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.
IRS May 28, 2026
IRS: Taxpayers Are Now Able to View and Submit Trump Account Elections in Their Individual Account
New features in IRS Individual Accounts now allow taxpayers to view and submit Trump Account elections, making it easier for families to invest in this tax-advantaged savings vehicle created by the One Big Beautiful Bill Act, the tax agency said May 28.
Payroll May 28, 2026
Trump Accounts App Launches: What to Do Now to Get $1,000 for Your Child
The U.S. Treasury Department has launched the Trump Accounts app, the next step in the pilot program that will give $1,000 to some American children.
Economy May 28, 2026
Americans Are About to Pay Even More at the Grocery Store
A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace.
Financial Reporting May 28, 2026
Auditoria.AI Introduces Governed Autonomy for Enterprise Office of the CFO
Auditoria believes the biggest barrier to enterprise AI deployment is no longer model capability, but governance.
Financial Reporting May 28, 2026
Expanded Section 4960 Rules Create New Financial Planning Challenges for Nonprofits
The One Big Beautiful Bill Act expands IRC Section 4960, widening the 21% executive compensation excise tax to include all employees earning over $1 million.
Financial Reporting May 28, 2026
Crypto Information Reporting Mismatches: Fix 1099 Issues Before an Audit
Basis reporting phases in for 2026 transactions, requiring proactive reconciliation to prevent underreporting flags.
Financial Reporting May 28, 2026
Zone & Co Partners With Nixtla For TimeGPT Forecasting And Anomaly Detection
Zone & Co has partnered with Nixtla to embed TimeGPT, a foundation model for time series data, directly into Zone’s ERP-native financial workflows
Financial Reporting May 28, 2026
Sage Intacct Expands Automation Across Finance Systems
The updates embed trusted automation directly into daily workflows—specifically targeting receivables, accounts payable, purchasing, and SaaS analytics.
Financial Reporting May 28, 2026
Gartner Says CFOs Must Stop Mistaking Finance AI Deployment for Value Creation
Many CFOs are still struggling to convert AI deployment into significant business value, according to Gartner.
Taxes May 28, 2026
Newsom Vows to Levy 100% Tax on California Recipients of Trump’s $1.8 Billion ‘Slush Fund’
Gov. Gavin Newsom indicated that he would need action from the Democratic-led California Legislature to impose the new tax. If adopted, the measure would likely face legal challenge.
Taxes May 28, 2026
Wisconsin Democrats Propose 100% Tax on Trump ‘Weaponization’ Fund
A growing number of Wisconsin Democrats, including several sitting lawmakers and candidates for governor, are proposing a 100% tax on any funds sent to Wisconsinites convicted in the Jan. 6, 2021, storming of the U.S. Capitol.
Taxes May 28, 2026
Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax
Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.