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   NEWS: ACCOUNTING TODAY
Accounting Today
Nov 13, 2025

Data strategy needs data governance
While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.

Accounting Today
Nov 13, 2025

Grant Thornton adds GT Brazil
The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.

Accounting Today
Nov 13, 2025

Senate Democrats warn of 'tax bomb' for student loan borrowers
Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.

Accounting Today
Nov 13, 2025

Hiring new graduates is essential … and risky
Firms want candidates to have critical reasoning skills and not just be "robots" who follow processes and procedures blindly without questioning or interpretation.

Accounting Today
Nov 13, 2025

China targets tax dodges by sellers on Amazon, e-commerce sites
Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.

Accounting Today
Nov 13, 2025

Shutdown's end will kick off long process of rebooting US government
The longest government shutdown in U.S. history has ended, but it could take days — and in some cases a week or more — before normal operations and paychecks resume.

Accounting Today
Nov 13, 2025

Fiserv CEO rejects accounting concerns after record stock rout
Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.

Accounting Today
Nov 13, 2025

IRS ups 401(k) and IRA contribution limits for 2026
The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.

Accounting Today
Nov 13, 2025

IRS ups limits for 401(k) and IRA contributions in 2026
The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.

Accounting Today
Nov 12, 2025

FASB updates accounting for purchased loans as it faces funding threat
The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential threat from House Republicans.

Accounting Today
Nov 12, 2025

Teachers don't usually itemize — OBBBA could bring savings if they do
The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.

Accounting Today
Nov 12, 2025

CBIZ releases tax planning guide
CBIZ has released its 2026 Tax Planning Guide, offering a resource to help businesses and individuals navigate the One Big Beautiful Bill Act.

Accounting Today
Nov 12, 2025

M&A roundup: Crete and Mercer expand
Crete Professionals Alliance added Acuity; and Mercer Advisors acquired Beach Freeman Lim & Cleland.

Accounting Today
Nov 12, 2025

Auditors confront era of 'hypervolatility'
A new report finds internal audit professionals adjusting to flat and shrinking budgets and the encroachments of artificial intelligence.

Accounting Today
Nov 12, 2025

In the blogs: The nutso with the shoeboxes
Handling tough clients; not all revenue is created equal; military returns; and other highlights from our favorite tax bloggers.

Accounting Today
Nov 12, 2025

A fireside chat with the PCAOB's George Botic
The acting chair of the Public Company Accounting Oversight Board outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

Accounting Today
Nov 12, 2025

Fireside chat with PCAOB acting chair George Botic
The Public Company Accounting Oversight Board leader outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.

Accounting Today
Nov 12, 2025

Watchdog to Mamdani: Services, yes; higher taxes, no
Millionaires, who comprise less than 1% of New York City filers, generate 40% of city income tax revenue, says the Citizens Budget Commission.

Accounting Today
Nov 12, 2025

Trump's $2K tariff 'dividend' marks throwback to COVID checks
President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.

Accounting Today
Nov 12, 2025

Rating QuickBooks, and other tech stories you may have missed
Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.

Accounting Today
Nov 12, 2025

Aprio combines its alliance with RSM US's
Aprio is uniting its Aprio Firm Alliance with the Professional Services Alliance it inherited from RSM US to create a combined Aprio Alliance.

Accounting Today
Nov 11, 2025

IRS allows staking of crypto assets in trusts
The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.

Accounting Today
Nov 11, 2025

M&A roundup: Three Top 100 deals
Citrin Cooperman merged in KBFM; Brown Edwards acquired DesRoches; and Pinion added Gifford & Cox.

Accounting Today
Nov 11, 2025

Sovos releases features for sales and use tax, data mapping
Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.

Accounting Today
Nov 11, 2025

Alzheimer's Association's Accounting Industry Leadership Council to converge in Central Park
The Council raises between $1 million to $1.5 million per year from approximately 40 participating accounting firms to research and treat Alzheimer's disease.

Accounting Today
Nov 11, 2025

Tax Strategy: The impact of cuts and the shutdown on the IRS
Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced funding, and the shutdown will be felt during the 2026 tax filing season and perhaps beyond.

Accounting Today
Nov 10, 2025

Government shutdown leaves IRS in limbo
As the Senate advances a possible end to the 40-day government shutdown, the IRS is adjusting its plans amid a wave of layoffs and program closings.

Accounting Today
Nov 10, 2025

Ready, set, Roth: How 401(k) catch-ups are changing in 2026
The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the key implications for sponsors and savers.

Accounting Today
Nov 10, 2025

AICPA, FASB, GASB seek accounting students
The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.

Accounting Today
Nov 10, 2025

Trump pardons Darryl Strawberry for tax evasion
The former Met and Dodger was indicted in 1995 and pled guilty over his failure to report $350,000 in income from autographs and sales of memorabilia.

Accounting Today
Nov 10, 2025

Side-by-side OECD Pillar Two and U.S. tax rules pose challenges
The Organization for Economic Cooperation and Development's framework for international taxes has been coming under pressure in recent months from a U.S. stance.

Accounting Today
Nov 10, 2025

Democrats probe IRS CEO's tie to Fiserv fall
Frank Bisignano, who's now leading both the Social Security Administration and the Internal Revenue Service, dodged a $300 million loss by divesting his stake.

Accounting Today
Nov 10, 2025

Digits launches AI agent for bank reconciliations
Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.

Accounting Today
Nov 10, 2025

Bessent says Trump's $2K 'dividend' may come via tax cuts
The Treasury Secretary said he hadn't spoken to the president about this idea but "the $2,000 dividend could come in lots of forms, in lots of ways.

Accounting Today
Nov 07, 2025

ISSB to take over work of TNFD on nature-related financial disclosures
The International Sustainability Standards Board plans to take on the activities of the Taskforce on Nature-related Financial Disclosures.

Accounting Today
Nov 07, 2025

On the move: Abdo renovates Minneapolis office
RRBB names COO; Citrin Cooperman announced new partner class; and more news from across the profession.

Accounting Today
Nov 07, 2025

Insero acquires DeMott & Smith
The Regional Leader firm based in Rochester, New York, has acquired a firm also headquartered in Rochester.

Accounting Today
Nov 07, 2025

Tech News: Expensify launches AI expense agent
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.

Accounting Today
Nov 07, 2025

Tech News: Expensify launches hybrid 'contextual' AI expense agent
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.

Accounting Today
Nov 07, 2025

What CFOs should do as interest rates begin to fall
CFOs must consider what falling rates might mean for their balance sheets, borrowing strategies and overall business positioning.

Accounting Today
Nov 07, 2025

Treasury opens fraud probe on $9B in small business aid
Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.

Accounting Today
Nov 07, 2025

Treasury probes $9B in small-business aid
Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.

Accounting Today
Nov 07, 2025

Grant Thornton adds GT Poland
The Top 10 Firm agreed to add Grant Thornton Poland to its multinational platform, expanding its presence in Europe.

Accounting Today
Nov 07, 2025

WNBA standoff pits players against former Deloitte CEO
As WNBA commissioner, ex-Deloitte chief Cathy Engelbert has transformed women's basketball, but a standoff could threaten her leadership and her legacy.

Accounting Today
Nov 07, 2025

More BlackLine investors push software company to explore sale
Several investors in the accounting software provider are pushing the company to explore a potential sale following reported takeover interest by SAP.

Accounting Today
Nov 06, 2025

Intuit infuses Credit Karma, TurboTax with AI agents
Intuit announced a host of new agentic AI features for both TurboTax and Credit Karma users.

Accounting Today
Nov 06, 2025

Intuit to open 20 brick-and-mortar TurboTax stores, 200 more Expert Offices
Intuit is opening 20 brick and mortar TurboTax stores in major cities across the U.S. as well as 200 additional TurboTax Expert Offices for a total of 600 nationwide.

Accounting Today
Nov 06, 2025

IRS releases FAQs on crypto broker reporting
The Internal Revenue Service has posted guidance in the form of questions and answers on digital asset broker reporting on the new Form 1099-DA.

Accounting Today
Nov 06, 2025

Grassi acquires OnePoint Franchise Accounting
The deal expands the firm's franchise services group with a number of restaurant and food franchise clients.

Accounting Today
Nov 06, 2025

Align finance technology investments with organizational strategy
To maximize value and strategic impact, finance leaders must ensure tech investments not only drive efficiency but align with wider organizational strategy.

Accounting Today
Nov 06, 2025

Supreme Court appears skeptical of Trump's global tariffs
Three members of the conservative majority questioned Trump's use of an emergency-powers law to collect tens of billions of dollars in tariffs a month.

Accounting Today
Nov 06, 2025

Citrin Cooperman acquires Gatto, Pope & Walwick
The Top 25 Firm is expanding its presence in Southern California by acquiring GPW in San Diego, the latest M&A deal since receiving private equity funding.

Accounting Today
Nov 06, 2025

Jackson Hewitt to hire 15,000 employees
The tax prep chain is gearing up for the upcoming tax season during a National Hiring Week, starting Nov. 3.

Accounting Today
Nov 06, 2025

Cutbacks and shutdown 'chip away' at IRS: NATP
In a letter to Congress, the National Association of Tax Professionals warned of serious problems for tax season.

Accounting Today
Nov 06, 2025

IRS ends Direct File program
The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that offered it this year.

Accounting Today
Nov 05, 2025

In the blogs: The weakest link
The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.

Accounting Today
Nov 05, 2025

IASB faces £5M deficit
The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).

Accounting Today
Nov 05, 2025

IRS offers penalty relief for reporting tips and overtime pay
The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.

Accounting Today
Nov 05, 2025

M&A roundup: Frazier & Deeter, THF and Capstone expand
Frazier & Deeter acquired RS&F and Pesta Finnie; Thomas Howell Ferguson P.A. CPAs bought Hamic Previte & Sturwold; and Capstone Accounting and Tax merged in Nissen & Meyer.

Accounting Today
Nov 05, 2025

How to choose the right technology for your firm
The reason we don't choose tech options quickly in the accounting profession is because of the risk that comes with uncertainty.

Accounting Today
Nov 05, 2025

Looking through Gen Z's eyes
They're ready to work — as long as they can work smarter, more flexibly, and for competitive rewards.

Accounting Today
Nov 05, 2025

First Brands founder accused of looting company
A lawsuit claims the executive siphoned hundreds of millions of dollars as the auto parts company doctored its accounts and promised the same collateral to different lenders.

Accounting Today
Nov 05, 2025

Thomson Reuters adds agentic AI enhancements
Thomson Reuters announced a host of new agentic AI enhancements to tax, audit and accounting workflows.

Accounting Today
Nov 05, 2025

Mamdani's promises on a collision course with fiscal reality
Any new taxes to fund his agenda need the backing of the state, and Governor Kathy Hochul has said she's against such hikes.

Accounting Today
Nov 05, 2025

Austin rejects tax increase for homeless relief
Voters in the Texas capital blocked a property tax increase that would have raised tens of millions of dollars to support homeless people and pay for other services.

Accounting Today
Nov 05, 2025

Private sector added 42K jobs in October
Employers boosted employment in October, while annual pay rose 4.5% year over year, payroll giant ADP reported.

Accounting Today
Nov 05, 2025

How AI is reshaping client expectations
Beyond just retrospective accuracy, clients now expect forward-looking insight, real-time responsiveness and strategic foresight.

Accounting Today
Nov 04, 2025

Why accounting's most familiar deadline is disappearing
The month-end close is an artifact of batch-processing constraints that disappeared over a decade ago.

Accounting Today
Nov 04, 2025

Avalara announces 'agentic AI workforce for tax and compliance'
Avalara announced that its Avi AI, first launched as a chatbot, is now an AI agent that will orchestrate an entirely new network of other AI agents.

Accounting Today
Nov 04, 2025

Sage rolls out agentic AI enhancements
Sage has leaned even further into AI, announcing Sage Intacct Finance Intelligence Agent, the AI Developer Solutions ecosystem, and AI enhancements to Sage X3.

Accounting Today
Nov 04, 2025

The 2025 Best Firms for Young Accountants: A balancing act
The 2025 Best Firms for Young Accountants provide their people an equilibrium between work and life — and are always listening for new ways to improve

Accounting Today
Nov 04, 2025

The 2025 Best Firms for Young Accountants
A look inside the 20 best places to start a career in accounting.

Accounting Today
Nov 04, 2025

Can IRS Criminal Investigation be politicized?
If a political appointee tried to demand a probe of a left-wing donor, they would not only violate the law but also trigger a criminal reporting requirement.

Accounting Today
Nov 04, 2025

Small business employees worked more hours in October
Hourly earnings growth for small business employees slowed slightly last month, but the average number of hours they worked increased, Paychex reported.

Accounting Today
Nov 04, 2025

Trump tariffs' fate rides on Supreme Court
President Donald Trump's three U.S. Supreme Court appointees will play pivotal roles as the court considers the fate of his signature global tariffs Wednesday.

Accounting Today
Nov 03, 2025

One myth about internal audit that is easily disproved
No matter what internal audit gets called to do, there will always be a cadre of misguided executives and board members who think internal audit is just an extension of the finance function.

Accounting Today
Nov 03, 2025

CPA Canada calls for AI guardrails
CPA Canada is asking the Canadian government to advance a framework for independent assurance over artificial intelligence systems.

Accounting Today
Nov 03, 2025

Grant Thornton adds New Zealand firm
Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.

Accounting Today
Nov 03, 2025

Ascend adds BiggsKofford
Top 50 Firm Ascend added BiggsKofford, expanding its geographic footprint in Colorado.

Accounting Today
Nov 03, 2025

Michigan man charged with falsely claiming to be a CPA
Joseph Vanator of Vantors & Associates in Eaton Rapids, Michigan, was arraigned in late October and charged with one count of accounting violations, a five-year felony.

Accounting Today
Nov 03, 2025

Trump battles tiny toymaker over tariffs in landmark Supreme Court case
Rick Woldenberg, who runs two educational-toy businesses, says BubblePlush Yoga Ball Buddies have been hit especially hard by Trump's fluctuating tariffs.

Accounting Today
Nov 03, 2025

Campari drops after Italy seizes shares in tax-fraud probe
Davide Campari-Milano NV shares fell after Italian prosecutors ordered the seizure of around €1.3 billion ($1.5 billion) in shares from the holding company that controls the drinks maker.

Accounting Today
Oct 31, 2025

Tribal nations weather victims get tax relief
Affected taxpayers in the Dakotas now have a later date for filings and payments.

Accounting Today
Oct 31, 2025

Dems demand probe of Trump plan to use IRS against political foes
Democrats are asking TIGTA to investigate reports that the administration plans to have the Internal Revenue Service target left-leaning nonprofits and donors.

Accounting Today
Oct 31, 2025

CAMs per report decreased in 2024
The average number of CAMs per report decreased to 1.27 in 2024, per Ideagen Audit Analytics' latest report.

Accounting Today
Oct 31, 2025

Time management for small firm leaders
Here's how to prioritize high-impact tasks and avoid burnout.

Accounting Today
Oct 31, 2025

Belonging is a business imperative for retaining talent
The Accounting MOVE Project Report focused on the theme of "belonging," arguing it's not merely a soft idea, but a necessity for recruiting and retaining talent.

Accounting Today
Oct 31, 2025

On the move: Weaver adds partner to launch Boston office
NASBA announces new board members, bestows three awards; AICPA honors forensic and valuation professionals at annual conference; and more news from across the profession.

Accounting Today
Oct 31, 2025

AI a growing source of new client referrals
While word of mouth, digital marketing and professional networks are still the main ways accounting firms promote themselves, an entirely new path has emerged.

Accounting Today
Oct 31, 2025

Getting AI referrals means optimizing for bots
Firms wanting to maximize client referrals from AI bots need a robust online presence, plus content optimized for AI readability such as bulleted lists.

Accounting Today
Oct 31, 2025

Tech news: Quicken touts new features
Plus, BillingPlatform launches AI monetization offering; Homebase announces payroll assistant; and other accounting tech news.

Accounting Today
Oct 30, 2025

T&E firm Navan plummets 20% after $923M IPO
The business travel and expense management software maker and some of its shareholders raised $923.1 million in an initial public offering.

Accounting Today
Oct 30, 2025

States plan votes on tax hikes
Voters in 20 states will be asked to weigh in on ballot referendums and measures concerning an estimated total of $3.1 billion in potential tax hikes.

Accounting Today
Oct 30, 2025

States plan votes on tax hikes on Election Day
Voters will be asked to weigh in on ballot referendums and measures concerning an estimated total of $3.1 billion in potential tax hikes in 20 states.

Accounting Today
Oct 30, 2025

IASB, ISSB advance new global standards
The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

Accounting Today
Oct 30, 2025

SEC, PCAOB relax enforcement against auditors
The Securities and Exchange Commission and the Public Company Accounting Oversight Board have been lightening the load on audit firms.

Accounting Today
Oct 30, 2025

How to beat the 95% AI failure rate
When MIT reported that 95% of corporate AI pilot programs fail, the number sounded alarming, but not surprising. What about the 5% that succeed?

Accounting Today
Oct 29, 2025

Digits launches free API
Digits API allows computers to connect directly with the company's Autonomous General Ledger system without needing custom integrations.

Accounting Today
Oct 29, 2025

IFAC partners on anti-money laundering and public sector auditing
The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

Accounting Today
Oct 29, 2025

IFAC partners to fight money laundering
The International Federation of Accountants is teaming with the International Bar Association to combat money laundering, while signing a pact with audit groups.

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