Featured News
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AICPA unveils new QM resources ahead of Dec. 15 deadline
The AICPA unveiled new quality management (QM) resources to help firms implement the new quality management standards by Monday, Dec. 15.
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Survey: CFOs warming up to use of cryptocurrency
A recent survey of finance chiefs finds a warming sentiment for using cryptocurrency to make investments or receive payments.
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Building a coaching culture in your firm
Coaching builds trust, improves performance and creates a workplace where people feel empowered, not just instructed.
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IRS: No changes to 2025 information returns, withholding tables
The IRS has announced that there will be no changes to certain information returns or withholding tables for tax year 2025 related to the new One Big Beautiful Bill Act.
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Using CAS to build better work-life balance
Accounting firms are increasingly using client accounting services (CAS) as a strategy for combating the profession’s ongoing talent crisis.
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AICPA presses for IRS guidance on domestic research costs in OBBBA
In a recent letter to the IRS and Treasury, the AICPA requested guidance regarding domestic research costs under the One Big Beautiful Bill Act (OBBBA).
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IRS updates corporate AMT interim guidance
Interim guidance recently issued by the IRS on the Sec. 55 corporate alternative minimum tax (AMT) contains several changes that the AICPA recommended.
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WBA issues warning of increased bank fraud
The Wisconsin Bankers Association (WBA) is warning Wisconsinites of increased bank fraud and encourages taxpayers to continue their efforts to spot personal data scams.
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Report: AI expected to boost entertainment, media growth
Growing use of artificial intelligence (AI) in advertising is expected to boost the global entertainment and media industry's revenue to $3.5 trillion by 2029, according to PwC.
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FASB updates guidance on measurement of credit losses
The FASB recently issued guidance on the measurement of credit losses for accounts receivable and contract assets in response to feedback from private company stakeholders.