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Aug 11, 2026
The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act.
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Aug 11, 2026
Synthetic voices; CRAT; cross-border commerce; and other highlights from our favorite tax bloggers.
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Aug 11, 2026
The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.
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Aug 11, 2026
The proposed regulations clarify nondiscrimination requirements for employers offering Trump Account contribution programs and dependent care assistance.
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Aug 11, 2026
Recent data indicates that the profession is starting to diverge in how it relates to and uses AI, with heavy users on one end and light users on the other, but it may not stay this way for long.
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Aug 11, 2026
Crude oil volatility, gas tax holidays, and a handful of states that tie their tax rate to inflation can shift a client's monthly liability by six figures.
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Aug 11, 2026
The suing homeowners said the city caused "mass confusion" with its identification of thousands of properties potentially subject to the tax on second homes.
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Aug 11, 2026
The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, and Sam Woods as chair of the International Accounting Standards Board.
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Aug 11, 2026
The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, effective Jan. 1, 2027, and Sam Woods as chair of the International Accounting Standards Board, effective Oct. 1, 2026.
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Aug 11, 2026
UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.
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Aug 10, 2026
New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
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Aug 10, 2026
The Federal Accounting Standards Advisory Board is looking for a new leader to succeed its current executive director, Monica Valentine, who plans to retire at the end of this year after over 35 years at FASAB.
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Aug 10, 2026
The IRS and the Treasury want taxpayers to take advantage of the federal Saver's Match program for retirement accounts as part of the new TrumpIRA.gov website.
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Aug 10, 2026
The Public Accounting Oversight Board today swore in Kyle Hauptman as a board member at a ceremony at the Securities and Exchange Commission.
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Aug 10, 2026
With extensive staffing cuts at the IRS since last year, fresh questions are arising over the usefulness of the CAP program.
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Aug 10, 2026
Sax acquired SFS Financial in Kinnelon, New Jersey, strengthening the Top 75 Firm's advisory capabilities.
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Aug 10, 2026
The IRS needed a month to process paper tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.
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Aug 10, 2026
The IRS needed a month to process individual tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.
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Aug 10, 2026
Argentina is quickly becoming a promising offshoring destination, not just for the accounting industry, but for technology and other back-office services.
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Aug 10, 2026
The saga has triggered a leadership shake-up at the firm after whistleblower allegations that confidential client information was used to help secure business.
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Aug 10, 2026
The confirmation followed a weeks-long saga over a controversial personal settlement Blanche authorized for Trump over leaks of his tax information years ago.
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Aug 10, 2026
John LaMancuso, CEO of K1X talks about what accountants are getting right — and wrong — with AI.
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Aug 10, 2026
The United States is closer than it has ever been to a coherent framework for digital assets, and the accounting profession has a direct stake in getting the next few months right.
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Aug 07, 2026
Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.
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Aug 07, 2026
Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.
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Aug 07, 2026
Plus, Johnson Lambert launches a new practice; Kaufman Rossin names CIO; and other firm and personnel news from across the profession.
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Aug 07, 2026
AICPA and CPA.com open applications for 2027 Startup Accelerator; Bloomberg Tax Provision beefed up with AI assistant, multinational support, more; Support for FileCabinate CS to expire 2027; and other updates.
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Aug 07, 2026
Plus, Bloomberg Tax Provision gets beefed up ; support for FileCabinet CS to expire in 2027; and other updates.
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Aug 07, 2026
Four potential obstacles to watch out for on the way to new clients and new services.
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Aug 07, 2026
The proposal would impose a new requirement on Trump, who isn't currently required to sell his assets while serving in office.
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Aug 07, 2026
The suit now includes the National Treasury Employees Union as a plaintiff.
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Aug 07, 2026
Crypto assets do not clearly meet the definitions of cash, financial instruments or inventory under GAAP, leaving preparers uncertain.
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Aug 07, 2026
If the DOJ can revise immunity language in one of the highest-profile tax settlements in memory, then no closing agreement your client is holding is immune.
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Aug 06, 2026
The wide-ranging Taxpayer Assistance and Service Act includes a requirement for a new IRS office to educate businesses about child care tax breaks.
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Aug 06, 2026
One Range Rover, two Ferraris; quite a JOLT; live-video app; and other highlights of recent tax cases.
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Aug 06, 2026
Companies claiming tax credits for carbon capture technology have been confronting heavy compliance requirements, prolonged waits and uncertainty.
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Aug 06, 2026
The Top 50 Firm acquired Persing Professional Group and Carefree Professional Practice Resources, expanding its presence in Nnevada and adding specialization in key sectors.
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Aug 06, 2026
The Top 75 Firm completed a flip of investors, with private equity firm Broad Sky Partners selling its stake to TPG, an alternative asset management firm.
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Aug 06, 2026
The Internal Revenue Service is giving organizations more ways to view digital notices, make payments, and access and manage federal tax account info online.
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Aug 06, 2026
While the accounting profession has always been a great choice, it now has entered a particularly exciting period of revolutionary change largely driven by AI.
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Aug 05, 2026
Taxes don't pause; chaotic policy; larger tax burden; and other highlights from our favorite tax bloggers.
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Aug 05, 2026
The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.
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Aug 05, 2026
The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.
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Aug 05, 2026
The International Auditing and Assurance Standards Board proposed revisions to three of its International Standards on Auditing.
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Aug 05, 2026
The IRS and the Treasury issued guidance on the permanent extension of the employer tax credit for paid family and medical leave under the OBBBA.
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Aug 05, 2026
The Top 50 Firm will acquire T. Gschwender & Associates, expanding its ability to serve banks, credit unison and other financial institutions.
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Aug 05, 2026
Investment companies may need to reassess valuation policies, disclosures and financial reporting timelines if the proposal is finalized.
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Aug 05, 2026
The firm has dropped plans for a roughly $3 billion leveraged loan that was intended to refinance private credit debt and fund a dividend.
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Aug 05, 2026
The levy targets single-family homes worth $5 million or more and apartments worth $1 million or more.
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Aug 05, 2026
Private sector hiring grew by 44,000 jobs in July, while pay increased 4.4% year-over-year, payroll giant ADP reported Wednesday, as the pace of hiring slowed this summer.
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Aug 05, 2026
The annual list recognizes the 100 top workplaces in the profession.
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Aug 05, 2026
The FRONTIER Act is a meaningful step forward. But without contemporaneous records and truly independent verification, oversight begins too late
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Aug 04, 2026
The Federal Accounting Standards Advisory Board released guidance on implementing the disclosure requirements for public-private partnerships.
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Aug 04, 2026
The IRS's overall improper payment rate on refundable tax breaks increased from 21.9% in 2024 to 26.5% in 2025, totaling about $28.1 billion.
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Aug 04, 2026
San Jose, California-based PP&Co acquired Ami Shah, and Mid-Atlantic Regional Leader LMC opened a new office with the addition of Ricky Spike and his team from Ives, Sultan & Spike CPAs.
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Aug 04, 2026
Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.
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Aug 04, 2026
The top two blockers to advisory growth aren't a lack of client demand — they're internal.
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Aug 04, 2026
Deutsche Bank is seeking damages from four former senior employees who claim the lender wrongly blamed them for alleged involvement in an accounting scandal.
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Aug 04, 2026
The October tax nightmare is not caused by the deadline. It's caused by treating July and August as downtime.
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Aug 04, 2026
Blanche walked back and clarified key elements of the department's arrangements to resolve Trump's $10 billion lawsuit against the IRS.
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Aug 03, 2026
The Top 75 Firm will acquire Schmoyer and Company in Columbia, South Carolina, effective Aug. 1, 2026.
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Aug 03, 2026
National Association of State Boards of Accountancy vice chair J. Coalter Baker stepped down to focus on his health.
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Aug 03, 2026
The Top 50 Firm acquired New England Regional Leader GGG, expanding its presence in the Boston area.
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Aug 03, 2026
The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.
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Aug 03, 2026
The Top 50 Firm UHY acquired accounting and advisory firm ALW in Betterndorf, Iowa.
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Aug 03, 2026
A recent study on romance scams found that bots were able to get people to install a sketchy app 46% of the time versus 18% for humans trying the same thing.
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Aug 03, 2026
The Financial Accounting Standards Board decided during a board meeting to add a project on goodwill impairment testing to its technical agenda.
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Aug 03, 2026
The "one-times-revenue" era is over. Today's buyers are paying for durable, transferable cash flow — and the firms that command premiums are the ones built to grow without their owners.
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Aug 03, 2026
The fund could have paid $1.8 billion to President Trump's allies, and the acting AG clarified the scope of the president's sweeping immunity deal with the IRS.
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Aug 03, 2026
Alex Solomon of Net at Work talks about the current state of the market and the challenges and opportunities ahead.
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Jul 31, 2026
Sales are continuing to improve at small businesses, but cash flow remains under pressure, according to a new report from Xero.
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Jul 31, 2026
Plus, Workday touts new Financial Audit Agent; Cherry Hill Advisory launches AI-enabled internal audit services; and other accounting tech news and updates.
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Jul 31, 2026
Luca IQ launches with e-file approved tax engine for CPA firms; Workday touts new Financial Audit Agent; Cherry Hill Advisory launches AI-enabled internal audit services; and other accounting tech news and updates.
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Jul 31, 2026
The IRS recently changed how it oversees every credentialed tax professional in the country. Most practitioners had no idea it was coming.
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Jul 31, 2026
The president's desire to avoid criminal prosecutions and tax audits has become the biggest impediment to getting his own attorney general pick confirmed.
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Jul 31, 2026
Plus, Kaufman Rossin launches a PE practice; Centri announces promotions; and other firm and personnel news from across the profession.
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Jul 31, 2026
Paper notices that include QR codes are leading recipients to a spoofed Internal Revenue Service website.
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Jul 31, 2026
There was a time, not long ago, when bookkeeping firms were apprehensive of cloud solutions. Those days are fading for modern bookkeepers.
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Jul 30, 2026
Single Shot; don't do drugs; not so Niceville; and other highlights of recent tax cases.
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Jul 30, 2026
Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.
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Jul 30, 2026
Or even triple-digit, as the 2026 Fastest-Growing Firms share how they turbo-charged their revenue.
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Jul 30, 2026
The IRS's Criminal Investigation unit issued a fraud alert warning about scammers who are targeting cryptocurrency holders with convincing fake IRS letters.
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Jul 30, 2026
Big Four firm Ernst and Young announced it now has a quantum computer physically sitting in its Toronto office.
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Jul 30, 2026
Client advisory services and outsourced accounting are helping the Bonadio Group, a Top 50 Firm based in Rochester, New York, build its client base.
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Jul 30, 2026
The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.
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Jul 30, 2026
Maybe it's the CTO, maybe it's the vendor, maybe it's the board, maybe someone else who is blamed. Studies found a wide range of answers.
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Jul 30, 2026
Client expectations are evolving, and the firms that succeed will be those that adapt accordingly.
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Jul 30, 2026
Mayor Zohran Mamdani defended the rollout of a new tax on highly valued second homes in New York City, saying only property owners who receive a letter from city officials will be impacted by the levy.
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Jul 30, 2026
In the face of massive change, Randy Crabtree says accountants need to know these things about themselves.
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Jul 29, 2026
By coordinating with a client's other financial professionals, such as lawyers and accountants, financial advisors have the potential to deliver even more value.
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Jul 29, 2026
While almost everyone is talking the talk on AI governance and control, recent data suggests far fewer are walking the walk, to the detriment of organizations.
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Jul 29, 2026
Democrats on the Senate Finance Committee plan to introduce an amendment prohibiting President Trump's audit immunity deal with the IRS during a markup hearing.
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Jul 29, 2026
The Internal Revenue Service is highlighting the role of tipsters in exposing tax fraud and helping it recover unpaid taxes and strengthen tax compliance.
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Jul 29, 2026
Upon the historic deal's closing, Grant Thornton is expected to beome the fifth-largest firm with more than $5 billion in domestic revenue and $7.5 billion globally.
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Jul 29, 2026
Here are five key areas sellers should proactively address to set themselves and their future partners up for long-term success.
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Jul 29, 2026
Cornyn and another GOP holdout, Senator Thom Tillis, want written changes to alter Trump's settlement with the IRS over leaks of his tax information in 2019.
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Jul 29, 2026
He reported earning income of less than $5,000 in 2020, 2021 and 2022, but actually earned more than $7 million from his hedge fund, according to prosecutors.
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Jul 29, 2026
Clients rarely replace trusted advisors because someone makes a bigger promise. Instead, they gradually become convinced that another relationship may create greater value.
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Jul 28, 2026
Disagreeing with the IRS; daunting levels of debt; Sunshine State; and other highlights from our favorite tax bloggers.
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Jul 28, 2026
The sprawling bipartisan bill would add new requirements for the IRS as well as tax preparers, including continuing education for unlicensed preparers.
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