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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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Jul 28, 2026
Corporate sustainability reports are including less specific quantitative information and disclosures and leaning more toward puffery.
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Jul 28, 2026
How firms are working to solve the latest iteration of the pipeline problem
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Jul 28, 2026
Accounting may be the language of business, but it's not the language of most business owners.
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Jul 28, 2026
Parents of 51.7 million children now qualify for the new Education Freedom Tax Credit for scholarships, according to a new estimate released by its proponents.
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Jul 28, 2026
A documented compensation study protects a growing C corporation's biggest deduction from being recast as a dividend.
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Jul 28, 2026
Pitching an institutional investor on a single private equity deal rather than a diversified fund was long deemed the sign of a buyout newcomer or a struggling rainmaker.
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Jul 27, 2026
There's little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.
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Jul 27, 2026
Anxious accountants can take a breath, as data shows human clients do not crave a 100% AI-led experience. Most would prefer AI not be involved at all.
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Jul 27, 2026
Tax professionals can help companies with wind and solar projects after a recent court decision, as well as energy-efficient commercial building improvements.
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Jul 27, 2026
Compliance is necessary, but it has never been the thing that actually changes a client's trajectory.
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Jul 27, 2026
New revelations about staff mishandling confidential client information deepen the crisis engulfing the scandal-hit firm.
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Jul 24, 2026
The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.
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Jul 24, 2026
Only days after the World Cup Final, the IRS released a revenue procedure allowing tax-exempt foreign members of FIFA to avoid filing a Form 990.
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Jul 24, 2026
That's entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases.
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Jul 24, 2026
The Top 50 Firm acquired Houston-based Sowers & Co., expanding its local tax and outsourced accounting offerings in one of its focus markets.
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Jul 24, 2026
Intuit announced the launch of the Intuit Business Credit Card, which comes with QuickBooks integration.
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Jul 24, 2026
The pay margin between associates and seniors in North America is plateauing, increasing only 3% in some markets, according to data from Distinct.
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Jul 24, 2026
Plus, Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news.
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Jul 24, 2026
This is not a minor procedural tweak. It changes how penalty relief gets delivered to millions of taxpayers, and what we owe our clients as their advisors.
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Jul 24, 2026
The U.S. will collect duties of between 10% and 12.5% on imports from most major trading partners, reconstructing the tariffs struck down by the Supreme Court.
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Jul 24, 2026
Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth leader; Machen McChesney announces promotions; and other firm and personnel news from across the profession.
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Jul 24, 2026
AI belongs at the periphery of a study, finding and verifying facts. It does not belong in the calculations.
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Jul 23, 2026
Financial services firm Great American Holdings acquired Trampe Settles, which provides business valuation, forensic accounting, due diligence and audit services.
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Jul 23, 2026
Private equity is fueling a wave of mergers and acquisitions, with transaction volume rising 26% year-over-year in 2025 and continuing to climb in 2026.
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Jul 23, 2026
Sen. Elizabeth Warren (D-Mass.) is leading 13 senators in investigating whether IRS CEO Frank Bisignano misled Congress about his agency's staffing after the Trump administration gutted the IRS workforce.
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Jul 23, 2026
The Internal Revenue Service's effort to reduce the amount of paper it deals with may be exposing taxpayer data to unwanted security vulnerabilities.
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Jul 23, 2026
Greenshoe announced a new continuous monitoring feature, which allows public companies to discover and react to disclosure changes throughout the year.
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Jul 23, 2026
CFOs must learn to excel in people-centric leadership, transforming teams, enhancing collaboration, planning for succession and reinforcing employee engagement.
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Jul 23, 2026
The House Ways and Means Committee held a hearing to advance legislation requiring disclosures of foreign sources of funding for tax-exempt groups and recipients.
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Jul 23, 2026
The House Ways and Means Committee held a hearing to advance legislation requiring disclosures of foreign sources of funding for tax-exempt groups and recipients.
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Jul 23, 2026
The moves follow investor unease over Macquarie's hiring of KPMG, which has faced misconduct allegations in recent months.
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Jul 23, 2026
A group of Democratic legislators in Connecticut with degrees from Yale University are threatening the school's tax-exempt status if leaders make a deal with the Trump administration over probes into admission practices.
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Jul 22, 2026
KPMG announced a strategic alliance with OpenAI to develop solutions that reflect a new "headless" vision for enterprise software where AI becomes the main work surface.
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Jul 22, 2026
KPMG announced a strategic alliance with OpenAI to develop and deploy solutions that reflect a new "headless" vision for enterprise software where AI becomes the main work surface.
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Jul 22, 2026
The Top 50 Firm acquired McMillan, Whiteman & Associates, expanding its presence along Florida's Gulf Coast and marking its third deal in the state this year.
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Jul 22, 2026
Senior executives from Regional Firms shared their 2026 growth strategies, ranging from M&A and tech, to advisory and organic growth.
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Jul 22, 2026
Senior executives from Accounting Today's Regional Leaders shared their 2026 growth strategies, ranging from M&A and tech, to advisory and organic growth.
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Jul 22, 2026
The International Auditing and Assurance Standards Board proposed a set of revisions to the International Standard on Auditing.
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Jul 22, 2026
An arbitrator ordered the IRS to allow its unionized employees to work remotely after President Trump ordered federal agencies to require in-person work.
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Jul 22, 2026
A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.
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Jul 22, 2026
One question deserves far more attention, particularly from accountants and auditors: Which companies will actually choose to report less?
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Jul 22, 2026
One question deserves far more attention, particularly from accountants and auditors: Which companies will actually choose to report less?
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