Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
IRS March 10, 2025
House Unveils Trump-Backed Bill to Avert Government Shutdown
The bill would claw back $20.2 billion in spending for the Internal Revenue Service passed as part of President Joe Biden’s signature green-energy Inflation Reduction Act.
Small Business March 10, 2025
AI Security: Invoice or Impersonation? 36.5% Spike in Phishing Attacks Leveraging QuickBooks’ Legitimate Domain in 2025
Cybercriminals are creating free accounts on the Intuit QuickBooks platform, which makes these attacks challenging for people to distinguish from genuine communications.
Advisory March 7, 2025
Study: Nearly Half of Nonprofits Lack Funds to Effectively Operate
For the second consecutive year, individual contributions—the single largest source of dollars given to charitable organizations for more than 10 years—have declined.
Taxes March 7, 2025
AICPA Releases Statement on IRS Services for this Tax Season
In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released the following statement.
Taxes March 7, 2025
Michigan Businessman Found Guilty of Employment Tax Crimes
A federal jury convicted a Michigan businessman on March 5, 2025, for not paying employment taxes and not filing his own individual income tax returns.
Taxes March 7, 2025
The Tax Blotter – March 7, 2025
The Tax Blotter is a round-up of recent tax-related news briefs.
Small Business March 7, 2025
Treasury Department’s CTA Intervention is Overdue, But More Must Be Done
The Trump administration recently announced that it is halting all enforcement actions tied to the Corporate Transparency Act; however, small businesses are not out of the woods yet.
Taxes March 7, 2025
Can a U.S. Tax Court Decision Be Appealed?
Even though the Tax Court is commonly thought of as the forum of last resort for appealing tax bills and other IRS issues, there is a way to appeal a Tax Court ruling. However, the chances of success of these appeals are often relatively low.
Financial Reporting March 6, 2025
AICPA Says BOI Enforcement Freeze is Good Step, But Wants Clarification
The AICPA awaits the release of additional details later this month but believes that Treasury is headed in the right direction with this decision.
Payroll March 6, 2025
U.S. Jobless Claims Fall, Allaying Concerns About Labor Market
Applications for unemployment benefits dropped last week and returned to muted levels seen at the start of the year, offering some relief after other reports pointed to worsening labor-market conditions.
Accounting March 6, 2025
Lili Connect Expands Internationally
Through Lili Connect, corporate formation services partners can now offer their customers streamlined banking, accounting, and tax preparation solutions.
Auditing March 6, 2025
The Institute of Internal Auditors Opens Third-Party Topical Requirement for Public Comment
The Topical Requirements are a key element of The IIA’s broader International Professional Practices Framework, alongside the Global Internal Audit Standards and Global Guidance.