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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
 Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says

Taxes May 21, 2026 

Bottom Half of Earners Should Pay Zero in Income Taxes, Bezos Says

Speaking with CNBC’s Andrew Ross Sorkin on “Squawk Box,” Jeff Bezos said the top 1% of taxpayers pay about 40% of all tax revenue while the bottom half pay 3%.

Summer Camps May Qualify for Dependent Care Tax Credit

Taxes May 21, 2026 

Summer Camps May Qualify for Dependent Care Tax Credit

The credit isn’t limited to just day care centers and other traditional childcare services.

JD, Ken Berry, JD

AICPA Urges Taxpayer Relief in Use of IPIC Method for Last-In, First-Out Inventory

Taxes May 21, 2026 

AICPA Urges Taxpayer Relief in Use of IPIC Method for Last-In, First-Out Inventory

The letter cites recent changes made by the Bureau of Labor and Statistics (BLS) to the PPI detailed report.

Isaac M. O'Bannon

94% of Mid-Market Companies Use Generative AI — But Few Have What It Takes to Scale 

Artificial Intelligence May 21, 2026 

94% of Mid-Market Companies Use Generative AI — But Few Have What It Takes to Scale 

Generative AI adoption is near-universal among mid-market companies, but fragmented implementation creates new challenges. 

SEC Chief Atkins Pumps the Brakes on Prediction-Market Funds

SEC May 21, 2026 

SEC Chief Atkins Pumps the Brakes on Prediction-Market Funds

The top U.S. securities regulator is delaying the launch of a wave of novel exchange-traded funds that would let investors wager on events such as elections and economic data.

Golf On! Forvis Mazars Named a Global Partner of 2026 PGA Presidents Cup

Firm Management May 20, 2026 

Golf On! Forvis Mazars Named a Global Partner of 2026 PGA Presidents Cup

Brandt Snedeker and the United States Team will compete against Geoff Ogilvy’s International Team at Medinah’s Course No. 3.

Isaac M. O'Bannon

Jan Lewis Elected Chair of AICPA

Accounting May 20, 2026 

Jan Lewis Elected Chair of AICPA

Lewis, a tax partner with top 100 accounting firm BMSS Advisors, was elected May 20 to a one-year term as chair of the American Institute of CPAs.

Jason Bramwell

Intuit Job Cuts to Impact 3,000 Employees

Technology May 20, 2026 

Intuit Job Cuts to Impact 3,000 Employees

Intuit plans to eliminate 17% of its workforce, about 3,000 of its approximately 18,200 global employees, according to published reports on Wednesday.

‘Loyalty Tax’: Why Loyal Employees Are Being Hit Hardest by Layoffs

Payroll May 20, 2026 

‘Loyalty Tax’: Why Loyal Employees Are Being Hit Hardest by Layoffs

A new Careerminds survey finds that long-tenured employees are being blindsided in large numbers, revealing what researchers describe as a “loyalty tax” impacting some of the workforce’s most committed employees. 

KPMG Partners with Anthropic for Digital Gateway Powered by Claude

Artificial Intelligence May 20, 2026 

KPMG Partners with Anthropic for Digital Gateway Powered by Claude

The alliance brings together Anthropic’s frontier AI, KPMG professionals’ domain experience, and a shared commitment to security and trust in AI.

Grant Thornton Acquires MCA Connect in Colorado

Mergers and Acquisitions May 20, 2026 

Grant Thornton Acquires MCA Connect in Colorado

Grant Thornton Advisors is acquiring MCA Connect, a Denver-based consulting and technology firm that works with manufacturing and distribution companies to modernize their operations, improve data quality, and deploy digital solutions.

Jason Bramwell

AICPA Honors Tommye Barie with the Gold Medal of Distinction 

Accounting May 20, 2026 

AICPA Honors Tommye Barie with the Gold Medal of Distinction 

As Executive Vice President of Leadership Development at the Succession Institute, she mentors and coaches CPA firms and future leaders across the profession.

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