Featured Accounting News

The AICPA recently updated an auditing standard designed to modernize how practitioners obtain and evaluate audit evidence from external sources.

The IRS has announced the terms of a new settlement opportunity for certain taxpayers involved in conservation easement disputes with the agency.

New research reveals 48% of employees incorrectly identify AI-generated workplace messages, with 74% confident in their wrong answers.

The IRS and Treasury have introduced temporary regulations regarding the recovery of federal excise tax on dyed fuel under the One Big Beautiful Bill Act.

The AICPA is urging the IRS and Treasury to provide guidance regarding Section 4960 of the tax code that imposes an excise tax on applicable tax-exempt organizations.

A new national survey of hiring managers found that 73% of them use artificial intelligence in their hiring decisions.

Taxpayers and practitioners are unsure whether the CP53E notices they received in the mail are scams or sent in error, a confusion heightened by the inclusion of a QR code.

The IRS recently issued guidance on the establishment of a program for rulings on significant issues to allow taxpayers to request rulings on several significant issues.

The IRS is set to offer limited-time settlements for taxpayers involved in syndicated conservation easement cases.

The SEC recently proposed changes that would allow public companies to switch from quarterly to semiannual reporting.

The AICPA is encouraging the Office of the Comptroller of the Currency to incorporate its stablecoin criteria into rulemaking under the GENIUS Act.

As AI and global uncertainty heighten the finance function’s role, CFOs are looking for new technologies and more experienced professionals to staff their teams.

A new AICPA survey found that most Americans have some level of emergency savings, but the size and distribution of those reserves vary widely.

The Department of Education’s final “Reimagining and Improving Student Education” rule does not add to or change its narrow definition of degree programs deemed professional.

The Court of Federal Claims held in a recent case that a taxpayer’s refund claim filing deadline was automatically extended by Sec. 7508A(d)(1) due to the COVID-19 disaster declaration.

The IRS has announced a new process to help taxpayers who are disputing their disallowed ERC to request more time before their rights to a refund or to seek judicial review are gone.

A survey of small business owners finds that 74% are already using AI tools, with 58% saying AI has made them happier as business owners.

The Wisconsin Department of Revenue’s April 2026 tax bulletin details newly enacted tax laws, including updated tax credits, corrections to prior provisions and several new exemptions.

The House Financial Services Committee voted to remove domestic-owned companies from the beneficial ownership information reporting requirements of the Corporate Transparency Act.

FASB recently published new authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.