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Jun 13, 2025
Accounting firms are reporting bigger profits and more clients, according to a new report.
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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?
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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?
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Jun 13, 2025
The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7.
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Jun 13, 2025
AI is no longer just a distant concept, as we're already seeing it reshape day-to-day functions within accounting.
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Jun 13, 2025
The New York State Legislature passed a bill establishing an additional pathway to CPA licensure, and another bill authorizing the use of electronic signatures.
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Jun 13, 2025
Grant Thornton names new COO; VSCPA awards $82,500 in scholarships; and more news from across the profession.
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Jun 13, 2025
A controversial provision in Trump's tax bill aimed at penalizing countries with "unfair" tax regimes is unlikely to disrupt U.S. bond and stock markets.
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Jun 13, 2025
Plus, Ignition announces plans for AI pricing solution; Financial Cents introduces advanced reporting features; and other accounting tech news.
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Jun 13, 2025
The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.
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Jun 12, 2025
By any other name; poor Service; a saga continues; and other highlights of recent tax cases.
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Jun 12, 2025
The Treasury Department and the IRS are giving brokers additional time to comply with requirements to report on digital asset sales and withhold taxes.
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Jun 12, 2025
The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.
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Jun 12, 2025
The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and budget cuts at the agency.
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Jun 12, 2025
The Public Company Accounting Oversight Board sanctioned Heaton & Co. and one of its partners, Kristofer Heaton, for failing to properly document five audits.
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Jun 12, 2025
The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.
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Jun 12, 2025
The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.
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Jun 12, 2025
Companies are desperate for ways to keep their quality of service high, even though they have smaller teams. Artificial intelligence (AI) is one possible answer.
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Jun 12, 2025
A survey by the Center for Accounting Transformation found the most significant factor consistently associated with firm success is technological leadership.
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Jun 11, 2025
The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board's duties if the tax bill passes.
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Jun 11, 2025
U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.
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Jun 11, 2025
A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House's version of the bill.
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Jun 11, 2025
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.
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Jun 11, 2025
Accounting controls stand out as an often-overlooked domain—straightforward to implement and highly impactful for improving business resilience and continuity.
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Jun 11, 2025
Top 50 Firm Elliott Davis is taking a private equity investment from Flexpoint Ford and announced its next CEO.
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Jun 11, 2025
The Section 899 "revenge tax" in President Trump's massive tax and spending bill may be delayed as it faces pushback from Wall Street and businesses.
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Jun 11, 2025
The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax mega bill passed by the House.
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Jun 10, 2025
Rev. Proc. 2025-23 updates the list of 'automatic procedures' for changes in methods of accounting.
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Jun 10, 2025
Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump's campaign promises.
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Jun 10, 2025
Plante Moran merges in Tonneson; Sax acquires Sewald & Anastasia; and GHJ adds Hacker Douglas.
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Jun 10, 2025
Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.
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Jun 10, 2025
Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMG's 2025 Futures Report found.
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Jun 10, 2025
When you protect your staff from problematic clients through higher pricing or firing clients who can't work well with the firm, you send a strong message.
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Jun 10, 2025
Many times in professional services firms — and in our own lives — we spend a lot of time talking about doing something, but don't actually do it. Why?
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Jun 10, 2025
Many times in professional services firms — and in our own lives — we spend a lot of time talking about doing something, but don't actually do it. Why?
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Jun 10, 2025
Top 10 firm RSM announced a $1 billion technology investment over the next three years to expand its AI strategy and offerings, particularly where it concerns semi-autonomous agents.
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Jun 10, 2025
The Top 10 Firm is expanding its AI strategy and offerings over the next three years, particularly where it concerns semi-autonomous agents.
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Jun 10, 2025
Eleven accountants were given the Elijah Watt Sells Award, granted to those who earn a cumulative average score above 95.50 across four sections of the exam.
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Jun 10, 2025
House Speaker Mike Johnson said he's pressuring Senate Republicans to refrain from changing a deal to increase the state and local tax deduction cap to $40,000.
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Jun 10, 2025
Under the initiative, the government would make the one-time contribution into a tax-deferred, low-cost index fund that will track the overall stock market.
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Jun 10, 2025
Accounting solutions platform Sage announced that its products will come with a new "AI Trust Label" meant to provide customers with accessible information on how AI functions across its product line.
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Jun 10, 2025
Miley Cyrus shared about her past drug use and how she hid those purchases from her accountant by calling them "vintage clothes."
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Jun 10, 2025
A look at what's likely to stay in the Trump administration's tax bill, including pay-fors.
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Jun 10, 2025
The much-debated tax and spending legislation could be finalized next month, giving answers to debates on the state and local tax deduction, Medicaid and more.
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Jun 10, 2025
The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief.
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Jun 09, 2025
The reports harness artificial intelligence to analyze full tax returns to glean tax strategies and missed opportunities.
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Jun 09, 2025
Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society.
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Jun 09, 2025
The Finance Committee intends to propose revised tax and health-care provisions this week.
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Jun 09, 2025
Midsized CPA firms can leverage algorithms for operational excellence across multiple service lines and functions.
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Jun 09, 2025
Seventy percent of U.S. audit clients are ready to change firms within the next three years, according to an Inflo report.
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Jun 09, 2025
Outside investment has disrupted a century of how things have always been done in accounting, and it might not sit well with the stated direction of many firms.
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Jun 09, 2025
Neil Fishman of NCCPAP dives into the details of the House versions of the bill and how it may play out in the Senate.
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Jun 09, 2025
Ownership in a CPA firm is more expensive today than it ever has been. Is it worth it?
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Jun 06, 2025
The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: merely knowing how to post journal entries is insufficient.
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Jun 06, 2025
Jody Padar and Katie Tolin debuted a training and technology platform, in partnership with the Pennsylvania Institute of CPAs and CPA Crossings.
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Jun 06, 2025
Lawmakers are largely taking their cues from Trump and sticking by the $3 trillion bill at the center of the White House's economic agenda.
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Jun 06, 2025
It's time to identify and implement business strategies that drive your firm's growth and keep you ahead of the curve in an ever-changing economic environment.
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Jun 06, 2025
Grant Thornton names new CFO; CTCPA installs new board of directors; and more news from across the profession.
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Jun 06, 2025
Plus, Paychex releases accountant portal; Avalara launches APIs for 1099, W-9 solutions; and other accounting tech news.
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Jun 06, 2025
President Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his tax bill.
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Jun 06, 2025
The overall unemployment rate remained unchanged at 4.2%.
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Jun 06, 2025
The unemployment rate remained unchanged at 4.2%.
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Jun 05, 2025
Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases.
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Jun 05, 2025
Tesla shares sank as Elon Musk and President Trump's simmering feud devolved into a public war of words over the bill.
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Jun 05, 2025
Tesla shares sank as Elon Musk and President Donald Trump's simmering feud devolved into a public war of words between two of the world's most powerful people.
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Jun 05, 2025
North Carolina Regional Leader DMJPS is adding Potter & Co. PA, based in the Charlotte metropolitan region, effective July 1.
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Jun 05, 2025
DMJPS PLLC, a Regional Leader based in Greensboro, North Carolina, is adding Potter & Company P.A., based in the Charlotte metropolitan region, effective July 1.
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Jun 05, 2025
Audit partners' pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report.
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Jun 05, 2025
Hourly earnings growth for small business employees dropped to a four-year low at 2.77% in May, while job growth was flat, according to payroll company Paychex.
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Jun 05, 2025
The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.
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Jun 05, 2025
The IRS has released to the public the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions of the software.
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Jun 05, 2025
Students are looking for more than traditional accounting roles — they want to be problem-solvers, advisors and tech-savvy professionals.
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Jun 05, 2025
A plan to sell thousands of acres of federal land to help pay for the massive package of tax cuts will be returning in the Senate's version of the bill.
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Jun 05, 2025
A plan to sell thousands of acres of federal land to help pay for the massive package of tax cuts will be returning in the Senate's version of the bill.
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Jun 05, 2025
The world's richest man is declaring his opposition to tax legislation that's the centerpiece of Trump's domestic agenda.
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Jun 05, 2025
The world's richest man is declaring his opposition to tax legislation that's the centerpiece of Trump's domestic agenda.
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Jun 05, 2025
A Republican attempt to block states from enforcing new artificial intelligence rules over the next decade has drawn growing bipartisan objections, exposing tension in Washington over allowing for more unchecked AI development.
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Jun 05, 2025
The latest data on layoffs and growth in master's degree programs in accounting.
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Jun 04, 2025
The post came one day after Musk lashed out at the tax bill, describing it as a budget-busting "disgusting abomination" as Republican fiscal hawks stepped up criticism of the massive fiscal package.
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Jun 04, 2025
Musk described the bill as a budget-busting "disgusting abomination." as Republican fiscal hawks stepped up criticism of the massive fiscal package.
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Jun 04, 2025
Carr, Riggs & Ingram expands into East Texas, while UHY continues its growth in St. Louis, and Prosperity enters Vermont.
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Jun 04, 2025
U.S. officials have asked for information related to the accounting of deals that the cybersecurity firm has made with some customers.
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Jun 04, 2025
A multipronged, adaptable staffing strategy is likely the best course of action for CPA firms and small to midsized businesses.
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Jun 04, 2025
The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.
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Jun 04, 2025
Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.
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Jun 04, 2025
Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.
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Jun 04, 2025
Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.
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Jun 04, 2025
Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.
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Jun 04, 2025
Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.
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Jun 04, 2025
The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.
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Jun 04, 2025
The Internal Revenue Service's new Data Book shares a host of positive results from last year.
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Jun 03, 2025
The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment Estimates series.
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Jun 03, 2025
The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment Estimates series.
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Jun 03, 2025
Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.
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Jun 03, 2025
Conquering tariffs; bracing for notices; FBAR penalty timing; and other highlights from our favorite tax bloggers.
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Jun 03, 2025
One sector that the bill is particularly positive for is real estate, experts say.
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Jun 03, 2025
WithumSmith Brown acquired Pannel Kerr Forster of Texas, expanding its geographic reach into Texas and adding energy and oilfield expertise to its practice.
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Jun 03, 2025
This year's collection of top CPA financial planners are focused on every different part of the puzzle.
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Jun 03, 2025
The Top 25 Firm based in Raleigh, North Carolina, has acquired a Denver-based firm with an extensive business in fund audits.
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Jun 03, 2025
PwC's 2025 Global AI Jobs Barometer report found that artificial intelligence is making workers more productive, valuable and able to demand higher wage premiums.
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