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.
Taxes July 30, 2026
Will Trump Accounts Make a Significant Difference in Lives of Young People?
The children who would benefit most from these accounts are least likely to be signed up early, one economist says.
Economy July 30, 2026
Federal Reserve Keeps Interest Rates Steady
The committee voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%.
Benefits July 30, 2026
AARP Issues Warning About Latest Social Security Bill
AARP said the PROMISE bill introduced by Sens. Dick Durbin, D-Ill., Bill Cassidy, R-La., and six other lawmakers would remove public input from its important role in reforming Social Security.
Taxes July 29, 2026
Mamdani Defends Pied-à-Terre Tax Rollout as 17,000 Homeowners Notified They Could Get Hit
New York City Mayor Zohran Mamdani said Wednesday the city is working to ensure that only those whose legal residence is outside of the Big Apple are taxed.
Firm Management July 29, 2026
Opinion: The AI Trickle-Down Myth
When we vet an AI tool, we ask for the SOC 2 report. We check whether it trains on our data. Good instincts, but the wrong question.
Taxes July 29, 2026
IRS to Observe National Whistleblower Day on July 30
July 30 is National Whistleblower Day, and the IRS said it plans to recognize the role whistleblowers play in exposing tax fraud, reducing the tax gap, and improving tax compliance.
Taxes July 29, 2026
7 Million Trump Accounts Have Been Opened, Administration Says
According to Secretary of Treasury Scott Bessent, 86% of Trump Account participants come from families earning less than $200,000 annually.
Payroll July 29, 2026
Should Cryptocurrency Have a Place in Your Retirement Portfolio?
"Whether digital assets belong in an investment portfolio likely depends on an investor’s risk tolerance and their speculative nature," says financial advisor Michael Godwin.
Taxes July 29, 2026
Washington ‘Millionaires Tax’ Repeal Faces Legal Fight Over 21 Words
The stakes over those 21 words are high for the November vote on Initiative 645, which would repeal the recently enacted 9.9% tax on households earning more than $1 million a year.
IRS July 29, 2026
Senators Put Blanche on Deadline
GOP holdouts want reassurance from Todd Blanche on weaponization fund, created as part of settling President Donald Trump’s $10 billion suit against the IRS.
Payroll July 29, 2026
Visa to Lay Off Nearly 7% of Its Workforce
The layoffs come as Visa is seeking to make its operations more efficient and advance its use of artificial intelligence.
SEC July 29, 2026
Ex-SEC Chief Jay Clayton Confirmed as Director of National Intelligence
Clayton will replace Bill Pulte, whose temporary appointment last month riled many Democrats after the resignation of former DNI Tulsi Gabbard.