Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
Taxes July 9, 2026
Chicago Aldermen Reject Mayor’s Move to Ask Voters if Millionaires Should Be Taxed
Chicago Mayor Brandon Johnson released a statement on Thursday ripping the City Council Rules Committee for not letting voters have their say on the millionaire tax.
CAS July 9, 2026
Stop Billing for Data Entry. Start Charging for Judgment
If software does the data entry, what are you selling? The firms with the best answer are pricing past the trend.
PCAOB July 9, 2026
Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council
The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.
Technology July 9, 2026
Xero Announces New AI Innovations at Xerocon London
Xero touted new AI-powered features within its agentic platform JAX that make it easier for small businesses and accountants and bookkeepers to keep their books clean, automate time-consuming financial workflows, and stay on top of cash flow.
SEC July 9, 2026
U.S. Judge Allows SEC-Musk Deal Despite ‘Significant Misgivings’
A U.S. judge signed off on Elon Musk paying $1.5 million to end a Securities and Exchange Commission lawsuit that accused him of cheating Twitter investors when he missed a deadline in 2022 to disclose his growing stake in the company.
IRS July 8, 2026
Are IRS Chatbots Really Helping Taxpayers?
It's a question that's difficult to answer because the data the IRS collects to measure chatbot performance is unreliable, limiting the agency's ability to determine whether the applications are operating effectively, the Treasury Inspector General for Tax Administration says.
Taxes July 8, 2026
Will World Series of Poker Main Event Attendance Be Impacted by Major Tax Changes?
While there are several variables that help determine the field size for the Main Event, one factor that could impact this year’s tournament is an amendment in the One Big Beautiful Bill Act that limits declarable losses for gamblers.
General News July 8, 2026
Controller Pleads Guilty to Embezzling $1.1 Million From Employer
Jacob Wise, 29, of Riverview, MI, pleaded guilty to one count of wire fraud against the business where he worked as a financial controller.
Mergers and Acquisitions July 8, 2026
BMSS Adds Avizo Group in Alabama
Top 100 accounting firm BMSS Advisors & CPAs has merged in Fairhope, AL-based CPA firm Avizo Group, effective July 1.
Taxes July 8, 2026
The 1099 Rules Are Changing, But the Compliance Problem Remains
The coming threshold increase should not lessen the focus on 1099 compliance. It presents an opportunity for firms to elevate the conversation.
AICPA July 8, 2026
AICPA News & 2025 Elijah Watt Sells Award
This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across four sections of the Uniform CPA Exam.
Payroll July 8, 2026
Employment Seekers and Businesses Navigate Rise in AI-Fueled Fake Job Postings
Fraudsters, posing as recruiters, are sending fake employment ads to individuals in an attempt to extract confidential information from job seekers.