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Article

IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027

Taxes November 5, 2026 

IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027

The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.

Jason Bramwell

Featured Articles

November 6, 2026  

PCAOB Strips 97 Audit Firms of Registration

November 6, 2026  

Trump, Congress Set to Clash Over Economic Costs of Tariffs

November 6, 2026  

U.S. Adds 165,000 Jobs, Topping All Forecasts in Broad Advance

November 6, 2026  

TaxDome Unveils Client MCP for Accounting Firms

November 6, 2026  

94% of Men Feel Pressure to Financially Support Themselves and Their Dependents
Judge Declines Action on ‘Anti-Weaponization’ Fund While Warning DOJ

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.

 Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums

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.

 Idaho Bookkeeper Receives Jail Time for Embezzling From Lewiston’s Travelland RV

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.

U.S. Refunds $22 Billion in Tariffs, Canceling Out Customs Revenue

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.

Canopy Releases Close Automation to Customers in Open Beta

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.

Jason Bramwell

The Case for Standardizing Audit Data Intake Before Busy Season Hits

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.

Justin Pulgrano

Crunchafi Adds In-App Integration with Thomson Reuters for Lease Accounting Automation in PPC Audit Workflows

Technology June 10, 2026 

Crunchafi Adds In-App Integration with Thomson Reuters for Lease Accounting Automation in PPC Audit Workflows

The integration delivers concrete benefits across the audit workflow:

Xero Adds Free Standard ACH

Technology June 10, 2026 

Xero Adds Free Standard ACH

To ease this process, Xero has announced that standard ACH bill payments are now free for all U.S. Xero business plan customers

FASB Aims to Improve Guidance on Market-Return Cash Balance Plans

Accounting Standards June 10, 2026 

FASB Aims to Improve Guidance on Market-Return Cash Balance Plans

The Financial Accounting Standards Board released a proposed Accounting Standards Update on Wednesday with the objective of improving accounting guidance for certain market-return cash balance plans.

Jason Bramwell

Which States Have the Highest, Lowest Income Earners in 2026?

Payroll June 10, 2026 

Which States Have the Highest, Lowest Income Earners in 2026?

Personal finance website WalletHub went in search of the states where residents made the highest incomes in 2026, based on earnings for three different segments of the population.

Trustees: Social Security, Medicare Outlook Slightly Worse

Benefits June 10, 2026 

Trustees: Social Security, Medicare Outlook Slightly Worse

Without any changes, the main Social Security trust fund would be depleted in the fourth quarter of 2032, one quarter earlier than projected last year, the Social Security trustees said in a report issued on June 9.

‘Anti-Weaponization’ Fund Challengers Question Its Demise

IRS June 10, 2026 

‘Anti-Weaponization’ Fund Challengers Question Its Demise

Challengers to the Trump administration’s $1.8 billion “anti-weaponization fund” asked a judge Tuesday to let them seek evidence the Justice Department truly is abandoning the program, born out of the president's settlement with the IRS.

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