Taxes July 12, 2026
What the 2026 ‘Protect Your Clients; Protect Yourself’ Campaign Means for Your Firm this Summer
Get ready for next tax season with a real security program instead of a folder that only gets opened when an audit demands it.
Accounting May 21, 2025
Suburban Chicago Accountant Accused in $10M COVID-19 Unemployment Fraud Scheme
Hiam Hmaidan, 53, of Oak Lawn, IL, was arrested May 8 on a six-count indictment that became public last week charging her with mail fraud and conspiracy to commit mail fraud. She pleaded not guilty.
Accounting May 21, 2025
Philadelphia-Area Accountant Pleads to Filing Nearly $220,000 in False Tax Reports
James J. Sirleaf, 65, of Darby, PA, pleaded guilty to 15 counts of aiding and assisting in the preparation of false income tax returns and three counts of filing false personal income tax returns for himself.
Payroll May 21, 2025
Poll Reveals Divide Between Gen Z and Older Americans on Finances and Economy
Recent polling of nearly 20,000 American adults by NBC News indicates Gen Zers are more likely than older adults to feel their finances improved from a year ago.
Taxes May 21, 2025
AICPA is Not Pleased with GOP’s ‘Big, Beautiful’ Tax Bill
The letter also outlines several provisions included in the bill that are supported by the AICPA.
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.