Accounting October 6, 2026
The 2026 AI Finance Stack
73 tools worth knowing, how I would put them together, and the trends behind why finance teams are picking them.
Taxes December 5, 2025
GAO Report: ACA Marketplace, Tax Credits at Risk for Fraud
The federal health insurance exchanges established by the Affordable Care Act allowed the enrollment of fake beneficiaries and the payout of accompanying premium subsidies, a Government Accountability Office report published Wednesday found.
Accounting December 4, 2025
Kansas Accountant, Who Created Fictitious ‘Middle Finger Ranch’ for Fraud Scheme, Sentenced to 4 Years in Jail
Quintin Flanagin, 45, of Colby, KS, was sentenced to 48 months in prison on Dec. 3 after admitting this past summer to defrauding clients, who were his family members, and using part of the money to build a home.
Accounting December 4, 2025
Opportunities Exist for More Transparent Audit Committee Disclosures, CAQ Says
Most disclosure areas have stagnated or declined, providing audit committees with an opportunity to enhance transparency about their evolving oversight responsibilities, the Center for Audit Quality says in a new report.
Staffing December 4, 2025
1 in 3 Young Professionals Still Live With Parents, Says Report
Surveying 1,000 adults aged 18–33, the report found that 35% of young adults have previously lived with their parents after starting their career and another (34%) are currently living with their parents.
Taxes December 4, 2025
Karbon Launches Smart Tax Organizers and Binders Powered by StanfordTax to Streamline Tax Season
All client uploads, communications, and workpapers sync across Karbon’s platform for a unified experience spanning contacts, jobs, client tasks, and billing within the single client portal experience, Karbon for Clients.
Taxes December 4, 2025
Democrats Tee Off on Possible Treasury Corporate Tax Move
Sen. Elizabeth Warren and Rep. Donald S. Beyer Jr. are leading opposition to a potential regulatory carve-out from a new minimum tax on corporate profits that critics say could generate an unjustified windfall for big companies.
Accounting Standards December 4, 2025
FASB Adds Guidance to GAAP on Accounting for Government Grants by Businesses
A new Accounting Standards Update published by the Financial Accounting Standards Board on Dec. 4 establishes authoritative guidance on the accounting for government grants received by business entities.
Mergers and Acquisitions December 4, 2025
LGA Merges with Cohen Cohen & Co. and Ziner & Murphy in Massachusetts
The top 200 firm announced the completion of two merger deals this week—one with Boston-based CPA firm Cohen Cohen & Co. and the other with Stoneham, MA-based CPA firm Ziner & Murphy—effective Dec. 1.
Technology December 4, 2025
Manual Processes Still Prevalent in Accounts Payable as 1099 Season Nears, Avalara Report Says
As the 1099 filing season approaches, rising form volumes, shifting IRS requirements, and tighter audit scrutiny are colliding with outdated, manual processes—leaving accounts payable teams stretched thin and exposed to risk.
Accounting December 4, 2025
While Not Thrilled About the Economy, CPA Business Execs Are More Optimistic About Their Own Companies’ Outlook in Q4
CPA business leaders cited domestic economic conditions and inflation as their top concerns, while tariff-related uncertainty eased compared with last quarter, according to the Q4 AICPA and CIMA Economic Outlook.
Taxes December 4, 2025
Philadelphia Officials Try to Close Tax Loophole That Allows Refunds for People Who Steal Homes
Due to a loophole in current city law, thieves who forge deeds and steal homes can request a refund of the realty transfer taxes they paid to commit their crimes.
Taxes December 4, 2025
Scott Bessent Under Consideration to Also Lead National Economic Council
The National Economic Council works on all economic issues out of the White House including taxes, health care and energy and serves as a key policy coordinator for those ideas and plans across the federal government.