Accounting October 6, 2026
The 2026 AI Finance Stack
73 tools worth knowing, how I would put them together, and the trends behind why finance teams are picking them.
Taxes July 30, 2025
Florida Woman Sentenced for Conspiring with Family to Hide $90M from the IRS
According to court documents: between 2010 and 2022, Gilda Rosenberg, of Golden Beach, conspired with two family members to conceal from the IRS more than $90 million in assets and income.
Small Business July 30, 2025
Reciprocal Tariffs Explained: Impact on U.S. Businesses
Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.
Small Business July 30, 2025
A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion
A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.
Taxes July 30, 2025
One Big Beautiful Bill Act Changes 1099 Thresholds
The One Big Beautiful Bill Act raises the 1099-MISC and 1099-NEC reporting thresholds to $2,000.
Small Business July 30, 2025
Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile
Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.
Taxes July 29, 2025
Bipartisan Senate Bill Would Expand Tax Credits for Businesses Hiring Student Veterans
The legislation would incentivize businesses to hire student veterans through an expansion of the Work Opportunity Tax Credit.
Accounting July 29, 2025
Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients
A New Milford accountant was sentenced on July 29 to three years in prison for stealing tens of thousands of dollars from clients, resolving three cases against him.
Taxes July 29, 2025
Corporate Head Tax on Table to Fix Chicago Budget, Mayor Says
Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax.
Taxes July 29, 2025
AICPA Signals Support for Legislation Allowing Domestic Abuse Survivors to File Taxes as Single
The Survivor Assistance for Fear-free and Easy Tax Filing Act of 2025 (SAFE Act) allows survivors of domestic abuse or spousal abandonment to file their taxes as if they were not married.
Taxes July 29, 2025
IRS Reminds Tax Pros of Requirement for a Written Information Security Plan (WISP)
As part of a special five-part series, the IRS and its Security Summit partners highlight the importance of tax pros creating and maintaining a WISP.
Taxes July 29, 2025
Karbon, Ignition and SmartVault Partner to Simplify and Streamline Tax Workflows for Intuit ProConnect Firms
This partnership brings together the best-in-class Intuit ProConnect integrated apps across practice management, client engagements and payments, and document management.
Technology July 29, 2025
Smart Clerk Releases AI Bookkeeping Tool for SMBs
AI-enabled software provider Smart Clerk on July 29 launched its AI-powered bookkeeping tool designed to simplify accounting for small and medium-sized businesses.