Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes May 20, 2025
Senate Unanimously Passes No Tax on Tips Act
The bill, which eliminates federal tax on tips for hospitality workers and servers, passed via unanimous consent on Tuesday after Democratic Nevada Sen. Jacky Rosen brought it to the floor and no other senator blocked it.
IRS May 20, 2025
Trump IRS Nominee Billy Long Grilled Over Ties to Fraudulent Tax Credits
The former Missouri lawmaker acted as a pitchman for tax credits that didn’t exist, Senate Finance Committee Democrats said.
Taxes May 20, 2025
Trump Doesn’t Satisfy GOP Holdouts as Tax-and-Spending Bill Talks Drag On
Republican leaders had hoped the high-profile presidential visit would close deal on Trump-backed “big, beautiful” filibuster-proof reconciliation bill Tuesday.
Taxes May 20, 2025
AICPA Comments on Proposed Regulations Regarding the Previously Taxed Earnings and Profits and Related Basis Adjustments Under Sections 959 and 961
The proposed regulations provide rules addressing various aspects of the PTEP regime, such as increases and decreases to basis of stock, foreign currency gain or loss, and allocation of foreign tax credits.
Technology May 20, 2025
Consumers Are Losing Trust in Digital Content Amid Deep Fakes and AI Frauds
Sixty-nine percent of respondents say AI-powered fraud now poses a greater threat to personal security than traditional forms of identity theft, and confidence in online authenticity continues to erode amid growing fears of manipulated content and AI-driven deception.
Taxes May 20, 2025
Trump Pushes Republican Lawmakers to Back Sprawling Tax-and-Spending Bill
President Trump headed to Capitol Hill Tuesday to push squabbling Republican members of Congress in person to set aside differences and pass his sprawling budget bill.
Payroll May 20, 2025
Social Security COLA Now Projected to Increase 2.4% in 2026
Social Security beneficiaries are expected to receive the lowest cost-of-living-adjustment since 2021, according to the latest forecast from the Senior Citizens League.
Technology May 20, 2025
Workday Releases New Lineup of AI Agents to Assist Businesses’ HR and Finance Operations
Workday's new Illuminate Agents are designed to help businesses speed up the hiring processes, improve frontline worker experiences, streamline complex financial processes, and enable their employees to find information quickly and easily.
Technology May 20, 2025
Grant Thornton Rolls Out New CompliAI Internal Tool
Compliance professionals at the top 10 accounting firm can now use CompliAI to better help clients control and assess risks and address their most pressing business needs, Grant Thornton said.
Technology May 20, 2025
Zuora Introduces New AI-Powered Payment Collections Solution
Zuora Collections combines billing, revenue, and collections data so businesses can collect cash faster while improving retention, cash forecasting, and customer account health.
Accounting May 20, 2025
Massachusetts Society of CPAs Names 19 to Board of Directors
MassCPAs Board of Directors is a group of elected members that sets policies, manages programs and oversees activities that benefit the 11,500-member organization and accounting profession in Massachusetts.
Accounting May 20, 2025
Rightworks Launches New Cloud Tech Options for Accounting Firms
Rightworks Cloud Premier is a comprehensive package that modernizes accounting and tax firm operations by centralizing cloud and desktop app access, data, and security in one space.