Featured Accounting News

As AI and global uncertainty heighten the finance function’s role, CFOs are looking for new technologies and more experienced professionals to staff their teams.

A new AICPA survey found that most Americans have some level of emergency savings, but the size and distribution of those reserves vary widely.

The Department of Education’s final “Reimagining and Improving Student Education” rule does not add to or change its narrow definition of degree programs deemed professional.

The Court of Federal Claims held in a recent case that a taxpayer’s refund claim filing deadline was automatically extended by Sec. 7508A(d)(1) due to the COVID-19 disaster declaration.

The IRS has announced a new process to help taxpayers who are disputing their disallowed ERC to request more time before their rights to a refund or to seek judicial review are gone.

A survey of small business owners finds that 74% are already using AI tools, with 58% saying AI has made them happier as business owners.

The Wisconsin Department of Revenue’s April 2026 tax bulletin details newly enacted tax laws, including updated tax credits, corrections to prior provisions and several new exemptions.

The House Financial Services Committee voted to remove domestic-owned companies from the beneficial ownership information reporting requirements of the Corporate Transparency Act.

FASB recently published new authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

Savings could be around the corner for CFOs who invest more of their budgets in technology upgrades, the results of a new survey suggest.

The key to generating value from artificial intelligence projects in finance is to scale them to full production, according to a new report.

The Treasury Department recently announced that the IRS will revise Form 990, which is used by tax-exempt organizations, to enhance transparency and combat fraud.

CPA firms that align location decisions with demand patterns, operational realities and long-term commitments grow with fewer disruptions.

The IRS has revised its frequently asked questions in Fact Sheet 2026-10 regarding educational assistance programs.

GASB is seeking feedback from stakeholders on whether it should consider changing the structure of how it communicates GAAP for state and local governments.

The IRS has launched a new online tool to help taxpayers understand and resolve tax debt.

More than 60% of workers 50 or older are actively withdrawing from retirement accounts to cover everyday expenses, according to a recent report.

According to a new Gallup poll, more American workers are integrating artificial intelligence into their jobs, yet skepticism about the technology persists.

Uncredentialed preparers of tax returns often produced returns containing basic errors, inflated deductions, and misapplied credits, an investigation during the 2025 filing season found.

The IRS and Treasury have finalized rules for the “no tax on tips” provision under the One Big Beautiful Bill Act, defining eligible occupations and what counts as “qualified tips.”