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.
Payroll December 10, 2025
Survey: Fewer Americans Are Planning to Tip This Holiday Season
Fewer Americans are planning to tip their service providers this holiday season compared to last year—from their housekeepers, trash collectors and gardeners to mail carriers, teachers and childcare providers, according to Bankrate.
Taxes December 9, 2025
Chicago Mayor Tweaks Head Tax Plan to Target Bigger Companies
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes December 9, 2025
Boston Mayor’s Tax Battle Heats Up Ahead of Vote to Set Residential Tax Hike at 13%
The Boston City Council is expected to vote Wednesday to set the residential tax rate at $12.40 per thousand dollars of assessed value and commercial tax rate at $26.96 per thousand dollars of assessed value.
Taxes December 9, 2025
Massachusetts Governor Urges Congress to Extend ACA Tax Credits Before Costs ‘Skyrocket’
Gov. Maura Healey on Tuesday called on Congress to approve an extension of Affordable Care Act tax credits, warning that health care costs for millions of Americans would skyrocket if lawmakers fail to act.
Artificial Intelligence December 9, 2025
Kantata Partners with Avalara to Deliver Integrated E-Invoicing Solution
This partnership will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.
Mergers and Acquisitions December 9, 2025
Prosperity Partners Adds Farkouh, Furman & Faccio in New York
The private equity-backed tax and accounting firm said Dec. 9 it has acquired New York City-based FF&F a provider of tax, attest, accounting, and business consulting services.
Taxes December 9, 2025
Michigan Judge Allows State’s New 24% Marijuana Tax to Stand for Now
A Michigan judge ruled against marijuana businesses in the state Dec. 8, rejecting their arguments that a new 24% wholesale tax on their products, imposed by the Legislature as part of a road-funding deal, should be immediately blocked.
Technology December 9, 2025
Digits Launches AI Assistant ‘Ask Digits’
San Francisco-based Digits has launched "Ask Digits," a new AI-powered assistant that gives business owners and accountants a unified place to ask questions, take action, and interact with their financials in real time.
Technology December 9, 2025
Pilot Unveils Local Partner Program
The new program provides independent bookkeepers and accounting firms with access to software and automation capabilities, advisory services, and sales enablement tools.
Accounting Standards December 8, 2025
FASB Posts New Standard to Improve Interim Reporting
The Financial Accounting Standards Board issued a new Accounting Standards Update on Dec. 8 that the board said improves the navigability of the required interim reporting disclosures and clarifies when that guidance is applicable.
Taxes December 8, 2025
Senate Republicans Introduce Bill to Extend ACA Tax Credits with Income Cap and Minimum Premium
Republican U.S. Sens. Bernie Moreno of Ohio and Susan Collins of Maine are introducing legislation to extend the tax credits for two years while imposing new restrictions on eligibility.
Payroll December 8, 2025
Dozens of Cities, States Hiking Minimum Wages in 2026 Amid Federal Inaction
The rate will hit $15 per hour in dozens of localities, though the federal minimum wage remains $7.25 per hour.