Latest Articles

Auditing February 26, 2025 

Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research. 

Jason Bramwell

Taxes February 26, 2025 

The tax data was stolen and leaked to the media by Charles Littlejohn, a former government contractor who was convicted and sentenced last year to five years in prison.

Taxes February 26, 2025 

The Filing Relief for Natural Disasters Act would expedite the issuance of federal tax relief and provide the IRS with authority to grant tax relief once the governor of a state declares a disaster or state of emergency.

Isaac M. O'Bannon

AICPA February 26, 2025 

The AICPA’s recommendations were submitted to clarify the proposed revisions to the Treasury’s standards, as well as other rules that tax and valuation practitioners must follow.

Isaac M. O'Bannon

Firm Management February 26, 2025 

Creating a firm where people choose to stay isn't about policies or perks—it's about building an environment where work-life harmony thrives and professional growth feels limitless.

Amy Vetter

IRS February 26, 2025 

IRS chief operating officer Melanie Krause will be taking over as the agency's acting commissioner, a move that was announced by Treasury Secretary Scott Bessent on Monday after current IRS interim chief Douglas O'Donnell said he plans to retire on Feb. 28.

Jason Bramwell

Small Business February 26, 2025 

Beyond malt, hops, yeast and water, aluminum is a key ingredient in the manufacturing process, used to make the cans for most of the craft beer sold at retail.

Firm Management February 26, 2025 

The collaboration provides AICPA members with exclusive discounts on Rightworks WISP and Total Security solutions, empowering firms and small businesses to stay ahead of security threats.

Isaac M. O'Bannon

Firm Management February 26, 2025 

The top 20 accounting firm holds a strong position in the competitive professional services market, offering a diverse range of services, maintaining industry-leading client satisfaction, and earning recognition as an employer of choice.

Isaac M. O'Bannon

Taxes February 26, 2025 

Chances for early action on Donald Trump's tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid.

Accounting February 26, 2025 

The payroll solutions provider has introduced Gusto Compliance, a product designed to help small business owners know what steps they need to take to maintain compliance with common regulatory requirements. 

Jason Bramwell

Financial Reporting February 26, 2025 

The company says the Lineos system features work together to simplify processes, enabling finance teams to shift focus from managing data to driving insights and delivering value.

Isaac M. O'Bannon