Accounting February 6, 2026
AICPA News – Feb. 2026
AICPA News is a round-up of recent announcements from the American Institute of CPAs, the Association of International CPAs, and the Chartered Institute of Management Accountants (CIMA).
Taxes May 1, 2024
AICPA Provides Comments on the Tax Classification of Purpose Trusts
The recommendations would simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS.
Taxes May 1, 2024
IRS Provides Safe Harbors For the Clean Aviation Fuel Credit
New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.
Taxes May 1, 2024
IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May
The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.
Taxes May 1, 2024
‘Bitcoin Jesus’ Charged With Evading Nearly $50 Million in Taxes
Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.
Firm Management May 1, 2024
CohnReznick and Prevedere Forge Strategic Alliance
This collaboration will leverage Prevedere’s AI-powered platform to empower CohnReznick's clients with global data, analytic models, and econometric context to revolutionize their business planning.
Payroll May 1, 2024
Workers at U.S. Unions Saw Record Pay Increases Over Past 12 Months
Wages of private sector union workers rose 6.3% in the year ended in March, the largest increase in data back to 2001, according to Bureau of Labor Statistics employment cost figures released Tuesday.
Small Business May 1, 2024
DEA May Reclassify Cannabis as Lower Level Drug
Federal authorities appear to be on the brink of reclassifying cannabis, a change which, if it happens, could affect the cannabis market in a variety of ways.
Firm Management April 30, 2024
Fieldguide Launches Analytics Solution for CPA Firm Decision-Making
With the industry-wide talent shortage, firms are seeking to be smarter and more vigilant with their engagements, resources, and client metrics.
AICPA April 30, 2024
Can AI Pass the CPA Exam? New Ground-Breaking Study Shows Surprising Potential and Limitations
In a landmark experiment, researchers at AIGENCY have tested the limits of artificial intelligence (AI) by challenging state-of-the-art AI models with the rigorous Certified Public Accountant (CPA) exam.
Small Business April 30, 2024
Expensify Targets Global Self-Employed Market With New Expense Tracking Features
The financial management app maker Expensify, Inc., which focuses on expenses and corporate cards, has added expense tracking for self-employed professionals in its next-gen New Expensify platform.
Auditing April 30, 2024
8 Characteristics of a Well-Designed Root Cause Analysis Process, According to the PCAOB
In a staff report, the PCAOB discusses the importance of the root cause analysis process in firms' efforts to improve audit quality.
Accounting April 30, 2024
Five Accounting Firms Among LinkedIn’s Top Companies to Grow Your Career in 2024
The 50 companies included in the 2024 ranking offer their employees what LinkedIn says are eight pillars that lead to career growth.