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Latest Articles

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

April 27, 2026  

Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

April 27, 2026  

What’s the Average Social Security Benefit at Every Age?

April 27, 2026  

1 in 3 Americans with Credit Cards Say They Have Too Many, Survey Finds

April 27, 2026  

California Billionaire Tax Backers Say They Have Enough Signatures—Times Two—to Qualify for Ballot

April 27, 2026  

Controller Pleads Guilty to Embezzling Over $26M From Nevada Employer
IRS Chief Not Too Worried About Fallout From Loper Bright Ruling

IRS July 25, 2024 

IRS Chief Not Too Worried About Fallout From Loper Bright Ruling

Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.

Jason Bramwell

sales_tax

Small Business July 25, 2024 

Local Governments are Addicted to Sales Tax Revenues

The 2024 Mid-Year Sales Tax Rates and Rules report, commissioned by Vertex Inc., outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax compliance for businesses across the U.S.

Isaac M. O'Bannon

riskmanagement_100041109_large_1_.543593f465543

Accounting July 25, 2024 

Uncertainty and Global Risks Outpace Risk Management Processes

Only a third (37%) say their organizations have complete enterprise risk management (ERM) processes in place, and just over a quarter (30%) rate their organizations overall risk management oversight as “mature” or “robust.”

Isaac M. O'Bannon

Acumatica Launches Alliance Program to Expand Partner Ecosystem

Accounting July 25, 2024 

Acumatica Launches Alliance Program to Expand Partner Ecosystem

Organizations eligible to become Alliance Members are those focused on helping companies grow and succeed in an evolving business landscape.

Isaac M. O'Bannon

How Cosourcing Can Be an Innovative Delivery Model for Business Life Cycle Accounting and Financial Reporting Challenges

Accounting July 24, 2024 

How Cosourcing Can Be an Innovative Delivery Model for Business Life Cycle Accounting and Financial Reporting Challenges

Within accounting and financial reporting, innovation is often associated with new technology. Cosourcing’s collaborative teaming approach and delivery model can cast innovation for accounting and financial reporting in a new light.

military-color-guard1

Payroll July 24, 2024 

U.S. Military Households More Likely in Better Financial Situation Than Non-Military Households

Also, military households with higher incomes are more likely to be confident about retirement prospects than non-military households.

Isaac M. O'Bannon

What Is the Greatest Flaw of Accounting Firm Leaders?

Firm Management July 24, 2024 

What Is the Greatest Flaw of Accounting Firm Leaders?

Koltin Consulting Group CEO Allan Koltin talked about this flaw during his keynote speech on leadership at Bridging the Gap 2024.

Jason Bramwell

IRS Releases Initial Guidance on Carbon Sequestration Tax Credit

Taxes July 24, 2024 

IRS Releases Initial Guidance on Carbon Sequestration Tax Credit

Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.

Jason Bramwell

Texans Get Tax Relief From the IRS After Hurricane Beryl

Taxes July 24, 2024 

Texans Get Tax Relief From the IRS After Hurricane Beryl

Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.

Jason Bramwell

FASB Aims to Improve Derivative Accounting

Accounting July 23, 2024 

FASB Aims to Improve Derivative Accounting

Investors, accounting firms, and other stakeholders have until Oct. 21 to provide comments to the FASB on the proposed ASU.

Jason Bramwell

How Auditors Are Currently Using Generative AI

Auditing July 23, 2024 

How Auditors Are Currently Using Generative AI

The integration of GenAI in audits and financial reporting is in its early stages but rapidly evolving, the PCAOB said in a new report.

Jason Bramwell

PwC and Withum Share Lead For Most IPO Audit Clients in Q2

Auditing July 23, 2024 

PwC and Withum Share Lead For Most IPO Audit Clients in Q2

Of the 54 companies that went public, PwC and Withum audited 16 of them—eight each—according to Ideagen Audit Analytics.

Jason Bramwell

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