|
Nov 20, 2025
The IRS and the Treasury released interim guidance giving new tax benefits to banks that provide loans secured by rural or agricultural real property.
|
|
Nov 20, 2025
The American Institute of CPAs is urging the IRS not to merge its Office of Professional Responsibility with its Return Preparer Office to avoid confusion.
|
|
Nov 20, 2025
The 2016 standard on leases met its objective of providing investors with useful information, but the costs of implementing and maintaining it were high.
|
|
Nov 20, 2025
Mauldin & Jenkins merged in LaPorte CPAs & Business Advisors; Ascend's TSS Advisors added John G. Burk & Associates; Ascend's Walter Shuffain Advisors integrated Richardson & Co.; Cross Financial joined Crete Professionals Alliance.
|
|
Nov 20, 2025
The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and costs to businesses and households.
|
|
Nov 20, 2025
Boomer Consulting and Miles Masterclass are partnering to provide an on-demand masterclass subscription on artificial intelligence to Boomer firms at a discounted rate.
|
|
Nov 20, 2025
The president's comments come as Senate Republicans prepare to hold a vote on extending the tax credits, which are slated to expire at the end of this year.
|
|
Nov 20, 2025
The company has struggled to meet SEC deadlines amid souring investments, flaws in its financial reporting and an ongoing investigation.
|
|
Nov 19, 2025
The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.
|
|
Nov 19, 2025
The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.
|
|
Nov 19, 2025
Over his six-decade long career, Richardson was a pioneer of technology in the profession, working as a consultant, speaker and former national director at EY.
|
|
Nov 19, 2025
The International Accounting Standards Board discussed adding new projects to its agenda, along with ongoing work on the equity method and intangible assets.
|
|
Nov 19, 2025
The role of the CFO continues to be redefined in 2025 and beyond in response to an evolving business landscape.
|
|
Nov 19, 2025
Accounting and other professional service firms are rushing to make sure that they will be mentioned in AI search results, with most planning to implement a strategy within the next six months.
|
|
Nov 19, 2025
An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.
|
|
Nov 19, 2025
An accounting error forced the British retailer to cut its profit outlook in North America for a second time, prompting Carl Cowling's departure.
|
|
Nov 19, 2025
Senator Todd Young is urging the IRS to reconsider guidelines on the tax treatment of rewards crypto owners collect for locking assets on a blockchain network.
|
|
Nov 19, 2025
Most accounting and bookkeeping firms are still flying blind when it comes to pricing, and it's eating into their margins.
|
|
Nov 18, 2025
Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.
|
|
Nov 18, 2025
Clients increasingly view the use of advanced technology as a differentiating factor when selecting their auditors, both in terms of how much people trust them and how much they're willing to pay for their services.
|
|
Nov 18, 2025
The Top 50 Firm acquired two more firms in Tennessee and Michigan.
|
|
Nov 18, 2025
Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.
|
|
Nov 18, 2025
A group of former Internal Revenue Service leaders discussed the state of the IRS at an AICPA tax conference after a wave of departures and layoffs.
|
|
Nov 18, 2025
Audit and advisory leaders are working to implement AI solutions, but major hurdles mean that most professionals remain largely dependent on manual processes.
|
|
Nov 18, 2025
Audit and advisory leaders are hard at work implementing AI solutions but major implementation hurdles mean that most professionals remain largely dependent on manual processes.
|
|
Nov 18, 2025
The Accounting and Auditing Organization for Islamic Financial Institutions is holding talks with stakeholders on planned changes to rules for sukuk securities.
|
|
Nov 18, 2025
AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.
|
|
Nov 18, 2025
Quant firm Dimensional Fund Advisors has received formal approval to adopt a fund structure that for two decades has been used exclusively by Vanguard.
|
|
Nov 18, 2025
Chicago Mayor Brandon Johnson's proposal to levy a $21-per-employee, per-month tax on companies was shot down by a city council committee on Monday.
|
|
Nov 17, 2025
The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.
|
|
Nov 17, 2025
Springline Advisory acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.
|
|
Nov 17, 2025
Nasty behavior by individuals at client companies toward auditors is widespread and can negatively affect auditor judgment, according a new academic study.
|
|
Nov 17, 2025
When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.
|
|
Nov 17, 2025
Chicago homeowners are getting hit with a record property tax hike after downtown office buildings and other commercial real estate values fell again.
|
|
Nov 17, 2025
Safe Harbor, a fintech serving cannabis and hemp operators, launched a platform with bookkeeping, payroll and CFO support.
|
|
Nov 17, 2025
The company, part of Malaysia's Genting Group, wants the state to lower its proposed tax rate or raise the levy that may be imposed on the other bidders.
|
|
Nov 17, 2025
Grant Thornton International is considering a possible minority stake sale of its Indian unit or a merger with its operations in the U.S. or Europe.
|
|
Nov 17, 2025
Clients increasingly view their accountants not just as compliance partners, but as essential growth engines. They don't just need a tax return and help with compliance, they need a strategic partner.
|
|
Nov 17, 2025
Clients increasingly view their accountants not just as compliance partners, but as essential growth engines. They don't just need a tax return and help with compliance, they need a strategic partner.
|
|
Nov 14, 2025
Pressure from political activist Laura Loomer apparently torpedoed the nomination of Donald Korb, who had previously served as chief counsel under President George W. Bush.
|
|
Nov 14, 2025
The Internal Revenue Service announced the rates for the start of next year, which will stay the same as this quarter.
|
|
Nov 14, 2025
Small business accounting platform Xero has become a billion-dollar company, announcing a 20% increase in operating revenue to bring its total, for the first time, to $1.2 billion, and aims to double it by 2028.
|
|
Nov 14, 2025
Small-business accounting platform Xero announced a 20% increase in operating revenue for the first half of its fiscal year, attributing it to a growing user base and higher average revenue per user.
|
|
Nov 14, 2025
Autonomy fosters resilience, adaptability and scalability, empowering teams to make decisions and innovate within a clearly defined framework. But autonomy cannot thrive in a vacuum.
|
|
Nov 14, 2025
How many useful tools are you failing to take advantage of in your profession?
|
|
Nov 14, 2025
Sage touts features for close automation, intelligence, compliance, expenses; TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.
|
|
Nov 14, 2025
Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.
|
|
Nov 14, 2025
The Association for Accounting Marketing announced new board members.
|
|
Nov 14, 2025
Former AICPA head Barry Melancon received a leadership award from IFAC; Connecticut CPAs plan their Day of Giving; a new board at AAM; and other firm and personnel news from across the accounting profession.
|
|
Nov 14, 2025
Firm leaders need to make decisions from clarity, rather than from the pressure to keep up.
|
|
Nov 13, 2025
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.
|
|
Nov 13, 2025
The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.
|
|
Nov 13, 2025
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.
|
|
Nov 13, 2025
Firms want candidates to have critical reasoning skills and not just be "robots" who follow processes and procedures blindly without questioning or interpretation.
|
|
Nov 13, 2025
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.
|
|
Nov 13, 2025
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.
|
|
Nov 13, 2025
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.
|
|
Nov 13, 2025
The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.
|
|
Nov 13, 2025
The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.
|
|
Nov 12, 2025
The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential threat from House Republicans.
|
|
Nov 12, 2025
The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.
|
|
Nov 12, 2025
CBIZ has released its 2026 Tax Planning Guide, offering a resource to help businesses and individuals navigate the One Big Beautiful Bill Act.
|
|
Nov 12, 2025
Crete Professionals Alliance added Acuity; and Mercer Advisors acquired Beach Freeman Lim & Cleland.
|
|
Nov 12, 2025
A new report finds internal audit professionals adjusting to flat and shrinking budgets and the encroachments of artificial intelligence.
|
|
Nov 12, 2025
Handling tough clients; not all revenue is created equal; military returns; and other highlights from our favorite tax bloggers.
|
|
Nov 12, 2025
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.
|
|
Nov 12, 2025
The Public Company Accounting Oversight Board leader outlines his vision for defining audit quality, highlights private equity concerns, and calls for AI guardrails.
|
|
Nov 12, 2025
Millionaires, who comprise less than 1% of New York City filers, generate 40% of city income tax revenue, says the Citizens Budget Commission.
|
|
Nov 12, 2025
President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.
|
|
Nov 12, 2025
Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.
|
|
Nov 12, 2025
Aprio is uniting its Aprio Firm Alliance with the Professional Services Alliance it inherited from RSM US to create a combined Aprio Alliance.
|
|
Nov 11, 2025
The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.
|
|
Nov 11, 2025
Citrin Cooperman merged in KBFM; Brown Edwards acquired DesRoches; and Pinion added Gifford & Cox.
|
|
Nov 11, 2025
Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.
|
|
Nov 11, 2025
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.
|
|
Nov 11, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
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.
|
|
Nov 10, 2025
Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.
|
|
Nov 10, 2025
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.
|
|
Nov 07, 2025
The International Sustainability Standards Board plans to take on the activities of the Taskforce on Nature-related Financial Disclosures.
|
|
Nov 07, 2025
RRBB names COO; Citrin Cooperman announced new partner class; and more news from across the profession.
|
|
Nov 07, 2025
The Regional Leader firm based in Rochester, New York, has acquired a firm also headquartered in Rochester.
|
|
Nov 07, 2025
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.
|
|
Nov 07, 2025
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.
|
|
Nov 07, 2025
CFOs must consider what falling rates might mean for their balance sheets, borrowing strategies and overall business positioning.
|
|
Nov 07, 2025
Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.
|
|
Nov 07, 2025
Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.
|
|
Nov 07, 2025
The Top 10 Firm agreed to add Grant Thornton Poland to its multinational platform, expanding its presence in Europe.
|
|
Nov 07, 2025
As WNBA commissioner, ex-Deloitte chief Cathy Engelbert has transformed women's basketball, but a standoff could threaten her leadership and her legacy.
|
|
Nov 07, 2025
Several investors in the accounting software provider are pushing the company to explore a potential sale following reported takeover interest by SAP.
|
|
Nov 06, 2025
Intuit announced a host of new agentic AI features for both TurboTax and Credit Karma users.
|
|
Nov 06, 2025
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.
|
|
Nov 06, 2025
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.
|
|
Nov 06, 2025
The deal expands the firm's franchise services group with a number of restaurant and food franchise clients.
|
|
Nov 06, 2025
To maximize value and strategic impact, finance leaders must ensure tech investments not only drive efficiency but align with wider organizational strategy.
|
|
