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.
General News August 26, 2025
U.S. Consumer Confidence Little Changed in August
By partisan affiliation, confidence weakened in August among both Republicans and Democrats but was little changed for Independents.
Financial Reporting August 26, 2025
AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline
Only half of AP professionals say they have access to growth or skills development opportunities in their current roles, and just 40% believe they have a clear path to advance their careers.
Taxes August 25, 2025
IRS Says Tax Interest Rates to Stay Unchanged for Q4 of 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on Aug. 25.
Taxes August 25, 2025
‘Ghost’ Tax Preparer Sentenced to 22 Months in Prison for Tax Fraud
Kim Brown, 40, of Augusta, GA, pleaded guilty to two counts of aiding and assisting in the preparation and filing of false income tax returns, according to the U.S. attorney for the Southern District of Georgia.
IRS August 25, 2025
Taxpayer Input Sought on Free Tax Filing Options as IRS Direct File Faces Elimination
Taxpayers have through Sept. 5 to fill out a survey that will be presented to Congress, as the Biden-era program that allows taxpayers to file their taxes for free is at risk of being shut down.
Accounting August 25, 2025
CBIZ Knocks CLA Out of No. 1 Spot in 2025 Top Construction Accounting Firm Rankings
After being named the top accounting firm providing services for businesses in the construction industry for five of the last six years including last year, CliftonLarsonAllen was dethroned by CBIZ in Construction Executive's 2025 rankings.
Accounting August 25, 2025
These Three States Had the Highest CPA Exam Pass Rates in 2024
A new report from the National Association of State Boards of Accountancy offers a detailed look into CPA exam candidate success and trends across jurisdictions and institutions for 2024.
Taxes August 25, 2025
Why a Cannabis Tax Cut Could Spell Trouble for Children in California
A fight over taxes consumers pay for cannabis products has prompted a standoff between unusual adversaries: child-care advocates and the legal weed industry.
Mergers and Acquisitions August 25, 2025
Grant Thornton to Add Strategy Consulting Firm Stax
The top 10 firm said Aug. 19 it will acquire Stax, a Boston-based strategy consulting firm specializing in services for private equity companies, as well as their portfolio companies and advisors.
Payroll August 25, 2025
88% of U.S. Gig Workers Have Taken on More Jobs to Battle Inflation
Also, nearly half (47%) of gig workers cited the lack of benefits like health insurance and retirement plans as their biggest concern.
Taxes August 25, 2025
OnlyFans Creator Made $5.4M But Didn’t Pay Her Taxes, Feds Say
Kylie Leia Perez, who lives in Tampa, FL, and uses the stage name “Natalie Monroe,” owes the IRS at least $1.6 million in back taxes, the U.S. Attorney's Office said on Aug. 14.
PCAOB August 25, 2025
PCAOB Seeks Nominations for Two Advisory Groups
The Public Company Accounting Oversight Board is requesting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group to fill upcoming vacancies.