Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Auditing September 17, 2024
Prager Metis to Pay $1.95 Million to Settle SEC Charges Over FTX Audits, Other Violations
The firm also agreed to settle auditor independence charges, as well as for aiding and abetting clients' violations of securities laws.
State and Local Taxes September 17, 2024
Some Solutions for State and Local Tax Deductibility
With elections approaching, it’s time for governors and mayors to offer some viable new policy options—and ways to pay for them.
Auditing September 17, 2024
PCAOB: 5 Good Practices For Auditor Independence
Instances of auditor independence noncompliance at firms "increased significantly" during the PCAOB's 2023 audit inspection cycle.
Auditing September 17, 2024
Trullion Releases AI-Powered Audit Suite Platform
The cloud-based solution is designed for auditors to leverage AI to enhance accuracy and reduce human error in audits.
Firm Management September 16, 2024
People Weigh In on PwC U.K.’s Plan to Track Employees’ Work Location
The firm's plan to monitor where its 26,000 U.K. employees do their work from, which starts in January, is getting mixed reviews.
Small Business September 16, 2024
Gusto Introduces ‘Gus’ AI Assistant For Small Businesses
Gus is aimed at helping small business owners save time, get personalized insights, and make smarter business decisions.
Taxes September 16, 2024
Wolters Kluwer Analyzes Tax Policies of Harris and Trump
The tax briefing aims to distinguish the candidates' tax priorities and propose how their policies could potentially affect all taxpayers.
Auditing September 16, 2024
Wolters Kluwer Enhances CCH Axcess Audit Solution
The expanded cloud-based platform integrates with other CCH Axcess modules for faster, more precise engagements.
Taxes September 16, 2024
Vance Says Trump Tariffs Would Help Pay For His Tax Cuts
Donald Trump floated the idea of tariff hikes to offset some income tax cuts to House Republicans in June.
Accounting September 15, 2024
Survey Results Are In: Charting the Future of Accounting
Explore the evolving landscape of the accounting profession with this comprehensive report from Canopy and CPA Practice Advisor.
Firm Management September 13, 2024
Deloitte Global Hauled in $67.2 Billion in Revenue This Year
That's a 3.6% increase in U.S. dollar terms and 3.1% in local currency terms from 2023's global revenue of $64.9 billion.
Accounting September 13, 2024
Wiss Enters Strategic Partnership With AI Platform Basis
Basis will be deployed across the firm to enhance efficiency, reduce risk, and improve the quality of work-life balance for accountants.