Featured Accounting News

The AICPA recently urged the IRS and Treasury to automatically enroll eligible children in the new Trump accounts and deposit the corresponding $1,000 seed contribution.

A new global report found that most companies committed to AI tools believe they have a strategic advantage, but they also have more risks to consider.

The IRS launched a new webpage that allows taxpayers to confidentially report suspected tax fraud, scams, evasion or other tax-related illegal activities.

A recent survey found that fewer taxpayers say they would consider trusting artificial intelligence (AI) over hiring a tax professional to file their taxes this year compared with 2025.

Numbers released on Tuesday by the Federal Deposit Insurance Corporation show Wisconsin banks had a strong fourth quarter in 2025, with numbers better than nearly all national averages.

The IRS and Treasury have issued interim guidance in Notice 2026-16 regarding a special depreciation allowance for qualified production property under the One Big Beautiful Bill Act.

In a letter to Treasury, the AICPA urged the IRS to issue guidance regarding the capitalization and amortization of domestic R&E expenditures through modifications to Rev. Proc. 2025-28.

Finance leaders are poised to limit pay and headcount increases throughout 2026 while expanding investment in AI and other technologies, according to a recent survey.

The average direct-deposit tax refund amount is up 11% this year compared with the same span in 2025, the IRS said in a recent news release.

A recent survey of M&A executives found that business leaders are likely to “revisit foundational strategic assumptions” and make “bigger, bolder decisions” about their assets.

Widening skills gaps and increasing hiring complexity continue to be issues hiring managers are facing in the early stages of 2026, according to new research from Robert Half.

Joining a fast-growing majority of states, Wisconsin lawmakers recently passed legislation offering an alternative path to becoming a CPA that doesn’t require 150 college credit hours.

The AICPA is urging the IRS and Treasury to modify the “determine and document” requirement in in transition guidance tied to Sec. 951(a)(2)(B) under H.R. 1.

About one in 10 CEOs at Fortune 500s and S&P 500 firms came directly from the finance chief seat last year, according to a new research report.

The IRS is enhancing the online Tax Pro Account, allowing firms to designate staff authorized to act under the Centralized Authorization File (CAF) access.

The IRS and Treasury recently released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.

The AICPA has expressed support for the newly introduced Accounting STEM Pursuit Act, which would establish the accounting profession as a STEM career pathway.

The AICPA’s new Profession Ready Initiative aims to help early-career CPAs develop the skills they need to succeed in an increasingly AI-driven marketplace.

The IRS recently updated its qualifications for Simple Payment Plans, previously known as streamlined installment agreements, to now include business taxpayers.

A recent notice of proposed rulemaking clarified the Department of Education’s proposed definition of professional degrees for the purposes of graduate student loan limits.