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Accounting Today
Jul 18, 2025

IRS reassesses service improvement projects amid layoffs
The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

Accounting Today
Jul 18, 2025

IRS enforcement efforts hit by cutbacks
The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.

Accounting Today
Jul 18, 2025

On the move: Whitley Penn names global talent partner
Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein Co. relocate offices; and more news from across the profession.

Accounting Today
Jul 18, 2025

The next generation's view of risk management: career or steppingstone?
One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession.

Accounting Today
Jul 18, 2025

Trump's law to cut US clean energy installs 41%
Eliminating federal incentives threatens to upend the U.S. energy industry by hampering the rollout of wind and solar.

Accounting Today
Jul 18, 2025

Finance leaders pulling back on spending and investments, except for AI
Amid cost pressures, more than a third of finance leaders have paused at least some capital spending and cut costs in virtually all areas except for AI.

Accounting Today
Jul 18, 2025

Tech news: Bloomberg announces new features for AI Assistant
Plus, Sage launches Tap to Pay feature; UHY offers CCMP accelerator courses; and other accounting technology news and updates.

Accounting Today
Jul 17, 2025

Accounting Today names 2025 Best Firms to Work For
The annual list recognizes the 100 top workplaces in the profession.

Accounting Today
Jul 17, 2025

Sax scores private equity investment
Sax, a Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, a private equity firm with offices in Brussels and New York, the latest firm to receive a PE investment.

Accounting Today
Jul 17, 2025

Doeren Mayhew acquires RMH
Doeren Mayhew grows its firm in the Houston market by acquiring Reimer McGuiness Hess CPAs & Advisors, effective July 1, 2025.

Accounting Today
Jul 17, 2025

Andersen adds Berman & Associates
Andersen, the fast-growing professional services firm, has expanded to Atlanta by merging in Berman & Associates,.

Accounting Today
Jul 17, 2025

Do we really need more CPAs, or just better support for the ones we have?
Can we really advocate for more CPA candidates when the accounting profession lacks the infrastructure and support to keep the ones we already have?

Accounting Today
Jul 17, 2025

Trump struggles to market his tax law that 61% of voters oppose
Selling the OBBBA to the American people may prove to be tougher than passing it, even for a president who built a career on savvy branding.

Accounting Today
Jul 16, 2025

IIA updates competency framework for internal auditors
The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.

Accounting Today
Jul 16, 2025

Treasury will need to come up with guidance on Big Beautiful Bill
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ from earlier tax legislation.

Accounting Today
Jul 16, 2025

Armanino merges in SAOS
The Top 25 Firm is extending its outsourcing capabilities, particularly in the nonprofit and family office sectors.

Accounting Today
Jul 16, 2025

Bet on growth through experimentation at firms
The accounting sector is poised to undergo its greatest reshuffling in generations.

Accounting Today
Jul 16, 2025

Small biz looks to AI, and other tech stories you may have missed
Plus, the agentic future of customer service and support; CEOs have mixed results with AI and cybersecurity; and upgrades to Microsoft Teams.

Accounting Today
Jul 16, 2025

Mamdani talks 'intifada,' taxes in grilling by business leaders
The Queens assemblyman brushed off concerns about higher taxes by saying wealthy New Yorkers would stay put regardless.

Accounting Today
Jul 16, 2025

Windsor Path offers PE alternative to firms
Windsor Path, a family office-backed platform for accounting firms, acquired WFFA Advisors, the non-attest business of Wagner, Fiber, Fine and Ackerman in New York City.

Accounting Today
Jul 15, 2025

In the blogs: Ob-La-Di OBBBA
OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

Accounting Today
Jul 15, 2025

PCAOB chair Erica Williams steps down
Public Company Accounting Oversight Board chair Erica Williams is departing next Tuesday, July 22, after her agency narrowly avoided an effort to eliminate it.

Accounting Today
Jul 15, 2025

CBIZ/Marcum combo yields the most new SEC clients in Q1
A major merger between two billion-dollar firms put CBIZ at the top of the list for new Securities and Exchange Commission Engagements.

Accounting Today
Jul 15, 2025

More winners and losers from the Trump tax bill
Many of the provisions of the OBBBA benefit businesses, but colleges and universities will take a hit, as will companies in renewable energy.

Accounting Today
Jul 15, 2025

Trump tax bill benefits companies, unless they're in renewable energy industry
Colleges and universities will also take a hit, as will taxpayers who depend on Medicaid, food assistance and owe money on their student loans.

Accounting Today
Jul 15, 2025

Deloitte gives its auditors more agentic AI capacities
Deloitte said its auditors will now have enhanced agentic AI capacities within Omnia, the firm's global cloud-based audit and assurance platform.

Accounting Today
Jul 15, 2025

Life insurance proceeds and valuation after Connelly
Here's why insurance-funded redemptions do not necessarily increase enterprise value and how a Supreme Court decision didn't reflect economic reality.

Accounting Today
Jul 15, 2025

Thomson Reuters launches agentic AI for tax advisory, 1040 processing
Thomson Reuters debuted two agentic AI offerings that are aimed at improving tax and advisory workflows: Ready to Advise and Ready to Review.

Accounting Today
Jul 15, 2025

Texas flooding, weather victims get tax relief
The IRS is giving payment and filing relief to taxpayers in the Lone Star State who were affected.

Accounting Today
Jul 14, 2025

Next Trump budget bill begins taking shape in House
The ink is hardly dry on the $3.4 trillion tax and spending package and House Republicans are already at work on a follow-up budget bill coming this autumn.

Accounting Today
Jul 14, 2025

4 tax-saving real estate strategies — and how to avoid their pitfalls
The Trump megalaw's expansion of opportunity zone credits and other investment approaches comes with caveats based on timing and taxes.

Accounting Today
Jul 14, 2025

IRS high-income taxpayer audits in doubt after layoffs
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts.

Accounting Today
Jul 14, 2025

Deloitte Tax acquires Trust Processing Solutions assets
The Big Four firm has acquired certain assets of a boutique firm specializing in fiduciary trust services, based in Cincinnati.

Accounting Today
Jul 14, 2025

Deloitte Tax acquisition boosts fiduciary trust services
The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.

Accounting Today
Jul 14, 2025

Tax strategies to maximize short-term rental profits
CPAs play a crucial role in helping property owners maximize their profits through advanced tax strategies.

Accounting Today
Jul 14, 2025

That WISP you downloaded? It's a liability, not a defense
Don't risk everything you've built for a short-term saving on a template. In today's world, that's the difference between surviving and thriving.

Accounting Today
Jul 14, 2025

Wolters Kluwer announces cloud-native version of CCH Validate
Wolters Kluwer announced a version of CCH Validate that is now entirely in the cloud.

Accounting Today
Jul 14, 2025

Verito offering bespoke WISP service
The VeritShield service offering is designed to help firms actively build and maintain a Written Information Security Program as required by the IRS.

Accounting Today
Jul 14, 2025

Trump tax law takes aim at office snacks
The president's signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire.

Accounting Today
Jul 14, 2025

Trump's tax law throws lifeline to unloved energy and climate sectors
The sweeping $3.4 trillion fiscal package is already creating opportunities for segments of the energy and climate industries that had fallen out of favor.

Accounting Today
Jul 11, 2025

PCAOB sanctions three firms
The Public Company Accounting Oversight Board today sanctioned Goldman & Company, CPA's, Raymond Chabot Grant Thornton, and PWR CPAs.

Accounting Today
Jul 11, 2025

Congress passes bill offering tax-filing relief after natural disasters
The Senate passed a bipartisan bill that would provide tax-filing relief for taxpayers in states that have issued state-level disaster declarations, sending the bill to President Trump for his signature.

Accounting Today
Jul 11, 2025

On the move: REDW appoints first OKC principal-in-charge
Wiss hosts third annual summer financial literacy program; Schneider Downs adds five shareholders; and more news from across the profession.

Accounting Today
Jul 11, 2025

Rethink expense report workflows for company credit cards
Auditing card transactions for fraud and policy violations is a specialized task, one that auditors and finance professionals are trained to handle.

Accounting Today
Jul 11, 2025

Tech news: Audit Sight releases Management Meeting Module
Plus, Abacus announces $6.6 million seed funding for agentic AI assistants; and other news and updates from the accounting tech arena.

Accounting Today
Jul 11, 2025

Tech news: AuditSight releases Management Meeting Module
AuditSight releases Management Meeting Module; Abacus announces $6.6 seed funding for agentic AI assistants; and other news and updates from the accounting tech arena.

Accounting Today
Jul 11, 2025

Auditors fail in role of safeguarding carbon offsets: study
Auditors selected and paid by the companies they inspect can't affirm the credibility of the projects they assess, according to a research paper.

Accounting Today
Jul 10, 2025

Tax Fraud Blotter: Who ya gonna call?
Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases.

Accounting Today
Jul 10, 2025

Smith Howard starts new tax practices
Smith Howard, an Atlanta-based Top 100 Firm, has opened two new tax practices: Site Selection Incentives and State and Local Income Tax Consulting.

Accounting Today
Jul 10, 2025

Trump's tax bill offers planning opportunities
Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week.

Accounting Today
Jul 10, 2025

IESBA, IAASB form expert groups on sustainability standards
The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.

Accounting Today
Jul 10, 2025

Auditors with unusual names deviated from rules, study finds
Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.

Accounting Today
Jul 10, 2025

Shift from budget gatekeeper to strategic partner
Financial teams often struggle to understand what's behind cloud costs.

Accounting Today
Jul 10, 2025

It's time to better manage your cloud costs
Finance professionals are in an unusual position where they sometimes must translate between engineering and business leaders.

Accounting Today
Jul 10, 2025

UK watchdog investigates Deloitte audit of collapsed fintech Stenn
The Financial Reporting Council is probing several audits carried out by Deloitte and U.K. accounting firm Azets Holdings between 2017 and 2023.

Accounting Today
Jul 10, 2025

UK watchdog probes Deloitte audit of collapsed fintech
The Financial Reporting Council is probing several audits carried out by Deloitte and U.K. accounting firm Azets Holdings between 2017 and 2023.

Accounting Today
Jul 10, 2025

Ramp releases AI agents for expense approvals, analytics
Ramp released of its first set of AI agents, "built and trained to think like your sharpest controller and work like a thousand of them—around the clock."

Accounting Today
Jul 10, 2025

Trump tax law a surprise boon for affordable housing
A set of provisions tucked into the law has real estate developers and affordable housing proponents cheering — though some view it as a bittersweet victory.

Accounting Today
Jul 09, 2025

BDO names Matt Becker next CEO
Matthew Becker, BDO USA's national managing principal of tax, has been ratified by a principal-wide vote to succeed Wayne Berson as the firm's next CEO, effective July 1, 2026.

Accounting Today
Jul 09, 2025

M&A roundup: Meaden & Moore; Platform Accounting expand
Meaden & Moore acquires ChainRing Advisors; Platform Accounting expands in Chicago.

Accounting Today
Jul 09, 2025

Accountants well positioned to meet growing demand for AI assurance
A joint report by the AICPA and Chartered Professional Accountants Canada said the rapid rise of AI opens up new opportunities for accountants to provide independent assurance of these systems.

Accounting Today
Jul 09, 2025

Franklin Alliance acquires second firm
The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.

Accounting Today
Jul 09, 2025

The accountant's advantage over technology in fraud prevention
Fraud prevention demands more than data analysis; it requires leadership, cultural development and strategic foresight.

Accounting Today
Jul 09, 2025

IRS FIRE's going out for 2027 tax season
The Internal Revenue Service plans to shutter its Filing Information Returns Electronic, or FIRE, system.

Accounting Today
Jul 09, 2025

A status quo rate in Trump tax bill is big win for corporations
Executives at America's largest corporations watched Donald Trump sign a massive tax-cut bill without any change in their own companies' tax rates.

Accounting Today
Jul 09, 2025

Avalara rolls out AI tax research bot
Tax solutions provider Avalara released its newest AI offering, Avi for Tax Research, a generative AI-based solution embedded in Avalara Tax Research.

Accounting Today
Jul 08, 2025

IRS allows churches to endorse political candidates
The Internal Revenue Service has given churches and other houses of worship the green light to endorse political candidates.

Accounting Today
Jul 08, 2025

In the blogs: It is done
OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

Accounting Today
Jul 08, 2025

Supreme Court lets Trump proceed with broad workforce cuts, including IRS
The U.S. Supreme Court let President Trump move ahead with plans to dramatically reduce the size of the federal government.

Accounting Today
Jul 08, 2025

IAASB revises auditor fraud standard
The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

Accounting Today
Jul 08, 2025

CFO optimism dropped in Q2
The number of CFOs who say now is a good time to take greater risks plummeted to 33% in the second quarter, down from 60% in Q1, according to a Deloitte survey.

Accounting Today
Jul 08, 2025

New scams, new weapons to fight client ID theft
The IRS is warning tax professionals about a host of new and resurgent fraud schemes.

Accounting Today
Jul 08, 2025

CohnReznick acquires Piascik
The Top 25 Firm based in New York is expanding to Richmond, Virginia, by combining with a firm with specialized tax services.

Accounting Today
Jul 08, 2025

CohnReznick merges in Piascik
The Top 25 Firm based in New York is expanding to Richmond, Virginia, by adding a firm with specialized tax services, effective July 1.

Accounting Today
Jul 08, 2025

Pros and cons of the Big Beautiful Bill
From bonus depreciation and R&E expensing to the higher standard deduction, the Trump tax bill covers a lot of ground.

Accounting Today
Jul 08, 2025

How to market financial services to younger generations
Now is an excellent time to expand your horizons and target millennials and Generation Z.

Accounting Today
Jul 08, 2025

Trump orders stricter enforcement of clean energy tax rules
Solar and wind projects that already had been pared back by Trump's $3.4 trillion budget bill designed to end green energy incentives.

Accounting Today
Jul 07, 2025

Firms on Windows 10 will get more time before support runs out
The impending end of support for Windows 10 has been delayed, giving accounting firms a little more time to make upgrades before it is officially obsolete.

Accounting Today
Jul 07, 2025

Wall Street builds 'no dividend' fund in new tax dodge
Asset managers are building products that give investors more control over when — and whether — they owe taxes.

Accounting Today
Jul 07, 2025

S&P sees Trump tax law hurting states and hospitals
The bill is expected to push almost 12 million Americans off their health insurance, creating long-term financial issues for states and health-care providers.

Accounting Today
Jul 07, 2025

S&P sees Trump tax law hurting states, hospitals
The bill is expected to push almost 12 million Americans off their health insurance, creating long-term financial issues for states and health-care providers.

Accounting Today
Jul 07, 2025

Notre Dame loses protection from endowment tax in GOP bill
A loophole for religious schools was removed from the final tax bill, leaving the Indiana-based school to pay a higher levy on its $20 billion endowment.

Accounting Today
Jul 07, 2025

IRS obsoletes 83 pieces of old guidance
The Internal Revenue Service has declared 83 pieces of old guidance in the Internal Revenue Bulletin to be obsolete in accordance with Trump executive orders.

Accounting Today
Jul 07, 2025

PCAOB highlights good client acceptance practices
The Public Company Accounting Oversight Board gave reminders for auditors who audit smaller public companies in its latest staff publication.

Accounting Today
Jul 07, 2025

PCAOB posts engagement acceptance reminders
The Public Company Accounting Oversight Board gave reminders for auditors who audit smaller public companies in its latest staff publication, "Audit Focus: Engagement Acceptance."

Accounting Today
Jul 07, 2025

IRS urged to improve tracking of seized digital assets
The IRS's Criminal Investigation division needs to do a better job of keeping track of the billions of dollars in cryptocurrency, says TIGTA.

Accounting Today
Jul 07, 2025

Managing stress at your firm
Kristy Short shares best practices for keeping your staff — and yourself — from burning out.

Accounting Today
Jul 07, 2025

AICPA recommends careful IRS transition away from paper checks
The American Institute of CPAs hopes to smooth the administration's transition away from paper tax refunds at the Internal Revenue Service.

Accounting Today
Jul 07, 2025

AICPA cautions IRS on transition away from paper checks
The American Institute of CPAs hopes to smooth the Trump administration's move away from paper tax refunds at the Internal Revenue Service.

Accounting Today
Jul 07, 2025

Ed Mendlowitz is why accounting is great
Accountants like Ed are as dedicated to helping their peers in the profession as they are to helping their clients.

Accounting Today
Jul 07, 2025

The next frontier in accounting: Autonomous AI agents
This powerful technology, capable of autonomously managing multiple accounting tasks, demands careful and responsible implementation.

Accounting Today
Jul 07, 2025

Who won and lost in Trump's tax bill
Business investors and wealthy Americans are among the biggest winners. Those hit the hardest include elite universities, who face new levies, and immigrants.

Accounting Today
Jul 07, 2025

Trump signs tax-cut and funding bill at White House ceremony
President Trump signed his $3.4 trillion budget bill into law, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funds for an immigration crackdown.

Accounting Today
Jul 03, 2025

Tax Fraud Blotter: No solution
Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

Accounting Today
Jul 03, 2025

On the move: Nisivoccia wins President's Award for advocacy work
New FICPA chair begins tenure; Blue & Co. opens new office in Chattanooga; and more news from across the profession.

Accounting Today
Jul 03, 2025

Trump wins broad economic policy shift as House passes tax bill
President Donald Trump secured a sweeping shift in U.S. domestic policy as the House passed a $3.4 trillion fiscal package that cuts taxes, curtails spending on safety-net programs and reverses much of Joe Biden's efforts to move the country toward a clean-energy economy.

Accounting Today
Jul 03, 2025

Congress passes Trump tax bill
House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.

Accounting Today
Jul 03, 2025

Tech news: Wolters Kluwer adds document summaries, tool directory to CCH AnswerConnect
Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.

Accounting Today
Jul 03, 2025

AICPA proposes to toughen auditors' responsibilities for spotting fraud
The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

Accounting Today
Jul 03, 2025

Employers added 147K jobs in June, including 200 in accounting
The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.

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