided help with adopting their standards.
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Mar 27, 2025
Paul Atkins deflected questions on whether the Public Company Accounting Oversight Board should be scrapped, saying it was up to Congress.
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Mar 27, 2025
Big Four firm PwC released Agent OS, an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.
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Mar 27, 2025
A diverse team isn't about filling seats or meeting quotas; it's about breaking free from the hive mind.
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Mar 27, 2025
Many companies are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.
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Mar 27, 2025
Many firms are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.
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Mar 27, 2025
The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.
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Mar 27, 2025
The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.
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Mar 27, 2025
In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.
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Mar 27, 2025
In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.
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Mar 27, 2025
In an era dominated by private equity and merger mania, firms that want to stand alone have to make that a conscious — and continual — choice.
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Mar 27, 2025
Republicans are aiming to approve a multitrillion tax bill in the coming months that renews Trump's 2017 cuts, along with a fresh round of levy reductions.
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Mar 27, 2025
Republicans are aiming to approve a multitrillion tax bill in the coming months that renews Trump's 2017 cuts, along with a fresh round of levy reductions.
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Mar 26, 2025
The Criminal Investigation unit of the Internal Revenue Service launched 2,039 tax and money laundering cases related to COVID fraud over the past five years.
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Mar 26, 2025
The Internal Revenue Service's Criminal Investigation unit launched 2,039 tax and money laundering cases related to COVID fraud over the past five years.
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Mar 26, 2025
The Internal Revenue Service's Direct File program is attracting interest this tax season, but lack of familiarity and budget cuts at the IRS may doom it.
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Mar 26, 2025
The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.
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Mar 26, 2025
The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they're recognized on the balance sheet.
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Mar 26, 2025
The CPA organizations sent a joint comment letter to the California Air Resources Board asking for changes in the state's climate risk disclosure rules.
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Mar 26, 2025
While workplace equality has come a long way, some women in accounting and finance still encounter barriers to advancement in companies that have yet to evolve.
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Mar 26, 2025
While workplace equality has come a long way, some women in accounting and finance still encounter barriers to advancement in companies that have yet to evolve.
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Mar 26, 2025
The French government is deploying increasingly aggressive methods to uncover tax fraud.
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Mar 26, 2025
Traditional AI and generative AI aren't significantly more likely to produce high productivity gains compared to other innovations like RPA or blockchain.
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Mar 26, 2025
Much depends on tax-collection proceeds, with the April 15 filing date fast approaching.
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Mar 26, 2025
Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.
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Mar 26, 2025
Republican leaders say they are getting close to agreeing on a plan to pass an extension of President Trump's 2017 tax cuts and an increase to the debt ceiling.
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Mar 26, 2025
New clients may seem easy to come by now, but that won't always be the case.
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Mar 26, 2025
Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.
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Mar 25, 2025
Welcome to Tax Court; the subscription model; new blog on the block; and other highlights from our favorite tax bloggers.
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Mar 25, 2025
The Public Company Accounting Oversight Board sanctioned and imposed a $40,000 fine on James Pai CPA and its partner for audit failures.
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Mar 25, 2025
The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.
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Mar 25, 2025
House and Senate Republicans are battling over the size of spending cuts to be paired with a giant tax cut coming later this year.
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Mar 25, 2025
McConnell Jones, the largest African American-owned CPA firm, is focused on expanding its geographic footprint as part of its growth strategy.
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Mar 25, 2025
The Top 50 Firm based in Troy, Michigan has expanded into Tennessee with its latest M&A deal.
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Mar 25, 2025
FloQast and Fieldguide each announced the release of their own agentic AI solutions for accountants.
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Mar 25, 2025
With rapid changes in technology, a state-of-the-art piece of equipment can become a doorstop in just a few months.
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Mar 25, 2025
Internal Revenue Service reports of the cost of the free tax-filing program left out at least $8.8 million in costs, according to a new report.
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Mar 25, 2025
Predictive analytics is causing a fundamental shift in accounting, from historical record-keeping toward forward-looking financial information.
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Mar 25, 2025
The Financial Reporting Council hit PwC with a £2.9 million ($3.8 million) penalty and one of its accountants with a £33,412 ($43,250) penalty.
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Mar 25, 2025
The Financial Reporting Council hit PwC with a $3.8 million penalty and one of its accountants with a $43,250 penalty over their audit of Sanjeev Gupta's Wyelands Bank.
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Mar 25, 2025
Traditional talent development models rely on in-house staff and struggle to keep pace with the changes accounting firms face.
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Mar 25, 2025
Forming a trust now and funding it after Congress decides whether to keep the current gift tax exemption rate could make for an effective preemptive strike.
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Mar 24, 2025
GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.
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Mar 24, 2025
ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.
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Mar 24, 2025
The Public Company Accounting Oversight Board has created three videos from its staff on its quality control standard's monitoring and remediation process.
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Mar 24, 2025
The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers' addresses with immigration officials upon request.
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Mar 24, 2025
The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers' addresses with ICE officials upon request.
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Mar 24, 2025
When small CPA shops suddenly end, clients are left to scramble for a replacement — and any enterprise value that the owner may have had withers away.
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Mar 24, 2025
Tax season usually is the most stressful period of the year for accountants. Staying calm will help you, your clients and staff.
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Mar 24, 2025
Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.
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Mar 24, 2025
Congressional Republicans returning to Washington on Monday will tackle their toughest test yet, negotiating a massive tax bill package.
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Mar 24, 2025
Using EBITDA - which is typically bigger than EBIT — would generate heftier tax deductions.
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Mar 24, 2025
Using EBITDA - which is typically bigger than EBIT — would generate heftier tax deductions.
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Mar 24, 2025
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.
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Mar 24, 2025
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.
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Mar 24, 2025
All too often, what accountants are selling are services that clients have to endure, says Joe Woodard, not the sort of thing that they really value.
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Mar 24, 2025
With tax season underway, here are the filing statistics, updated weekly.
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Mar 21, 2025
Not all job creation incentive programs are created equal. Here are examples of programs from states across the United States.
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Mar 21, 2025
Ahead of Tax Day, annual return filings consume a lot of attention, but advisors and other experts say they pose opportunities for growth and savings as well.
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Mar 21, 2025
The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.
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Mar 21, 2025
The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.
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Mar 21, 2025
The third of four looks at how specific accounting firm niches are being impacted — for good and ill — by artificial intelligence.
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Mar 21, 2025
The first of four looks at how specific accounting firm niches are being impacted — for good and ill — by artificial intelligence.
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Mar 21, 2025
The fourth of four looks at how specific accounting firm niches are being impacted — for good and ill — by artificial intelligence.
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Mar 21, 2025
The second of four looks at how specific accounting firm niches are being impacted — for good and ill — by artificial intelligence.
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Mar 21, 2025
The threat is that clients decide an AI chatbot is good enough for their purposes and so they never call their accountant in the first place.
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Mar 21, 2025
When a firm is independent, there's flexibility and a cogent desire to invest in the future.
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Mar 21, 2025
The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.
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Mar 21, 2025
Lohman adds professional services line; Nathan Wechsler hires COO; and more news from across the profession.
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Mar 21, 2025
SEC accepts 2025 FASB taxonomies; SAP builds Joule AI into Concur Expense and Concur Travel; New startup, Town, launches with SMB tax platform; and other accounting tech updates.
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Mar 20, 2025
The royal treatment; tit for tat; false certifications; and other highlights of recent tax cases.
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Mar 20, 2025
Between January 2021 and July 2024, the IRS processed nearly 610,000 manual refunds for deceased taxpayers, but in many cases took over a year to process them.
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Mar 20, 2025
Between January 2021 and July 2024, the IRS processed nearly 610,000 manual refunds for deceased taxpayers, but in many cases took over a year.
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Mar 20, 2025
The Board and the Romanian audit oversight authority agreed on a statement of protocol that allows for cooperation for the oversight of auditors.
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Mar 20, 2025
The advisory services that artificial intelligence will dominate are primarily transactional and rely heavily on data analytics to deliver insights and advice.
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Mar 20, 2025
Artificial intelligence may already be eating away at some advisory services.
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Mar 20, 2025
The IRS has made significant changes to Form 6765, Credit for Increasing Research Activities, with new requirements set to take effect this tax year.
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Mar 20, 2025
After accounting issues arose at Autodesk, Starboard has pressured the board to reevaluate the performance of CEO Andrew Anagnost.
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Mar 20, 2025
Starboard has pressured the board to reevaluate the performance of CEO Andrew Anagnost since last August after accounting issues arose at the company.
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Mar 20, 2025
While Congress and the Trump administration seem to want major tax legislation this year, it looks like it is going to be a very difficult process.
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Mar 20, 2025
Filing before the deadline is an attractive trait for a potential date, say young daters.
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Mar 19, 2025
Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report.
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Mar 19, 2025
Internal Revenue Service employees faced threats of assault during Saturday tax assistance events in 2024, according to a recent report.
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Mar 19, 2025
MH CPA and Kenilworth Holdings formed MH Kenilworth, offering offshoring and focusing on increasing client profitability.
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Mar 19, 2025
MH CPA and Kenilworth Holdings formed a join venture which plans to acquire accounting firms and offer offshoring services.
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Mar 19, 2025
Big Four firms EY and Deloitte, as well as accounting automation solutions provider Digits, all announced separate partnerships with technology company NVIDIA.
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Mar 19, 2025
North Carolina is the latest state making legislative moves in hopes of expanding the pipeline of licensed accountants with an alternative path.
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