AICPA October 29, 2026
AICPA Proposes Update of SOC 2 Trust Services Criteria to Enhance the Relevance, Usability and Value of CPAs’ Reports
The AICPA’s SOC 2 Working Group is seeking public comment on the exposure draft through Jan. 15, 2027.
Firm Management May 6, 2024
Crete Secures Funding to Bring Aboard New Partner Firms, Grow Tech Capabilities
Crete Professionals Alliance will use the undisclosed amount of funding to add firms to its platform, as well as leverage technology, such as AI.
Accounting May 6, 2024
51 Accounting Scholarships Awarded by MassCPAs
These scholarships, presented through the MassCPAs Educational Foundation Scholarship Program, recognize academic performance and commitment to the accounting profession.
Digital Currency May 6, 2024
Study: More Than 90 Percent of Stablecoin Transactions Aren’t From Real Users
Out of about $2.2 trillion in total transactions in April, just $149 billion originated from “organic payments activity,” Visa says.
Taxes May 3, 2024
More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.
Taxes May 3, 2024
EV Makers Win Two-Year Extension to Qualify for Tax Credits
The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.
Small Business May 3, 2024
2024 Guide to State Sales Tax Holidays
There were about 45 sales tax holidays in 24 states in 2023 and could be even more than that in 2024.
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Small Business May 3, 2024
Hawaii to Offer Tax Amnesty to Switch Short Term Rentals to Long Term
Could tax incentives geared toward turning Hawaii short-term rentals (STRs) into long-term housing increase housing stock and decrease rents for Hawaiians? Governor Josh Green thinks so.
Accounting May 3, 2024
Wolters Kluwer to Add New AI Features to Tax and Accounting Systems
The upcoming AI enhancements are a continuation of more than a decade of investing in and deploying multiple forms of artificial intelligence into its global portfolio of solutions.
Technology May 2, 2024
Midmarket Businesses Face Challenges Implementing AI
Most middle market organizations are adopting AI (78%) and generative AI (77%). However, 54% of those using generative AI find its deployment more challenging than anticipated.
Firm Management May 2, 2024
Wipfli Buys Michigan-Based Consulting Firm Harbour Results
The top 20 firm's deal with Harbour Results, a management consulting firm for the manufacturing industry, became effective May 1.
Payroll May 2, 2024
Hourly Wages Grow at Small Businesses
“Hourly earnings growth increased to 3.34% in April, ending a decline that began in mid-2022.”
Firm Management May 2, 2024
CLA Adds Atlanta-Based Ronald Blue & Co. CPAs
With approximately 80 employees and eight partners, Ronald Blue was expected to join top 10 accounting firm CLA on May 1.