Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Firm Management January 11, 2024
Canopy Launches Practice Success Podcast for Accounting Firms
The podcast features interviews with top accounting profession thought leaders and firm owners.
Taxes January 11, 2024
Ohtani’s Contract Prompts California Controller to Ask Congress to Step In on Deferrals
Congress should narrow a loophole that could spare Shohei Ohtani from paying tens of millions in California taxes, Malia Cohen said.
Accounting January 11, 2024
GASB Issues New Guidance on Risk Disclosures
The new statement is meant to provide financial statement users with information about certain risks when circumstances make a government vulnerable to a heightened possibility of loss or harm.
Digital Currency January 10, 2024
SEC OKs Bitcoin-Spot ETFs in Milestone for Digital Assets
U.S. regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, with 11 funds to begin trading Thursday.
Firm Management January 10, 2024
PKF O’Connor Davies Picks Up Robert Philipson & Co.
The Maryland-based firm, acquired by PKF O’Connor Davies on Jan. 1, specializes in servicing high-net-worth and other private clients.
Accounting January 10, 2024
FASB Adds Members to Not-for-Profit Committee
The Financial Accounting Standards Board (FASB) has announced the appointment of six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
Taxes January 10, 2024
Taxpayer Advocate Delivers Annual Report to Congress, Identifies Top 10 Problems with Agency
The report credits the Internal Revenue Service with substantially improving taxpayer services and developing plans to transform the taxpayer experience in the coming years, but it identifies paper processing as an area of continuing weakness.
IRS January 10, 2024
Long IRS Delays in Assisting Identity Theft Victims Are ‘Unconscionable,’ National Taxpayer Advocate Says
Nearly 500,000 taxpayers with cases pending at the IRS waited almost 19 months for their identity theft issues to be resolved.
Firm Management January 10, 2024
BDO USA Adds 60 New Principals for 2024
This is the first new class of rainmakers since BDO ditched its partnership model to become a professional services corporation.
Taxes January 10, 2024
Tax Tips for Accountants With Gambling Clients
With millions trying their luck, complex tax rules for reporting and deducting gambling winnings and losses present new challenges for taxpayers.
Accounting January 10, 2024
LeaseCrunch Announces Significant Investment by Aquiline Capital Partners
LeaseCrunch optimizes lease accounting processes for CPA firms by automating calculations and the required deliverables.
Accounting January 10, 2024
AICPA & CIMA Offer Series Focused on Latest Audit and Accounting Developments
The AICPA A&A Focus Series is designed to keep members up to date on developments and critical issues in accounting, auditing and assurance.