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Latest Articles

25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk

Taxes April 7, 2026 

25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk

Before you file another return this week, pull one off the stack and run it through this checklist- you will likely find thousands in savings your software missed.

Jackie Meyer

Featured Articles

February 28, 2026  

Voting Opens for 2026 Readers’ Choice Awards!

April 8, 2026  

AI Slop Survey: A Third of Workers Rarely Check AI Output Before Using It

April 8, 2026  

Illinois CPA Society and Miles Masterclass Partner for AI Readiness in the Accounting Profession

April 8, 2026  

Orioles’ Nick Raquet Traded in Career at Ernst & Young for MLB Dream

April 8, 2026  

Accounting Firms Need Industry-Specific Go-to-Market Strategies for Their Business Clients
Billy Long Sworn in as 51st Commissioner of the IRS

IRS June 23, 2025 

Billy Long Sworn in as 51st Commissioner of the IRS

The former Missouri lawmaker, who was sworn in on June 16, said transforming the culture at the tax agency is at the top of his to-do list.

Jason Bramwell

IASB Issues Revised Practice Statement on Management Commentary

Accounting Standards June 23, 2025 

IASB Issues Revised Practice Statement on Management Commentary

The revised Practice Statement supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.

Restaurants Increase Investments in AI, But Adoption Lags, Says Deloitte Survey

CAS June 23, 2025 

Restaurants Increase Investments in AI, But Adoption Lags, Says Deloitte Survey

With customer expectations evolving, some restaurant leaders are turning to artificial intelligence (AI) to create new opportunities for growth across their operations.

Isaac M. O'Bannon

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Small Business June 23, 2025 

Tariffs and User Reviews Are Impacting Consumer Shopping Habits

The survey looked at what factors influence consumer decisions when online shopping, particularly around specific deal days such as Amazon Prime Day.

Isaac M. O'Bannon

IRS Extends Tax Deadlines in Parts of Texas and Mississippi for Victims of Severe Storms

Taxes June 23, 2025 

IRS Extends Tax Deadlines in Parts of Texas and Mississippi for Victims of Severe Storms

Victims of severe storms that produced flooding and damaging winds in areas of Texas and Mississippi in mid- to late March have more time to file various federal individual and business tax returns and make tax payments, the IRS said.

Jason Bramwell

E-Invoicing Could Unlock $616 Billion in Global Economic Gains

CAS June 23, 2025 

E-Invoicing Could Unlock $616 Billion in Global Economic Gains

A new study identifies a combined annual economic opportunity of $616 billion through productivity gains, faster payments, and reduced fraud, if businesses more effectively adopt e-invoicing practices.

Isaac M. O'Bannon

What is a ‘Trump Account’ and How Can it Help New Parents and Their Babies?

Payroll June 23, 2025 

What is a ‘Trump Account’ and How Can it Help New Parents and Their Babies?

Under the tax-and-spending bill currently in Congress, qualifying parents of newborn children through Dec. 31, 2028, will receive $1,000 for what’s being called a Trump Account. It could be opened by a parent or guardian.

IRS Refines Pre-Filing Agreement Tax Certainty Program

Taxes June 23, 2025 

IRS Refines Pre-Filing Agreement Tax Certainty Program

Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.

Jason Bramwell

GASB Provides Guidance to Assist Stakeholders with Application of its Pronouncements

Accounting Standards June 23, 2025 

GASB Provides Guidance to Assist Stakeholders with Application of its Pronouncements

The guide contains new questions and answers that address application of GASB standards on leases, accounting changes and error corrections, conduit debt obligations, and cash flows reporting, among others.

Isaac M. O'Bannon

IFRS Foundation Publishes Guidance on Disclosures About Transition Plans

Accounting Standards June 23, 2025 

IFRS Foundation Publishes Guidance on Disclosures About Transition Plans

The document builds on disclosure-specific material developed by the Transition Plan Taskforce (TPT), for which the IFRS Foundation took responsibility in 2024.

Isaac M. O'Bannon

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General News June 23, 2025 

Summer Slowdown and Economy Have Vegas Casinos Offering Deals

For Sin City casinos, marketing to value-conscious travelers, especially those from drive-in markets such as Southern California and Arizona, has always been part of the summer playbook.

Grant Thornton US Keeps Growing Multinational Platform

Firm Management June 23, 2025 

Grant Thornton US Keeps Growing Multinational Platform

The top 10 firm said last week it's in the process of adding sister firms in Switzerland, Liechtenstein, and the Channel Islands to the multinational platform of firm affiliates the U.S. business created when it acquired Grant Thornton Ireland late last year.

Jason Bramwell

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