Featured News
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Survey: Most finance leaders trust audit firms that leverage AI tools
Nearly all (97%) of finance leaders in a recent survey said they are willing to pay more to partner with audit firms that leverage advanced technologies.
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FASB takes up new crypto transfers project
The FASB recently added a project to its technical agenda focused on the accounting for cryptocurrency asset transfers.
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AICPA opposes proposed merger of IRS offices
In a letter to IRS officials, the AICPA warned that the proposed merger of two different offices would confuse taxpayers.
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IRS keeps interest rates the same for Q1 of 2026
Interest rates for tax underpayments and overpayments will stay the same for the first calendar quarter of 2026.
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Firm research report finds widening gap between AI vision, execution
A new research report found that 83% of audit leaders say their firms’ vision for artificial intelligence potential doesn’t consistently translate into practice.
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IRS sets 2026 401(k) contribution limits, raises savings cap
The IRS recently announced that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.
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Survey: 59% of US employees use unapproved AI tools for work
A survey of more than 1,000 employees in the U.S. found that 59% use shadow AI — artificial intelligence tools that haven’t been formally approved by their companies — to get the job done.
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Report: SaaS companies struggle against slowdown in revenue gains
The software-as-a-service sector, which had experienced a vibrant 21% annual revenue growth just a few years ago, saw that metric sink to 12% in 2024, according to a new report from BDO.
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Fed survey: Concerns about AI on the rise
The Federal Reserve’s biannual Financial Stability Report found that acute concerns about artificial intelligence are on the rise.
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Global survey finds strategies common among high-growth firms
A global survey of tax and accounting professionals at firms of all sizes revealed six common strategies among high-growth firms.