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.
Taxes January 27, 2025
What Should You Do If You Suspect Your Tax Preparer Is Being Investigated by the IRS?
The following is a detailed look at why your preparer's legal troubles place you at risk, what signs might indicate they are under scrutiny, and which immediate steps you can take to protect yourself from civil and criminal tax exposure.
Technology January 27, 2025
Deloitte Acquires SaaS Technology Company SimplrOps
The Big Four firm said Jan. 27 that it has acquired SimplrOps, a San Jose, CA-based boutique enterprise software-as-a-service technology company known for streamlining and automating Workday, SAP, and Oracle operations and implementations.
Taxes January 27, 2025
Cutting Services or Raising Taxes: State Lawmakers Weigh How to Fill Big Budget Gaps
Leaders of several states are proposing cutting social programs such as child care, victim services and Medicaid, or raising taxes on cigarettes, spirits or households with the highest incomes, to balance state budgets.
Taxes January 27, 2025
Donor-Advised Funds Are Growing, But If You Have One, You Should Shrink It
The point of a donor-advised fund is to put money in the hands of charities, not grow it like another investment account.
IRS January 27, 2025
IRS Takes Some Job Offers Off the Table as Tax Season Begins
Tax season 2025 began on Monday, but for some people who were set to start a career at the IRS during the agency's busiest time of the year, their new opportunity has come to a screeching halt because of a hiring freeze put in place by President Donald Trump during his first week in office.
Taxes January 27, 2025
Trump Touts Proposal to End Taxes on Tips During Las Vegas Visit
The pledge to end taxes on tipped income, first introduced over the summer at a rally in service industry-reliant Las Vegas, became a key pitch in his winning presidential campaign.
Accounting January 27, 2025
Edge Marketing Launches Future-Ready Strategy that Integrates AI
The new systems and protocols will ensure that AI is used not just effectively, but responsibly, enhancing creativity and optimizing performance all while
Payroll January 24, 2025
U.S. Jobless Claims Rise Slightly But Recurring Applications Surge
Continuing claims, a proxy for people who are already receiving benefits and still can’t find a job, jumped to 1.9 million in the week ended Jan. 11, the highest since November 2021.
Accounting January 24, 2025
South Carolina Auditor Resigns Amid Controversy Over State’s $1.8B Accounting Error
State Auditor George Kennedy III, who has been caught in the middle of the state’s accounting issues, including over whether a mysterious $1.8 billion existed, resigned from his job Thursday.
Accounting January 24, 2025
BOI Reporting Still Voluntary Despite Supreme Court Decision
For now, beneficial ownership information reporting requirements under the Corporate Transparency Act remain voluntary despite the U.S. Supreme Court on Thursday overturning an order from a Texas federal appeals court in December that had halted mandated BOI report filing with FinCEN.
Firm Management January 24, 2025
Prepping for Busy Season When the Time to Prepare Has Run Out: A 5-Step Action Plan
If you move quickly now, there is still much you can do to make sure your team has the resources and mindset to tackle this intense work period with gusto and help your CPA firm deliver high-quality service to clients.
Taxes January 23, 2025
Tax Court Tunes Out Deduction for Gift to Orchestra
If you’re a frequent or sizable donor to a charitable organization, you may be recognized with membership in a special group or level. However, simply attaining that status and being acknowledged for it does not, on its own, warrant any charitable deduction.