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.
Small Business September 8, 2025
Corporations Are Eligible to Issue Qualified Small Business Stock (QSBS) Only if They Satisfy Section 1202’s ‘Aggregate Gross Assets’ Test
There are a number of taxpayer-level and corporate-level eligibility requirements that must be satisfied before a taxpayer is eligible to claim Section 1202’s gain exclusion.
Staffing September 8, 2025
Professionals on the Move – Sept. 2025
Professionals on the Move is a round-up of recent promotions, hires, and other staffing announcements from around the public accounting and accounting technology space.
Financial Reporting September 8, 2025
AICPA Report: U.S. Organizations Overlook Risk Management as a Strategic Priority
Despite this shift, just 35% report having comprehensive ERM processes in place, and only 32% rate their organization’s overall risk oversight as “mature” or “robust.”
Accounting September 8, 2025
Accounting Talent Report Shows Growing Skills Gap
New Illinois CPA Society research reveals readiness divide between early-career professionals and managers, with growing skills gaps fueling generational friction.
Firm Management September 8, 2025
Started as Alternative to Taxing Corporate Culture, Atlanta Audit Firm Turns 45
Atlanta-based Bennett Thrasher was founded in 1980 by two accountants who left their corporate jobs to start a firm on their own.
Taxes September 5, 2025
AICPA Asks for Guidance on Pillar Two Co-Existence with U.S. Tax Rules
In a letter, the Association of International Certified Professional Accountants requested guidance and made recommendations on the Pillar Two framework co-existing with U.S. tax rules for U.S. multinational enterprises in a side-by-side system to the OECD.
Payroll September 5, 2025
Weak U.S. Payroll Gain of 22,000 Cements Case for Fed Rate Cut
Job growth cooled notably last month while the unemployment rate rose to the highest since 2021, fanning concerns the labor market may be on the cusp of a more significant deterioration.
Technology September 5, 2025
Grant Thornton Advisors to Sink $1 Billion Over Three Years on AI
Grant Thornton says the investment wil provide AI tools and technology to the entire workforce at its multinational professional services platform, which stretches from the Americas across Europe to the Middle East.
Payroll September 5, 2025
U.S. Companies’ Pay Raise Budgets Next Year Are Expected to Be on Par with 2025
A new study from The Conference Board shows U.S. companies are planning to increase their salary budgets by an average of 3.4% in 2026—in line with 2025 reported increases.
Taxes September 5, 2025
Tariffs Leave U.S. Business Tied Up in Costly Red Tape
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Auditing September 4, 2025
How the PCAOB Can Promote Technology Use in Auditing
The Technology Innovation Alliance Working Group has provided the audit regulator with four recommendations on how it can proactively and strategically promote the use of technology in auditing.
Taxes September 4, 2025
IRS Has Shared Data on More Than 40,000 Immigrants with ICE
The IRS has already shared the residential addresses of more than 40,000 foreigners with immigration authorities, who are seeking to have the confidential information of at least 1 million more people incorporated directly into their database.