Featured News
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IRS to expand Direct File free tax filing system
The IRS has announced plans to expand the Direct File free tax filing system, making it a permanent option for future tax seasons.
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US consumer confidence rises for first time in 4 months
U.S. consumer confidence unexpectedly improved in May, rising to 102.0 from 97.5 in April, according to The Conference Board.
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SEC clarifies intent of cybersecurity breach disclosure rules
The SEC says its cybersecurity breach reporting requirements are not intended for voluntary disclosure of “immaterial” incidents.
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AICPA makes recommendations for IRS priority guidance plan
The AICPA has made recommendations to the IRS on its 2024–2025 Priority Guidance Plan, including the corporate alternative minimum tax (AMT) and group exemption letters.
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Setting visionary goals for long-term success
When change is the only constant, having a strategic plan that adapts and evolves is crucial to your firm’s success.
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Report: Businesses off target on FP&A processes
A new report finds that businesses automate the wrong financial planning and analysis (FP&A) processes, leading to overextended staff and burnout.
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‘Shadow IT’ surge threatens corporate data, report says
New research finds workers are entering company data into personal “shadow AI” accounts that put the information at risk of exposure.
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IRS issues guidance for domestic content bonus credit
Recent guidance from the IRS and Treasury modifies an existing safe harbor and provides a new elective safe harbor for determining domestic content bonus credit amounts.
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Recent grads want to work in the office, report finds
A new analysis reveals that recent college graduates prefer to work more often in the office than workers in their 30s.
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Employers should include workers in AI plans, DOL says
The U.S. Department of Labor recommends employers include their workers in the use of artificial intelligence (AI) plans and procedures.