Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Accounting January 6, 2025
2024’s Economy Lays the Groundwork for a Steady 2025
As we look to 2025, the small business economy is on track to support these businesses and provide additional opportunities for growth. However, uncertainties remain.
Payroll January 6, 2025
Biden Inks Social Security Bill in Rare Public Signing Ceremony
The Social Security Fairness Act will boost Social Security payments to more than 2.5 million retirees—some by as much as $550 a month—by changing the formulas used to reduce benefits for certain beneficiaries.
Taxes January 6, 2025
Trump’s Major Legislative Agenda Will Pass by May, Speaker Mike Johnson Says
Johnson said on Fox News that the massive bill would address issues such as an extension of the 2017 Trump tax cuts, border security, raising or eliminating the federal debt ceiling, reducing federal regulations and “dismantling the deep state.”
Accounting January 3, 2025
Man Who Carried Out Deadly New Orleans Terrorist Attack Worked at Deloitte
Shamsud-Din Jabbar joined the Big Four firm in 2021, according to a statement from Deloitte, and was working as a senior solution specialist. He also had previously worked at EY after his service in the U.S. Army concluded.
Accounting Standards January 3, 2025
FASB Seeks Input on Future Standard-Setting Agenda Priorities
The Financial Accounting Standards Board published an invitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.
Auditing January 3, 2025
SEC Approves New PCAOB Procedure That Revokes Delinquent Firms’ Registrations
Under the new rules, the PCAOB can address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered, as demonstrated by its failures to file annual reports via PCAOB Form 2 and pay annual fees for at least two consecutive reporting years.
Payroll January 3, 2025
Xero Partners with Gusto to Offer Integrated Payroll Solution
Xero’s U.S. small business customers will be able to pay their teams seamlessly within the Xero platform, giving them greater visibility into their finances and operations.
Mergers and Acquisitions January 3, 2025
Aprio Acquires Two Chicago-Area Accounting Firms
The top 30 accounting firm has expanded into the Chicago market after acquiring CPA firm KRD Ltd., which has offices in Chicago and Schaumburg, IL, as well as Burkett & Beattie, a CPA firm based in Libertyville, IL.
Firm Management January 3, 2025
RSM US Adds 84 New Partners and Principals for 2025
Jan. 2 was a big day at top five accounting firm RSM US, as its new partner and principal class of 2025 was officially announced.
Small Business January 3, 2025
More Americans Moving Into Southern States, U-Haul Data Shows
The trend of southern states netting larger numbers of one-way U-Haul customers continued during 2024, with South Carolina topping the U-Haul Growth Index for the first time. Texas, North Carolina, Florida and Tennessee round out the five leading growth states.
Taxes January 3, 2025
Trump Picks Ken Kies for Key Tax Policy Job at Treasury Department
Kies, a longtime Republican lobbyist, will be assistant secretary for tax policy, placing him as a point person at Treasury working on tax cuts Trump has touted as a signature policy issue for 2025.
January 3, 2025
Biden Blocks Nippon Steel’s $14.1 Billion Takeover of U.S. Steel
Biden announced his formal decision on Friday after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.