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May 16, 2025
President Donald Trump called on members of his party to unite behind his economic agenda in Congress, putting pressure on factions of lawmakers who are calling for last-minute changes to the legislation to drop their demands.
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May 16, 2025
While CPA firms far and wide have made major technology investments over the years, the vast majority of accountants say they're not being used to their full potential.
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May 16, 2025
Changing regs and member needs keep Richard O'Leary on his toes as he guides PP&Co.'s hospitality practice and its many club clients
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May 16, 2025
Hard-line conservatives bucked President Donald Trump and blocked the massive tax bill over cost concerns.
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May 16, 2025
With private equity backing, Grant Thornton Advisors is rapidly expanding its international platform.
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May 16, 2025
Despite security enhancements from Microsoft, CPA firms are likely to disable the controversial Recall feature in Windows 11, which uses AI to create a precise record of user activity.
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May 16, 2025
The Association for Accounting Marketing recognized five individuals and bestowed 16 firm awards for excellence in the field.
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May 16, 2025
The Association for Accounting Marketing recognized five individuals and bestowed 16 firm awards for excellence in the field.
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May 16, 2025
Plus, OneStream announces new AI agents, other solutions; Suralink rolls out request-to-test solution; and other accounting tech news and updates.
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May 16, 2025
Makosi rolls out AI agent built specifically for EBP audits; OneStream announces new AI agents, other solutions; Suralink rolls out request-to-test solution; and other accounting tech news and updates.
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May 16, 2025
INCPAS hosts leadership event; KNAV welcomes new partner; and more news from across the profession.
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May 16, 2025
INCPAS hosts leadership event; KNAV welcomes new partner; and more news from across the profession.
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May 15, 2025
By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.
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May 15, 2025
The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey's Accountancy Act.
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May 15, 2025
The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey's Accountancy Act.
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May 15, 2025
Top 25 Firm Armanino has added Salt Lake City-based Cooper Savas.
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May 15, 2025
The Top 75 Firm based in Atlanta is expanding into Greenville, South Carolina, effective June 1, 2025.
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May 15, 2025
The International Auditing and Assurance Standards Board released information on its new standard, while the International Public Sector Accounting Standards Board has an exposure draft on materiality.
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May 15, 2025
The far-reaching tax reconciliation bill from Republicans on the House Ways and Means Committee would add significant new provisions to the Tax Code.
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May 15, 2025
Playing defense; shocking stuff; to the cleaners; and other highlights of recent tax cases.
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May 15, 2025
The Public Company Accounting Oversight Board staff released a new publication highlighting the perspectives of audit committee chairs.
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May 15, 2025
The Public Company Accounting Oversight Board staff released a new publication highlighting the perspectives of audit committee chairs.
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May 15, 2025
What many taxpayers do not realize is that their property tax assessment can — and in many cases should — be reviewed and appealed.
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May 15, 2025
The changes deal with the intersection of the requirements of FASB's revenue recognition and stock compensation standards as they involve customers.
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May 15, 2025
The changes deal with the intersection of the requirements of FASB's revenue recognition and stock compensation standards.
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May 15, 2025
The move would constitute "a complete death" for energy projects that rely on global supply chains for solar cells, magnets, batteries and other materials.
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May 15, 2025
Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.
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May 15, 2025
Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.
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May 15, 2025
The cost of the draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher.
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May 15, 2025
Rep. Jason Smith said lawmakers from high-tax states should support the $30,000 limit his committee put on the state and local tax deduction.
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May 15, 2025
What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?
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May 14, 2025
The American Institute of CPAs is worried about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.
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May 14, 2025
The American Institute of CPAs is concerned about a provision in the tax reconciliation bill limiting deductibility of state and local taxes paid by firms.
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May 14, 2025
Wealthy Americans and business investors are among the big winners while targets of Trump's ire such as immigrants and elite universities were hammered.
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May 14, 2025
Key Senate Republicans are resisting the House's plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies and nuclear power.
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May 14, 2025
These days, it takes an AI village to develop an accountant.
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May 14, 2025
Zoho's customer relationship manager, previously only for sales teams, has been modified and enhanced with AI to become CRM for Everyone.
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May 14, 2025
The IRS is granting up to $200,000 to individual low-income taxpayer clinics.
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May 14, 2025
The new payments solution promises to be the first step in a broader move into financial services.
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May 14, 2025
The American Institute of CPAs and National Association of State Boards of Accountancy OK'ed model legislation providing an alternative path to a CPA license.
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May 14, 2025
President Trump's economic package took a major step toward becoming law when a House committee approved trillions in new tax cuts on a party-line vote.
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May 14, 2025
Plus, faking resumes with AI, the return of Microsoft's Recall, and seven other developments in technology.
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May 13, 2025
Valuations this year; handling interviewees; AI and accounting ed.; and other highlights from our favorite tax bloggers.
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May 13, 2025
The House Ways and Means Committee held a hearing to mark up the "one, big beautiful bill" extending expiring provisions of the TCJA and adding other tax breaks.
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May 13, 2025
The Federal Accounting Standards Advisory Board wants input on accounting issues and questions related to reorganizations and abolishments amid DOGE cuts.
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May 13, 2025
A report by the Association of Chartered Certified Accountants found 54% of North American respondents say they have career ambitions to be entrepreneurs.
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May 13, 2025
Sage announced a series of new features and enhancements for its latest release of Sage Intacct, many of which center around AI.
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May 13, 2025
The persistent presence of behavioral biases distort our decisions, including in the accounting field.
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May 13, 2025
Campaign pledges like no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors, are the centerpiece of a multitrillion-dollar package.
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May 13, 2025
The Chartered Institute of Management Accountants updated its CGMA Professional Qualifications Syllabus for 2026 to emphasize finance business partnering and applied problem solving.
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May 13, 2025
GOP leaders proposed a $30,000 cap on the federal income tax deduction for state and local taxes.
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May 13, 2025
Accountants and tax professionals need to be ready to help their clients choose the right type of business entity.
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May 13, 2025
House Republicans' release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass.
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May 12, 2025
A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy.
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May 12, 2025
A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.
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May 12, 2025
A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.
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May 12, 2025
President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.
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May 12, 2025
President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.
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May 12, 2025
The House tax committee aims to make official several of President Trump's campaign tax pledges, and to avoid a millionaire tax.
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May 12, 2025
The House tax committee is seeking to increase the state and local deduction and make official several of President Trump's campaign tax pledges.
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May 12, 2025
The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.
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May 12, 2025
The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.
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May 12, 2025
The Financial Accounting Standards Board released an update to improve the requirements for identifying the accounting acquirer in business combinations.
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May 12, 2025
Public accounting is a vibrant and strong profession and also a business, as shown in data from the latest rankings on firm revenues, partners and staff size.
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May 12, 2025
Approximately three-quarters of large global companies are receiving assurance services on their sustainability reporting, according to a new report.
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May 12, 2025
The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.
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May 12, 2025
House Republicans are struggling to resolve issues with President Trump's multitrillion-dollar tax package, including the SALT deduction.
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May 12, 2025
House Republicans are struggling to resolve issues with President Trump's multitrillion-dollar tax package, including the deduction for state and local taxes.
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May 12, 2025
The committee also proposes limiting states' ability to pay their share of Medicaid by placing a moratorium on new or increased taxes on medical providers.
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May 12, 2025
Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.
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May 12, 2025
The proposal calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
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May 09, 2025
Artificial intelligence has indeed led tech-forward firms to be more efficient and productive, but at the same time firms have found it still struggles with precision and accuracy, limiting its usefulness.
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May 09, 2025
The debate over state and local tax deductions has been a thorny fight because it's a political priority for a small but vocal group of Republicans.
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May 09, 2025
The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
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May 09, 2025
The videos cover roles and responsibilities, ethics and independence, people resources, and technological and intellectual resources.
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May 09, 2025
Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.
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May 09, 2025
PICPA installs new president; PCAOB appoints acting chief economist; and more news from across the profession.
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May 09, 2025
Just like hotels and restaurants, when you move up the price ladder, you move up the expectations ladder.
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May 09, 2025
It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.
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May 09, 2025
It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.
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May 09, 2025
President Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package.
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May 09, 2025
President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
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May 09, 2025
President Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges.
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May 08, 2025
President Trump's 'big beautiful bill' continues to move through the House and Senate.
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May 08, 2025
The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.
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May 08, 2025
The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.
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May 08, 2025
Tech-forward CPA firms reported a variety of areas in need of a tech upgrade, especially practice management systems and tech infrastructure.
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May 08, 2025
Tech-forward CPA firms reported a variety of areas in need of a tech upgrade, especially practice management systems and tech infrastructure.
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May 08, 2025
An unclean sweep; quite an education; Ferrari fever; and other highlights of recent tax cases.
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May 08, 2025
Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction to provide more money to the smallest businesses.
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May 08, 2025
Democratic Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction for the smallest businesses.
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May 08, 2025
The state and local tax issue has been one of the most contentious for the House GOP to resolve.
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May 08, 2025
Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.
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May 08, 2025
The taboo around discussing and comparing accounting salaries is slowly fading.
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May 08, 2025
Among companies that have disclosed financial projections, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs this quarter.
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May 08, 2025
Tech-forward accounting firms have devoted considerable time and resources toward improving client onboarding, cybersecurity and AI tools.
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May 08, 2025
Tech-forward accounting firms have devoted considerable time and resources toward improving client onboarding, cybersecurity and AI tools.
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May 08, 2025
The legislative push for the massive tax package will begin in earnest next week as key House committees consider the legislation despite lingering divisions.
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May 07, 2025
The Top 75 Firm based in Atlanta has steered clear of private equity funding so far and plans to remain independent, despite frequent calls and emails.
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May 07, 2025
Judgments that are overly optimistic, unsupported or poorly documented can tip into the territory of errors or fraud, leading to restatements and enforcement.
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