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 December 23, 2024
Tax Professionals Subject to New Requirements Proposed By the IRS
CPAs, enrolled agents, and other practitioners would have to maintain technological competency under proposed regulations issued by the Treasury Department and the IRS on Dec. 20, which would update Circular 230.
Advisory December 23, 2024
New Service Offerings to Grow Your Firm in 2025
Some services are a natural fit for CPAs. And although they might not be a part of their expected line-up, they are so closely integrated in business operations that it would almost be a disservice not to offer them.
SEC December 23, 2024
Entergy Hit With $12 Million SEC Penalty for Violating Accounting Rules
The SEC alleged that Entergy had inaccurate controls when recording materials and supplies, despite employees and management consultants flagging the issue.
Mergers and Acquisitions December 23, 2024
Platform Accounting Group Expands in Midwest
Platform Accounting Group announced two more firms have joined the group. Based in Indiana and Illinois, the additions expand Platform’s presence to the Midwest. Twelve firms have joined Platform this year, with a few more anticipated to join in January.
Payroll December 23, 2024
Millions to Get Bigger Social Security Checks After Bipartisan Bill Passes
If signed by the president before the new Congress convenes on Jan. 3, the law would boost Social Security payments to more than 2 million beneficiaries, according to the Congressional Research Service.
Firm Management December 23, 2024
Does Your Firm Have a Data Strategy?
Data is at the core of incorporating AI and automation into your firm’s workflows. Without a deliberate data strategy, these initiatives can fall short.
December 23, 2024
DSB Rock Island Merges in MFK CPAs
After welcoming the MFK team, DSB Rock Island will have 110 employees, 16 partners and an estimated $31 million in revenue. This strategic transaction is part of long-term planning for both MFK and DSB Rock Island, according to firm leadership.
Firm Management December 23, 2024
The Return to Work Controversy: What’s the Right Decision for Your Accounting Firm?
If you’ve settled into a hybrid environment, you may hear some backlash, but you may also have some excited staff members who enjoy being in the office.
Firm Management December 23, 2024
HubSync Releases 2024 Product Enhancements & New Features
HubSync Co. has announced several new enhancements to its product suite. These new features focus on how firms manage tax and accounting processes, leveraging cutting-edge AI and user-centric design.
Accounting Standards December 22, 2024
IASB Updates Accounting Standards for Nature-Dependent Electricity Contracts
Nature-dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power.
Taxes December 22, 2024
IRS to Issue Special Payments to 1 Million Taxpayers
The Internal Revenue Service has announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
December 22, 2024
Trump Demands Lower Fees for Use of Panama Canal or Its Return to U.S. Control
President-elect Donald Trump said Saturday that the Panama Canal is charging “exorbitant prices and rates of passage” on U.S. naval and merchant ships.