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.
Artificial Intelligence December 19, 2023
4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI
AI-powered tools for finance and accounting organizations have been around for years, helping to automate data entry and bookkeeping, invoice processing, budgeting, and many other processes. But generative AI is different.
Firm Management December 18, 2023
Illinois CPA Society Releases New Report on Turnover in the Accounting Profession
ICPAS hosted multiple focus groups, conducted personal interviews, and surveyed both current and former ICPAS members to hear their unique perspectives on the profession’s long-term trouble with turnover.
Small Business December 17, 2023
As Businesses Shift Focus to Efficiency, Finance Teams Must Find Ways to Do More with Less in AP
Finance leaders ranked AP automation as their top digitization priority in the back office—ahead of Accounts Receivable (AR), expense management, close management, and forecasting.
Taxes December 15, 2023
Bill Would Give Tax Credits for Rare Earth Magnets Made in the U.S.
The legislation would provide a $20 per kilogram production tax credit for rare earth magnets manufactured in the United States.
Small Business December 15, 2023
The Top 5 Small Business Accounting Systems in 2024
If you’re in the market for accounting software or an accountant recommending software to your clients, consider these five accounting applications.
Taxes December 15, 2023
IRS Provides More Guidance on New Corporate AMT
The corporate AMT imposes a 15% minimum tax on the adjusted financial statement income of large corporations.
Firm Management December 14, 2023
Sikich to Acquire CliftonLarsonAllen’s Federal Government Practice
More than 70 employees, including four principals, from CLA’s federal government practice will join Sikich on Dec. 31.
Artificial Intelligence December 14, 2023
7 in 10 Accountants Say AI Benefits the Profession, Survey Finds
A Moss Adams study found that 69% of accountants believe AI will enhance, not eliminate, jobs and is a plus for the accounting profession.
Taxes December 14, 2023
IRS Tax Demands Would Take Money From FTX Bankruptcy Victims
U.S. officials will take money away from FTX victims unless a judge rejects the government’s demand for $24 billion in unpaid taxes.
IRS December 14, 2023
IRS Sets Mileage Rate at 67 Cents Per Mile for 2024
The optional standard mileage rate for business use of a vehicle will increase 1.5 cents from 2023, the IRS said on Thursday.
IRS December 13, 2023
IRS Chief Lays Out Plans for New Leadership Structure
Expected to occur in early 2024, this is the first leadership reorganization at the tax agency in more than two decades.
Payroll December 13, 2023
Recent Data Study Reveals Most Popular Side Hustle in Every U.S. State
39% of Americans are currently working a side hustle in addition to their full-time job to pay their bills. Younger generations are even more likely to have one – 53% of Gen Z and 50% of millennials have a side hustle.