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Top News
Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Accounting Standards December 19, 2025
AICPA Seeks Comment on Ethics Rules Update for Alternative Practice Structures
The exposure draft identifies relationships and circumstances that could impair independence and addresses factors for evaluating threats, where appropriate.
December 19, 2025
1 in 8 Seniors Have Already or Plan To Rejoin the Workforce in 2026
A new survey of older Americans shows that nearly 1 in 8 seniors over age 65 have already returned to work or plan to rejoin the workforce in 2026. The survey was commissioned by ResumeBuilder, a resource for professional resume templates and career advice.
Auditing December 19, 2025
CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues
Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.
Technology December 19, 2025
Thomson Reuters Executive Roundtable – The Accounting Technology Lab Podcast – Dec. 2025
In this episode of The Accounting Technology Lab, hosts Randy Johnston and Brian Tankersley participate in a round table discussion with several executives from Thomson Reuters, while attending the company's annual Synergy conference in Orlando.
Auditing December 19, 2025
PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings
West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.
Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.
Taxes December 18, 2025
IRS Confirms $2K Slot Jackpot Threshold Set to Begin in 2026
The confirmation follows Monday’s posting of a draft IRS Form W-2G, reflecting changes mandated by the OBBBA, which amended federal information-reporting requirements for certain payments, including casino gambling winnings.
Tax News
Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Taxes December 18, 2025
IRS Confirms $2K Slot Jackpot Threshold Set to Begin in 2026
The confirmation follows Monday’s posting of a draft IRS Form W-2G, reflecting changes mandated by the OBBBA, which amended federal information-reporting requirements for certain payments, including casino gambling winnings.
Taxes December 18, 2025
Trump Signs Order to Expand Access to Marijuana, Lower Taxes on Cannabis Businesses
Among the most immediate impacts of rescheduling marijuana as a Schedule III drug would be relief from IRS Code 280E, which prevents businesses that handle Schedule I or II substances from deducting routine expenses such as rent, payroll and equipment.
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AICPA December 18, 2025
AICPA Applauds Passage of Disaster Legislation to Extend Lookback Period
The act offers taxpayers impacted by disasters more opportunities to meet their tax obligations without additional confusion, stress, and anxiety.
Taxes December 18, 2025
AICPA Urges Treasury, IRS to Establish Lower User Fee Category for Private Letter Ruling Requests
The AICPA’s letter echoes concerns also raised in a 2016 AICPA comment letter recommending reduced user fees for these types of requests.
Taxes December 17, 2025
Trump Announces $1,776 ‘Warrior Dividend’ Bonuses for Active Military and Some Reserves
The "Warrior Dividend" President Donald Trump announced Dec. 17 is $1,776 and will be sent to service members before Christmas.
Taxes December 17, 2025
Here’s Why Americans Could See a $1,000 Increase in Tax Refunds Next Year
Recent tax legislation imposed by President Donald Trump and enacted by the One Big Beautiful Bill Act is at the heart of the increase, the White House said.
Taxes December 17, 2025
4 House Republicans Defied GOP Leadership to Force Action on ACA Tax Credits
In a major blow to House Speaker Mike Johnson, four Republicans—Reps. Brian Fitzpatrick (Pa.), Mike Lawler (N.Y.), Robert Bresnahan (Pa.) and Ryan Mackenzie (Pa.)—signed Minority Leader Hakeem Jeffries' (D-N.Y.) discharge petition to force a House vote on a bill extending Affordable Care Act subsidies.
Accounting News
Accounting Standards December 19, 2025
AICPA Seeks Comment on Ethics Rules Update for Alternative Practice Structures
The exposure draft identifies relationships and circumstances that could impair independence and addresses factors for evaluating threats, where appropriate.
Auditing December 19, 2025
CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues
Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.
Auditing December 19, 2025
PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings
West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.
Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.
Firm Management December 18, 2025
Grant Thornton Reaches Record $8.5 Billion of Global Revenue in 2025
The Grant Thornton network of global accounting firms raked in a record $8.5 billion of revenue for the 2025 financial year, an increase of 6.1% in local currency terms and 5.9% in U.S. dollar terms from the previous year.
Firm Management December 18, 2025
BDO Reports 4% Growth in 2025 Global Revenue
2025 global revenue for BDO reached $11 billion for the financial year ending Sept. 30, a 4% increase from last year, the accounting firm said Dec. 10.
Technology December 18, 2025
Dext Launches AI Agent for Bookkeeping Automation
Dext has launched its new Extraction as a Service platform, enabling software providers and fintechs to embed Dext’s market-leading data extraction directly into their applications.
Accounting December 18, 2025
BDO CEO Wayne Berson Receives Lifetime Achievement Award from Leukemia Society
The James L. Eichberg Lifetime Achievement Award recognizes the outstanding accomplishments of an individual or organization that has demonstrated dedication and commitment to the mission of Blood Cancer United.
Payroll News
Payroll December 17, 2025
These Christmas Songs Most Likely to Tank Productivity at Work, Study Finds
TopResume analyzed Spotify’s most popular Christmas songs and ranked them by beats per minute to reveal the tracks most likely to derail office concentration.
Payroll December 17, 2025
Career Trade-Offs Report: How Stagnant Pay, Mounting Debt and Rising Costs Redefined the 2025 Workforce
Homeownership, retirement savings, and family planning have all been delayed or abandoned in 2025, leaving employees feeling stuck and uncertain about the future.
Technology December 17, 2025
11 AI-Powered Finance Apps That Help You Save Money
These tools understand your spending habits, spot money-wasting patterns you’d never catch yourself, and automatically implement savings strategies tailored to how you actually live.
Small Business December 17, 2025
Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers
As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change.
Payroll December 17, 2025
States Sue Over Trump’s $100,000 H-1B Visa Application Fee
A group of 19 states sued the Trump administration to block a $100,000 fee for any new applications for H-1B visas, which allow employers in the U.S. to hire skilled foreign workers.
Payroll December 16, 2025
U.S. Unemployment Claims Jump by Most Since 2020
Applications for U.S. unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
Payroll December 11, 2025
Nearly 4 in 10 Professionals Plan to Look for a New Job in 2026, Robert Half Says
New research from talent solutions and business consulting firm Robert Half shows that some professionals are putting a new job at the top of their wish list for the new year.
General News December 10, 2025
Federal Reserve Cuts Interest Rates
Speaking to reporters after the meeting, Chair Jerome Powell suggested the Fed had now done enough to bolster the threat to employment while leaving rates high enough to continue weighing on price pressures.
Technology News
Technology December 18, 2025
Dext Launches AI Agent for Bookkeeping Automation
Dext has launched its new Extraction as a Service platform, enabling software providers and fintechs to embed Dext’s market-leading data extraction directly into their applications.
Technology December 18, 2025
Canopy Launches Features for Capacity Planning, Engagement Management
The launch builds on Canopy’s continued investment in expanding and modernizing the firm-wide operating system used by thousands of accounting teams.
Technology December 18, 2025
TaxDome Releases 2025 Annual Report, Marking Its Second Year of Voluntary Transparency
The report details what the company delivered, what it learned, and where it is investing next, offering insight into how product, customer experience, and infrastructure decisions are made.
Technology December 18, 2025
CPAClub Launches Guardian Pass for Quality Management Monitoring
CPAClub’s Guardian Pass is an annual subscription designed to help CPA firms plan, execute, and sustain the ongoing and periodic monitoring activities required under the AICPA’s System of Quality Management standards and the PCAOB’s QC 1000.
Accounting December 18, 2025
AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills
The survey of 1,446 global senior finance and accounting leaders and managers highlights challenges in the organizational readiness for AI.
Automation December 17, 2025
AvidXchange Launches Accounts Payable as a Service
With AvidXchange’s AP as a Service model, ERP customers can activate payments directly within their platform through digital onboarding, reducing IT effort and going live in days instead of weeks.
Technology December 17, 2025
11 AI-Powered Finance Apps That Help You Save Money
These tools understand your spending habits, spot money-wasting patterns you’d never catch yourself, and automatically implement savings strategies tailored to how you actually live.
Technology December 17, 2025
Harness Wants to Know How Tax Professionals Use Technology
The New York City-based tax and financial advisory platform has launched its Tax Advisor Tech Survey, designed to capture a clear, data-driven picture of how today’s tax and accounting firms are leveraging technology and where the biggest gaps, opportunities, and needs still exist.
Firm Management News
AICPA December 18, 2025
AICPA Applauds Passage of Disaster Legislation to Extend Lookback Period
The act offers taxpayers impacted by disasters more opportunities to meet their tax obligations without additional confusion, stress, and anxiety.
Firm Management December 18, 2025
Grant Thornton Reaches Record $8.5 Billion of Global Revenue in 2025
The Grant Thornton network of global accounting firms raked in a record $8.5 billion of revenue for the 2025 financial year, an increase of 6.1% in local currency terms and 5.9% in U.S. dollar terms from the previous year.
Firm Management December 18, 2025
BDO Reports 4% Growth in 2025 Global Revenue
2025 global revenue for BDO reached $11 billion for the financial year ending Sept. 30, a 4% increase from last year, the accounting firm said Dec. 10.
Staffing December 18, 2025
Professionals on the Move – Dec. 2025
Professionals on the move is a periodic round-up of recent hiring, promotion, staffing, awards and other personnel announcements from around the profession.
Staffing December 18, 2025
How CPA Firm Leaders Can Use Year-End Check-Ins to Fuel Employee Engagement and Development
When you connect individual achievements to the CPA firm’s culture and success, your people can gain a clearer sense of how their work fits into the bigger picture. Inspiration often starts with recognition for a job well done
Taxes December 18, 2025
AICPA Urges Treasury, IRS to Establish Lower User Fee Category for Private Letter Ruling Requests
The AICPA’s letter echoes concerns also raised in a 2016 AICPA comment letter recommending reduced user fees for these types of requests.
Technology December 18, 2025
Canopy Launches Features for Capacity Planning, Engagement Management
The launch builds on Canopy’s continued investment in expanding and modernizing the firm-wide operating system used by thousands of accounting teams.
Accounting December 18, 2025
AI Transformation Opens Door for Finance Professionals to Build Future-Ready Skills
The survey of 1,446 global senior finance and accounting leaders and managers highlights challenges in the organizational readiness for AI.
Webinars
January 5, 2026
CPE / IRS CE Webinar: Master Filing Amended and Superseded Returns on Form 1040-X
Filing corrected returns can be confusing—but it doesn’t have to be. Join Amanda Watson, EA, for a practical session designed to help you confidently navigate amended and superseded returns.
December 16, 2025
Archived Webcast: The Future-Ready Tax Firm: Automation, AI, and Competitive Advantage
Manual processes slow your firm—and cost time, money, and talent. Firms that embrace automation and modern technology save hours, reduce costs, and build a workplace that attracts the next generation of CPAs.
December 4, 2025
Archived Webcast: The Future of Your Firm: Unlocking Growth Through Integration, Innovation, and Insight
Discover the roadmap to achieving future-ready success for your tax and accounting firm by joining us at our The Future of Your Firm: Unlocking Growth Through Integration, Innovation, and Insight webinar.
December 2, 2025
Archived Webcast: From Overwhelmed to Optimized: The CPA’s 60-Day Blueprint for a Stress-Free Tax Season
Tax season is closing in and for most firms, it’s the same story every year: too much work, not enough time, and cash flow that never seems to catch up. But it doesn’t have to be that way. In this live, CPE-eligible session, IRIS Software and Apxium will share how forward-thinking firms are regaining control…