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 May 13, 2025
NY GOP Lawmakers Vow to Sink Trump Budget Over SALT Dispute
New York Reps. Mike Lawler and Nick LaLota say they plan to vote against the president’s tax cuts package because it only includes an increase in the SALT cap to $30,000, too low for the middle-class and affluent communities they represent.
Taxes May 13, 2025
GOP to Phase Out Biden Administration Energy Credits to Pay for Tax Cuts
House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package.
Human Resources May 13, 2025
These 7 Passive Email Phrases Could Be Costing You a Promotion, Expert Warns
These phrases may seem harmless but cutting them from your emails now could be the small change that makes a big difference in how you’re perceived during promotion reviews.
Payroll May 13, 2025
How ‘Unretiring’ to Go Back to Work Can Affect Your Social Security Benefits
Does heading back to work mean giving up Social Security benefits? The answer depends on how old a person is and what their current benefits are. Here are four key things “unretirees” should consider before switching back to being a worker.
Accounting May 13, 2025
Celery Secures $6.25 Million in Seed Funding to Modernize Internal Financial Controls
Celery replaces hours of manual reviews with intelligent audit agents that detect fraud, compliance risks, and financial inefficiencies in minutes.
Accounting May 12, 2025
FASB Issues Standard Clarifying Accounting Acquirer in a Business Combination
The Financial Accounting Standards Board published new rules on May 12 that the board says improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations.
Taxes May 12, 2025
IRS: No Change to Tax Interest Rates for Q3 of 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on May 12.
Auditing May 12, 2025
PCAOB Gives Auditors More Video Resources on New Quality Control Standard
The PCAOB has posted a brand-new set of staff presentation videos designed to help audit firms and auditors implement four areas of their quality control system under QC 1000, A Firm’s System of Quality Control.
Taxes May 12, 2025
House Tax Bill Draft Calls for $30,000 SALT Cap, Leaves Out Millionaire Tax
The House Ways and Means Committee release of the tax measures, ahead of planned debate on the panel Tuesday, is a sign the Republican-controlled chamber is moving toward a floor vote this month on the legislation.
Taxes May 12, 2025
IRS Opens 2026 Low-Income Taxpayer Clinic Grant Application Period
Under Internal Revenue Code Section 7526, the IRS awards matching grants to qualifying organizations to develop, expand, or maintain an LITC. Eligible organizations may request up to $200,000 for the 2026 grant year.
Accounting May 12, 2025
12 Most Common Financial Reporting Mistakes in Nonprofits
Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.
Auditing May 12, 2025
Study: 73% of Global Companies Sought Assurance on Sustainability Reporting
A new report from the AICPA & CIMA and the International Federation of Accountants found that nearly three in four of the largest companies sought assurance on some aspect of their sustainability disclosures.