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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
Canopy to Bring Bookkeeping Into Its Practice Management Platform

Technology February 11, 2026 

Canopy to Bring Bookkeeping Into Its Practice Management Platform

Designed for accounting firms and CAS teams, Canopy Bookkeeping integrates with the company's practice management software, bringing real-time general ledger visibility directly into daily workflows.

Jason Bramwell

 U.S. Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

Payroll February 11, 2026 

U.S. Adds 130,000 Jobs and Unemployment Falls After Tepid 2025

U.S. payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell to 4.3%, suggesting the labor market continued to stabilize at the start of 2026.

Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay

Taxes February 11, 2026 

Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay

Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.

AICPA to IRS: Simplify ‘Determine and Document’ Requirement in Section 951

Taxes February 11, 2026 

AICPA to IRS: Simplify ‘Determine and Document’ Requirement in Section 951

The AICPA recommends the IRS modify and simplify the “determine and document” requirement in Notice 2025-75 by either eliminating or significantly paring back the documentation requirement or alternatively adopting a per se rule or safe harbor.

Jason Bramwell

Michigan Gov. Whitmer Wants New Taxes on Tobacco, Sports Betting to Keep Health Spending Stable

Taxes February 11, 2026 

Michigan Gov. Whitmer Wants New Taxes on Tobacco, Sports Betting to Keep Health Spending Stable

To raise revenue and offset an increased state cost of administering Medicaid, Michigan Gov. Gretchen Whitmer is proposing six new taxes: on tobacco and vapes, digital advertising and sports betting, along with a new internet tax rate on the state’s largest casinos.

Valentine’s Day Cash-Flow Trap: The 5 Biggest Mistakes Small Businesses Make Every Year

Small Business February 11, 2026 

Valentine’s Day Cash-Flow Trap: The 5 Biggest Mistakes Small Businesses Make Every Year

While restaurants, florists, jewelers, and gift shops see a surge in demand, many underestimate the upfront costs, inventory risks, and delayed payments that follow.

Logothetis ‘Deeply Honored’ to Be Chosen to Lead PCAOB

PCAOB February 11, 2026 

Logothetis ‘Deeply Honored’ to Be Chosen to Lead PCAOB

Demetrios “Jim” Logothetis, the new chairman of the Public Company Accounting Oversight Board, as well as two new board members, were officially sworn in during a ceremony on Feb. 10.

Jason Bramwell

62 Accounting Firms Made ClearlyRated’s Best Client Service List for 2026

Accounting February 11, 2026 

62 Accounting Firms Made ClearlyRated’s Best Client Service List for 2026

The accounting firms that appear on this year's list obtained at least a 50% net promoter score, indicating they provide clients with exceptionally high levels of service, ClearlyRated says.

Jason Bramwell

Only 31% of Workers Reach a True Flow State, New Data Finds

Payroll February 11, 2026 

Only 31% of Workers Reach a True Flow State, New Data Finds

The findings of Resume Now’s "Fleeting Flow Report" paint a picture of a fragmented workday where productivity is less about motivation and more about fighting distractions.

Affairs at Work: 1 in 10 U.S. Workers Say They’ve Had One in the Past Year

Payroll February 11, 2026 

Affairs at Work: 1 in 10 U.S. Workers Say They’ve Had One in the Past Year

Some professionals are engaging in romantic relationships with colleagues while in another relationship—often with real consequences on focus and productivity, said career experts TopResume.

Capstone Adds Peltier, Gustafson & Miller in New Mexico

Mergers and Acquisitions February 11, 2026 

Capstone Adds Peltier, Gustafson & Miller in New Mexico

Bend, OR-based Capstone Accounting and Tax said Feb. 9 it has added Peltier, Gustafson & Miller, expanding its presence into the growing New Mexico market.

Jason Bramwell

AI-Native Accounting Foundation Created to Equip Firms and Finance Teams to Adopt AI Confidently

Firm Management February 11, 2026 

AI-Native Accounting Foundation Created to Equip Firms and Finance Teams to Adopt AI Confidently

The AI Native Accounting Foundation is an independent nonprofit focused on helping the accounting and finance profession make sense of how artificial intelligence is actually being used in practice.

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