Featured News
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MAP Survey finds CPA firm starting pay on the rise
Results from the 2025 MAP Survey found that CPA firms are boosting compensation for new graduates.
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MAP Survey: CPA firms report steady growth in revenue, profit
Accounting firms across the country are reporting strong revenue growth and continued increases in staff compensation at all levels, according to results from the AICPA’s 2025 MAP Survey.
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US small business optimism on the rise, survey finds
Sentiment among U.S. small businesses edged higher in August, the National Federation of Independent Business (NFIB) reported on Tuesday, Sept. 9.
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IRS issues warning on social media tax fraud schemes
The IRS is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of tax credits.
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AICPA seeks guidance on global minimum tax framework
The AICPA has formally requested guidance regarding the implementation of the Pillar Two framework, which is part of the recent G7 agreement on a Global Minimum Tax.
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ICPAS releases accounting talent readiness report
New research from the Illinois CPA Society (ICPAS) reveals a readiness divide between early-career professionals and managers, with growing skills gaps fueling generational friction.
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Treasury posts preliminary list of jobs eligible for no tax on tips
Treasury recently posted a preliminary list of occupations that customarily and regularly receive tips for purposes of the “no tax on tips” provision of the One Big Beautiful Bill Act.
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Fed’s Beige Book shows minimal economic growth
U.S. economic activity saw “little or no change” across most of the country in recent weeks, according to a new Federal Reserve report.
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AICPA updates digital assets practice aid
The AICPA recently updated its digital assets practice aid to assist practitioners with scenarios involving crypto lending and borrowing.
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US consumer spending shows resilience despite inflation
U.S. consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation.