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 June 11, 2026
Treasury, IRS Provide Section 892 Tax Relief for Sovereign Investors
The additional guidance addresses the applicability dates of last year's proposed regulations under IRC Section 892 that exempt foreign governments, including sovereign wealth funds, from tax on certain income derived from passive U.S. investments.
Firm Management June 11, 2026
How to Create a Client-Ready Home Office That Builds Trust and Boosts Productivity
Home office professionalism matters because client trust in virtual meetings is built fast.
Small Business June 11, 2026
States are Getting Creative as Tax Policy Shifts at Record Speed, Says Avalara Report
Lawmakers are increasingly expanding the sales tax base to encompass new categories of goods and services.
Taxes June 11, 2026
IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-Exempt Groups
The Treasury Department and the IRS said last week they plan to issue proposed rules addressing the tax on excessive compensation and excess parachute payments to top executives of tax-exempt organizations under the One Big Beautiful Bill Act.
Firm Management June 11, 2026
How a Small CPA Firm Cut Client Onboarding Time in Half and Built a More Scalable Advisory Practice
One of the most immediate benefits appeared during client onboarding.
IRS June 11, 2026
Judge Declines Action on ‘Anti-Weaponization’ Fund While Warning DOJ
A federal judge in Washington agreed that a legal fight over a controversial $1.8 billion fund for alleged political “weaponization” victims was likely obsolete in light of U.S. assurances that the plan won’t go forward.
Taxes June 11, 2026
Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums
The tax increase with the most momentum is one that is likely to fall largely on everyday Californians in the form of increased costs for private health insurance monthly premiums.
General News June 11, 2026
Idaho Bookkeeper Receives Jail Time for Embezzling From Lewiston’s Travelland RV
Di Ann R. Geagley says gambling addiction led her to steal a half-million-dollar sum from the business in Lewiston, ID.
Small Business June 10, 2026
U.S. Refunds $22 Billion in Tariffs, Canceling Out Customs Revenue
The U.S. Treasury refunded nearly $22 billion in tariff revenue collected from importers in May, the first swath of such repayments since the Supreme Court struck down a major component of President Donald Trump’s trade policy.
Technology June 10, 2026
Canopy Releases Close Automation to Customers in Open Beta
The module has evolved into a native system of record that unifies client workflows with general ledger data to automate ledger monitoring, issue surfacing, and reporting, Canopy says.
Benefits June 10, 2026
Social Security COLA 2027: Latest Projection at 3.8%—But Still Trails Cost of Living
According to The Senior Citizens League, the cost-of-living estimate for this month is 3.8%, which is one percentage point higher than last year’s COLA of 2.8%.
Technology June 10, 2026
The Case for Standardizing Audit Data Intake Before Busy Season Hits
The goal isn’t to fix everything at once. It’s to stop repeating the same friction on every new client.