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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 Stops Illinois Law Banning Some Credit Card Fees From Taking Effect

Small Business June 2, 2026 

Judge Stops Illinois Law Banning Some Credit Card Fees From Taking Effect

The law on so-called interchange fees, or swipe fees, was aimed at providing financial relief for retailers and has been challenged by banks and their allies since it went into effect two years ago.

89% of Financial Services Firms Say Their Executive Pay Systems Can’t Keep Up

Human Resources June 2, 2026 

89% of Financial Services Firms Say Their Executive Pay Systems Can’t Keep Up

A new CSC survey found that 89% of senior HR, rewards, and compensation leaders say in-house technology cannot keep pace with executive compensation demands.

Missouri Ballot Issue to End Income Tax is Lawful, Judge Says, in Win for GOP

Taxes June 2, 2026 

Missouri Ballot Issue to End Income Tax is Lawful, Judge Says, in Win for GOP

A Missouri judge on Monday upheld the ballot language of a Republican plan to replace the state’s income tax with expanded sales taxes in a key win for Republican lawmakers.

Remote Work—Not AI—is What’s Plaguing Young-Grad Hiring, Fed Study Says

Payroll June 2, 2026 

Remote Work—Not AI—is What’s Plaguing Young-Grad Hiring, Fed Study Says

Some 64% of the rise in jobless rates among college-educated workers under the age of 29 vs. prepandemic levels can be attributed to work-from-home trends, researchers said.

SEC Defends Settlement with Musk After Judge Cites ‘Red Flags’

SEC June 2, 2026 

SEC Defends Settlement with Musk After Judge Cites ‘Red Flags’

A proposed settlement between Elon Musk and the Securities and Exchange Commission to end the agency’s Twitter Inc. stake lawsuit came after almost a year of negotiations, attorneys said.

Florida Lawmakers Protect Schools From DeSantis’ Property Tax Plan

Taxes June 2, 2026 

Florida Lawmakers Protect Schools From DeSantis’ Property Tax Plan

State lawmakers also gutted a proposal to spend $5.5 million alerting property owners about the ballot amendment.

PICPA CEO Jen Cryder Honored with John P. McLean Leadership Award

State CPA Societies June 2, 2026 

PICPA CEO Jen Cryder Honored with John P. McLean Leadership Award

Named after an esteemed professor and business scholar at the University of Scranton, the award recognizes accounting professionals who have blazed a path forward for others in the profession.

IRS Introduces Look-Back Interest Calculator for Long-Term Contracts

IRS June 1, 2026 

IRS Introduces Look-Back Interest Calculator for Long-Term Contracts

The IRS has unveiled a new Excel-based calculator to help businesses working on large, multi-year construction or manufacturing projects calculate the interest related to those contracts.

Jason Bramwell

New England Society of CPAs Forms After Merger of 5 State Societies

State CPA Societies June 1, 2026 

New England Society of CPAs Forms After Merger of 5 State Societies

The state CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont have approved a merger to form the New England Society of CPAs, effective July 1.

Jason Bramwell

TaxPlanIQ Announces Latest Tax Planning Advisor Certification Cohort

Technology June 1, 2026 

TaxPlanIQ Announces Latest Tax Planning Advisor Certification Cohort

TaxPlanIQ, a tax planning and advisory platform serving accounting firms across the U.S., said enrollment is open for the third quarterly cohort of its Certified Concierge TaxPlanIQ Advisor program.

Jason Bramwell

Why Review Delays Are Becoming a Bigger Problem for CPA Firms

Accounting June 1, 2026 

Why Review Delays Are Becoming a Bigger Problem for CPA Firms

Inside many CPA firms, operational slowdowns rarely begin with transactional work itself. The friction usually starts during review.

Nicolás Villafañe

CEO Confidence Trends Downward in Q1 2026 as Geopolitical Uncertainty Returns 

Small Business June 1, 2026 

CEO Confidence Trends Downward in Q1 2026 as Geopolitical Uncertainty Returns 

Just over half (51%) of CEOs plan to increase headcount in the year ahead, down from 57% in Q4 2025. 

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