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SOC2 Logo Revised 3  591b2ae4dbc8a

AICPA October 29, 2026 

AICPA Proposes Update of SOC 2 Trust Services Criteria to Enhance the Relevance, Usability and Value of CPAs’ Reports

The AICPA’s SOC 2 Working Group is seeking public comment on the exposure draft through Jan. 15, 2027.

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IRS Issues FAQs on Tax Relief for Dyed Diesel Fuel Highway Use

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Before You Rewrite for GEO, Make Sure You Own Your Firm’s Website

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Helping Profitable Clients Understand Where Their Cash Went
How to Tackle Quiet Cracking in Accounting

Firm Management October 1, 2025 

How to Tackle Quiet Cracking in Accounting

Coined as ‘quiet cracking,' the latest workforce trend is the idea of a worker’s persistent unhappiness in the workplace, leading to disengagement, poor performance and a desire to quit.

irs1

Taxes October 1, 2025 

IRS Appeals Office Rolls Out Post-Appeals Mediation Pilot Program

The IRS said on Oct. 1 that the Independent Office of Appeals has launched a two-year pilot program to increase awareness of post-appeals mediation, as well as to make it a more attractive option to taxpayers.

Jason Bramwell

Deloitte Tops $70 Billion in Global Revenue

Firm Management October 1, 2025 

Deloitte Tops $70 Billion in Global Revenue

The Big Four firm announced Sept. 30 that its global revenue was $70.5 billion for the 2025 financial year that ended May 31, a 4.8% increase in local currency terms and 4.9% increase in U.S. dollar terms from its previous year's haul of $67.2 billion.

Jason Bramwell

BDO USA Welcomes Principal Class of 59 Professionals

Firm Management October 1, 2025 

BDO USA Welcomes Principal Class of 59 Professionals

BDO USA, one of the nation's largest accounting and advisory firms, has promoted 59 professionals to principal, effective October 1.

Deloitte Launches In-House AI Learning Assistant

Technology October 1, 2025 

Deloitte Launches In-House AI Learning Assistant

Deloitte has launched Scout, an AI-driven learning assistant designed to personalize professional development and advance how Deloitte US professionals learn and grow, the Big Four accounting firm announced Oct. 1.

Jason Bramwell

Digits Unveils Firm-Specific AI Models, New Accountant Partner Program

Technology October 1, 2025 

Digits Unveils Firm-Specific AI Models, New Accountant Partner Program

Available exclusively through the new Digits Accountant Partner Program, Firm Models was designed to adapt to each accounting practice, learning continuously from client data, staff workflows, and firm-specific processes to maximize automation accuracy.

Jason Bramwell

Ignition Launches AI Price Insights to Use AI for Accounting Firm Pricing Strategies

Technology October 1, 2025 

Ignition Launches AI Price Insights to Use AI for Accounting Firm Pricing Strategies

AI-powered Price Insights are embedded directly into the Ignition proposal workflow, enabling firms to optimize pricing for services as they build client agreements.

Isaac M. O'Bannon

government-shutdown1

Taxes September 30, 2025 

Government Shutdown In Effect: Some Agencies to Close, But IRS to Stay Open, For Now

Under the plan, the Treasury Department would shift funding the IRS received from the Inflation Reduction Act into the taxing agency's operational budget.

Isaac M. O'Bannon

How Will the Government Shutdown Affect the Stock Market?

Advisory September 30, 2025 

How Will the Government Shutdown Affect the Stock Market?

U.S investors were cautious on Tuesday, with stock futures tied to the Dow, S&P, and Nasdaq all dipping slightly as the looming U.S. government shutdown dominated most news coverage and investor concerns.

Isaac M. O'Bannon

irs221

IRS September 30, 2025 

Treasury Department Lays Out IRS Contingency Plan as Shutdown Nears

If lawmakers can't agree to a last-minute deal to keep the federal government open beyond Tuesday evening, the plan says the IRS would tap into funding from the Inflation Reduction Act of 2022 to keep its entire workforce working for a period of five business days.

Jason Bramwell

FASB Aims to Update Guidance on Paid-in-Kind Dividends

Accounting September 30, 2025 

FASB Aims to Update Guidance on Paid-in-Kind Dividends

The Financial Accounting Standards Board is seeking comments on a proposed Accounting Standards Update that would provide guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

Jason Bramwell

Will Social Security Payments Go Out if There’s a Government Shutdown?

Payroll September 30, 2025 

Will Social Security Payments Go Out if There’s a Government Shutdown?

The Social Security Administration which oversees benefits for millions of Americans is not immune to the furloughs but beneficiaries will continue to be paid on time.

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