Featured News
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Digital transformation emerges as a top priority in CFO survey
Deloitte’s 2025 fourth-quarter survey of CFOs found that 50% of respondents named digital transformation of finance among their top three priorities for 2026.
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AICPA updates stablecoin reporting criteria
A new section in the AICPA’s stablecoin criteria provides issuers and practitioners with control objectives for stablecoin operations.
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SEC proposes amendments to small entity definitions
The SEC has proposed amendments to the rules that define which registered investment companies, investment advisers and business development companies qualify as small entities.
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Proposed regulations would reflect changes to Sec. 3406 backup withholding threshold
Recently proposed regulations from the IRS reflect changes to the Sec. 3406 backup withholding threshold made by H.R. 1, commonly known as the One Big Beautiful Bill Act.
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AICPA urges IRS to automate disaster relief
The AICPA is urging the IRS to implement an automated system for processing Sec. 1033 replacement period extension requests for taxpayers affected by federally declared disasters.
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Tax season kicks off early for businesses
The IRS said it will begin accepting business tax returns on Tuesday, Jan. 13, at 8 a.m. CST.
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IRS announces first day of 2026 filing season
The IRS recently announced that the 2026 filing season for individual tax returns will start on Monday, Jan. 26.
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Report: AI tools reshaping accounting careers
A recent study from Stanford University reveals that early-career positions in AI-exposed fields, particularly accounting, have dropped by 13% since 2022.
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AICPA asks IRS for guidance on CAMT application
The AICPA has called on the IRS to provide clearer guidance on the application of the corporate alternative minimum tax (CAMT) to partnerships and their partners.
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Business standard mileage rate increases for 2026
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025.