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Latest Articles

SOC2 Logo Revised 3  591b2ae4dbc8a

AICPA October 29, 2026 

AICPA Proposes Update of SOC 2 Trust Services Criteria to Enhance the Relevance, Usability and Value of CPAs’ Reports

The AICPA’s SOC 2 Working Group is seeking public comment on the exposure draft through Jan. 15, 2027.

Featured Articles

October 29, 2026  

Illinois Gov. JB Pritzker Again Takes Dim View of Chicago Mayor’s Head Tax Plan

October 29, 2026  

Do These 5 Things Before the End of 2026, IRS Urges

October 29, 2026  

IRS Issues FAQs on Tax Relief for Dyed Diesel Fuel Highway Use

October 29, 2026  

The Five Stages of Selling Your Firm

October 29, 2026  

The Answer to Gray Area Expenses Isn’t More Rules
California Bill Would Exclude Military Retirement Pay From State Taxable Income

Taxes March 2, 2026 

California Bill Would Exclude Military Retirement Pay From State Taxable Income

A new bipartisan effort is underway in the California Legislature to ensure veterans and survivors won’t have to pay state income tax on retirement pay and survivor benefits.

Forvis Mazars Acquires Healthcare Consultancy The Innova Group

Mergers and Acquisitions March 2, 2026 

Forvis Mazars Acquires Healthcare Consultancy The Innova Group

The top 10 accounting firm is expanding its presence in the healthcare consulting market with the addition of The Innova Group, effective March 1.

Jason Bramwell

Consark Unveils Its Noa Suite of Autonomous AI Agents for Finance Operations

Technology March 2, 2026 

Consark Unveils Its Noa Suite of Autonomous AI Agents for Finance Operations

Financial close and reporting platform Consark.ai announced Monday the launch of Noa, a suite of autonomous AI agents designed to continuously prepare and execute financial close, reconciliation, and variance analysis processes.

Jason Bramwell

BILL and Rillet Partner to Equip Accountants with AI-Native Workflows

Technology March 2, 2026 

BILL and Rillet Partner to Equip Accountants with AI-Native Workflows

As part of this collaboration, the companies say they will launch a real-time, native two-way integration that continuously aligns accounts payable, spend, and financial data across both systems.

Jason Bramwell

Armanino Adds Georgia-Based Accounting Firm MSTiller

Mergers and Acquisitions March 2, 2026 

Armanino Adds Georgia-Based Accounting Firm MSTiller

MSTiller, an accounting firm with three offices in Georgia and one in New York state, has joined Armanino, expanding the top 20 firm's presence in the Southeast.

Jason Bramwell

AICPA’s Auditing Standards Board Outlines Plans for Short-Term Projects, Long-Term Strategic Priorities

Auditing March 2, 2026 

AICPA’s Auditing Standards Board Outlines Plans for Short-Term Projects, Long-Term Strategic Priorities

The board has mapped out what it calls a "public-interest focused work plan" through the end of 2027, with projects ranging from an updated standard on fraud to targeted changes related to audit confirmation procedures.

Jason Bramwell

ISACA Revamps IT Audit Framework

Technology March 2, 2026 

ISACA Revamps IT Audit Framework

The fifth edition of the IT Audit Framework has updated terminology, refreshed examples, and expanded scope to better address emerging technologies, digital trust considerations, and evolving audit practices.

Jason Bramwell

Wedding Rings-Pixabay-Marla66

IRS March 2, 2026 

Tax Court Grants Tax Relief for Unknowing Spouse

If a married couple files a joint tax return, they are “in it together” as far as federal income tax liability is concerned. However, as shown in a new case, an “innocent spouse” may be entitled to equitable relief due to special circumstances.

JD, Ken Berry, JD

 N.J. Accountant Admits to Running a $10 Million Ponzi Scheme

General News March 2, 2026 

N.J. Accountant Admits to Running a $10 Million Ponzi Scheme

Evangelos Drosos, 51, of Glen Rock, NJ, pleaded guilty Feb. 19 to three counts of wire fraud, one count of bank fraud and failing to file one income tax return.

 Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year

Taxes March 2, 2026 

Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year

Eligible Hoosiers whose earnings this year include gratuities or overtime will not be required to pay state or county income tax on the money when they file in 2027.

 Accountant for a South Carolina College Stole Thousands of Public Money, Authorities Say

General News March 2, 2026 

Accountant for a South Carolina College Stole Thousands of Public Money, Authorities Say

Jessica Marie Holman, who worked at Denmark Technical College, was charged with financial transaction card theft and financial transaction card fraud (value more than $500 in a six-month period).

U.S. Farmers See New Trump Tariffs as Yet Another Round of Instability

Small Business March 2, 2026 

U.S. Farmers See New Trump Tariffs as Yet Another Round of Instability

Tariffs have battered U.S. agriculture for more than a year, upending trade flows and choking off access to key markets like China.

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