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Jul 26, 2024
The final wording of the communique is subject to ongoing debates.
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Jul 26, 2024
Double-dipping on wage claims and saying masks disrupted operations are just two new hallmarks of bad Employee Retention Credit claims.
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Jul 26, 2024
The Internal Revenue Service isn't in full compliance with the federal government's guidance for removal of TikTok from devices, according to a new report.
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Jul 26, 2024
The accountant shortage remains an acute challenge in the U.S. and other parts of the globe, but some countries may be experiencing a comeback.
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Jul 26, 2024
I volunteered as a conference host to meet the people in the field doing the hard work of government financial management every day.
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Jul 26, 2024
NASBA expands new leadership team; KLR promotes pair of partners; and more news from across the profession.
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Jul 25, 2024
Kratom ka-boom; what a sport; treed; and other highlights of recent tax cases.
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Jul 25, 2024
The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.
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Jul 25, 2024
A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.
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Jul 25, 2024
Companies that lag in making payments more streamlined have the potential of risking customer dissatisfaction and falling behind competitors.
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Jul 25, 2024
UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.
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Jul 25, 2024
The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.
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Jul 24, 2024
The Internal Revenue Service issued a notice with initial guidance on claiming a tax credit involving carbon sequestration.
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Jul 24, 2024
Corporate performance management solutions provider OneStream debuted today on the Nasdaq with a roughly $490 million IPO
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Jul 24, 2024
The Garden State will be the next to join the program next filing season.
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Jul 24, 2024
The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.
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Jul 24, 2024
The CPA industry is undergoing profound change, reshaping the landscape of professional services.
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Jul 24, 2024
The shock replacement of the Democratic presidential candidate less than four months before the election has introduced a new element of uncertainty about the outlook for economic policy in 2025 and beyond.
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Jul 23, 2024
Preliminary results of a recent survey suggest that the location — and sources — of dissatisfaction in accounting firms may be surprising.
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Jul 23, 2024
AitM; IRS strategies after Chevron; the taxman's jackpot; and other highlights from our favorite tax bloggers.
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Jul 23, 2024
The Public Company Accounting Oversight Board has released the result of initial outreach efforts regarding auditors and generative AI.
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Jul 23, 2024
Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.
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Jul 23, 2024
The landscape of talent acquisition is rapidly shifting due to intense competition for top talent and the rise of the gig economy.
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Jul 23, 2024
Individuals and businesses in the affected counties now have until next Feb. 3 to file various federal individual and business tax returns and make tax payments.
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Jul 22, 2024
While she has promoted the Biden administration's policies, she has campaigned on ideas that are more far-reaching in scope than the president's plans.
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Jul 22, 2024
Social engineering raises some serious questions about data protection and compliance of accounting firms.
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Jul 22, 2024
Thomson Reuters announced the general release of Checkpoint Edge with CoCouncil, now sporting an AI-Assisted Research feature for tax research as well.
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Jul 22, 2024
It's all too easy to become consumed by our screens, losing touch with the human connections that are vital to our work.
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Jul 22, 2024
Daniel Dustin has named Kent Absec, Brenner Allen, William Emmer and Sedrik Newbern to key leadership roles at the National Association of State Boards of Accountancy, effective Aug. 1.
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Jul 22, 2024
There is a tendency to keep the clients we have, whether they are overgrown or not, or whether or not they still fit.
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Jul 22, 2024
Service line leaders stand at the point where a firm's overall strategy meets the delivery of its actual services, says Sarah Dobek of Inovautus Consulting.
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Jul 22, 2024
Test your accounting knowledge on chief AI officers, Operation Hidden Treasure, and more. No. 2 pencil not required!
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Jul 19, 2024
You need to be on your toes if you work in sales tax, as states are known to make substantial sales tax policy changes with little to no notice. Vermont, North Carolina, New Jersey and Ohio provide standout examples this summer.
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Jul 19, 2024
Accounting firms are helping clients navigate the tax incentives available under the Inflation Reduction Act.
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Jul 19, 2024
Weaver appoints regional executive partners; Plante Moran adds 25 partners; and more news from across the profession.
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Jul 19, 2024
If CFOs were students, their grades would be taking a hit due to late homework.
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Jul 19, 2024
Intelligize announces AI solution for SEC filing; Bloomberg Tax and Accounting unveils new AI features; and other news from the accounting technology world.
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Jul 18, 2024
Go Pats; on the hook; two down; and other highlights of recent tax cases.
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Jul 18, 2024
The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.
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Jul 18, 2024
A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.
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Jul 18, 2024
The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.
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Jul 18, 2024
San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.
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Jul 18, 2024
Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.
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Jul 18, 2024
The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.
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Jul 18, 2024
To achieve greater agility, accuracy, and foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.
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Jul 18, 2024
The top state takes in $7,200 in tax per capita.
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Jul 17, 2024
Former President Trump is disavowing the conservative blueprint, which advocates for radical shifts in regulations and taxes that would reverberate in the industry.
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Jul 17, 2024
An influx of investors is accelerating growth in the professional services sector.
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Jul 17, 2024
As Republicans gather in Milwaukee this week for the Republican National Convention, the details in the platform provide no specifics on taxes, although extending the expiring provisions of the Tax Cuts of Jobs Act of 2017 is a top priority.
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Jul 17, 2024
Andersen adds Reilly, Fisher & Solomon; and Platform Advisors acquires Silver Co.
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Jul 17, 2024
The bookkeeping solutions provider debuted its Generative Accounting Retrieval sYstem, GARY.
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Jul 17, 2024
The Internal Revenue Service is now requiring taxpayers and financial institutions to authenticate their identities when they sign in or register to use the Foreign Account Tax Compliance Act website as an extra security measure.
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Jul 17, 2024
Big Four firm PwC announced that Dan Priest, mostly recently its cloud and digital market leader, as the new chief AI officer for U.S. firms.
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Jul 17, 2024
The Big Four firm named Dan Priest as its chief AI officer for the U.S.
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Jul 17, 2024
Tyler Otto, president and owner of Specialty Bookkeepers, turned his wife's side hustle into a full-fledged firm after losing his job.
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Jul 17, 2024
The adoption of on-chain accounting in stablecoin markets is not just a theoretical concept; it's already being implemented.
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Jul 16, 2024
The Big Four firm netted the most new SEC audit clients in the first quarter, followed closely by Deloitte.
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Jul 16, 2024
BOI guidance; IRS accessibility; home on the road; and other highlights from our favorite tax bloggers.
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Jul 16, 2024
The role of the internal auditor is expected to change drastically in the decade to come, according to a new report by the Institute of Internal Auditors.
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Jul 16, 2024
A roundup of the most important court cases, regulations and more in tax for the first six months of the year.
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Jul 16, 2024
Accounting is an industry wedded to traditional techniques, so leveraging new technology will require a cultural shift within the organization.
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Jul 16, 2024
The muni tax-exemption — estimated to cost the U.S. government roughly $40 billion each year — has been mentioned as a target for elimination.
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Jul 16, 2024
Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?
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Jul 16, 2024
AuditBoard has released an out-of-the-box assessment tool feature for internal auditors to assess conformance with new IIA global standards.
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Jul 15, 2024
The IRS warned about bad advice that's being peddled on social media promoting a bogus "Self Employment Tax Credit" and prompting unsuspecting taxpayers to file false claims for the credit.
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Jul 15, 2024
The Internal Revenue Service could be doing a better job of cracking down on tax noncompliance by users of virtual currency or digital assets, according to a new report.
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Jul 15, 2024
Wolters Kluwer announced the release of CCH® Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.
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Jul 15, 2024
The combination of variable prepaid forwards with long and short equity positions outpaces the after-tax returns of a direct indexing strategy, a new study found.
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Jul 15, 2024
Ron Baker's efforts to elevate practice management are innovative, insightful and venerable and should be understood by everyone managing a practice or who wants to.
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Jul 15, 2024
OneStream Inc. is seeking to raise $465.5 million in a U.S. initial public offering for the cloud-based platform. which includes accounting and budgeting.
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Jul 15, 2024
OneStream Inc. and a group of shareholders including KKR & Co. are seeking to raise $465.5 million in a U.S. initial public offering.
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Jul 15, 2024
CliftonLarsonAllen CEO Jen Leary has been focusing on expanding the firm's appeal, especially to young accountants, as CLA grows its international network.
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Jul 15, 2024
Test your accounting knowledge on AI layoffs, the IRS Direct File program, and more. No. 2 pencil not required!
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Jul 12, 2024
Both accounting firms and the businesses they serve will grab onto the automation wave or die.
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Jul 12, 2024
The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.
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Jul 12, 2024
The Atlanta-based Top 50 Firm secured funding from Boston-based Charlesbank Capital Partners.
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Jul 12, 2024
Grant Thornton names three regional leaders; Schneider Downs establishes new subsidiary; and more news from across the profession.
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Jul 12, 2024
CBIZ rolls out "D@ta Nexus" suite; Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.
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Jul 11, 2024
For financial advisors, tax professionals and their clients, the opportunities and acronyms look endless. Three experts explain the key questions to consider.
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Jul 11, 2024
An important element of the initiative is to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.
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Jul 11, 2024
The International Auditing and Assurance Standards Board issued new advice Wednesday for auditing smaller companies.
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Jul 11, 2024
The lease accounting solutions provider is the company's third acquisition this year.
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Jul 11, 2024
After my last column about spreading out the tax season, several readers contacted me to share their experiences about making busy season more sane.
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Jul 11, 2024
Action; very little cash; not from around here; and other highlights of recent tax cases.
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Jul 11, 2024
The Accounting and Financial Reporting Council is still carrying out a separate investigation into audits on China Evergrande Group.
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Jul 10, 2024
Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.
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Jul 10, 2024
The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.
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Jul 10, 2024
The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.
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Jul 10, 2024
Orumé Hays, founder of Hays CPA, wanted to make sure her future was never in someone else's hands.
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Jul 10, 2024
Following an exodus of major clients, Big Four firm PricewaterhouseCoopers is cutting at least a hundred employees in China.
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Jul 10, 2024
The acquisition will expand the Top 100 Firm's portfolio of specialized accounting software and ERP solutions, particularly in manufacturing and distribution.
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Jul 10, 2024
The IRS is pushing back both filing and payments deadlines for impacted taxpayers.
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Jul 10, 2024
Some of Accounting Today's 2024 Fastest-Growing Firms share the obstacles they had to overcome to turbocharge their revenue.
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Jul 10, 2024
Some of Accounting Today's 2024 Fastest-Growing Firms share what they're excited about for the future.
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Jul 10, 2024
Some of Accounting Today's fastest-growing firms share what turbo-charged their expansion over the past year.
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Jul 10, 2024
Too many accountants use these arguments to avoid charging clients what they should.
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Jul 10, 2024
The head of the IRS's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
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Jul 10, 2024
The head of the Internal Revenue Service's Direct File program cites careful scoping and a blended team of government and private sector for making it work.
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Jul 09, 2024
Estate attorneys are creating revival trusts aimed at extending wealth until people who get cryonically preserved can be revived, even if it's hundreds of years later.
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Jul 09, 2024
The rich and the audits; after Beryl; just ask; and other highlights from our favorite tax bloggers.
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