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Latest Articles

Voting Opens for 2026 Readers’ Choice Awards!

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.

Isaac M. O'Bannon

Featured Articles

April 6, 2026  

CPA Endowment Fund of Illinois Announces Board of Directors

April 6, 2026  

Average 2026 Tax Refund Up $350 Year Over Year, IRS Data Shows, as Tax Deadline Approaches

April 6, 2026  

IRS: Business Tax Accounts Expand to Partnerships, Tax-Exempt Groups, and Government Entities

April 6, 2026  

Nearly Half of U.S. Workers Believe Wages Will Never Catch Up to the Cost of Living

April 6, 2026  

Sax Buys Boutique Accounting Firm Faz Forensics
FASB Issues One Last Proposed ASU to Close Out the Year

Accounting December 19, 2023 

FASB Issues One Last Proposed ASU to Close Out the Year

The proposed rules issued by the FASB on Dec. 19 focuses on induced conversions of convertible debt instruments.

Jason Bramwell

FASB Makes 2024 GAAP and SEC Taxonomies Available

Accounting December 19, 2023 

FASB Makes 2024 GAAP and SEC Taxonomies Available

Taxonomies on GAAP financial reporting, SEC reporting, and DQC rules were released by the FASB on Dec. 18.

Jason Bramwell

Calvetti Ferguson Adds Dallas CPA Firm Gummer Group

Firm Management December 19, 2023 

Calvetti Ferguson Adds Dallas CPA Firm Gummer Group

With the acquisition of Gummer Group on Dec. 1, Calvetti Ferguson's headcount in its Dallas office increased by 25%.

Jason Bramwell

The Benefits of Delayed Business Filings

Small Business December 19, 2023 

The Benefits of Delayed Business Filings

In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer.

Nellie Akalp

Hunter Biden Faces Jan. 11 Arraignment on Tax Charges

Taxes December 19, 2023 

Hunter Biden Faces Jan. 11 Arraignment on Tax Charges

Hunter Biden must respond to federal charges that he failed to pay taxes on millions of dollars he received from foreign businesses.

New State and Local Taxes – Dec. 2023

Taxes December 19, 2023 

New State and Local Taxes – Dec. 2023

The start of a month typically brings some number of tax-related changes. Some of the standouts for December 2023 are described below.

Gail Cole

Quadient Integrates with Xero for Automated SMB Accounting

Accounting December 19, 2023 

Quadient Integrates with Xero for Automated SMB Accounting

Quadient AP eliminates the need for manual data import or export, reducing the risk of human error, accelerating cash flow and giving businesses a clearer understanding of their AP status.

Isaac M. O'Bannon

4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI

Artificial Intelligence December 19, 2023 

4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI

AI-powered tools for finance and accounting organizations have been around for years, helping to automate data entry and bookkeeping, invoice processing, budgeting, and many other processes. But generative AI is different.

Steve Saah

leadership-551

Accounting December 18, 2023 

AICPA Announces 2023 Leadership Academy Graduates

The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training.

Isaac M. O'Bannon

Illinois CPA Society Releases New Report on Turnover in the Accounting Profession

Firm Management December 18, 2023 

Illinois CPA Society Releases New Report on Turnover in the Accounting Profession

ICPAS hosted multiple focus groups, conducted personal interviews, and surveyed both current and former ICPAS members to hear their unique perspectives on the profession’s long-term trouble with turnover.

Isaac M. O'Bannon

5 Reasons Offering Advisory Services Will Help You Escape the Accountant’s Trap

Advisory December 18, 2023 

5 Reasons Offering Advisory Services Will Help You Escape the Accountant’s Trap

I’m going to reveal the top five reasons why offering advisory services will help you escape the trap, but first, let’s get on the same page as what, exactly, are advisory services?

alcohol

Small Business December 18, 2023 

California Bottle Recycling Fee will Apply to Wine and Spirits Starting Jan. 1, 2024

The Bottle Bill imposes redeemable recycling fees on aluminum, bimetal, glass, and plastic beverage containers.

Gail Cole

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