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Latest News & Web Pages
CAQ, Deloitte gauge audit committee priorities
11+ hour, 47+ min ago (374+ words) The Center for Audit Quality and Deloitte have released a new report on audit committee effectiveness and priorities." The report draws on conversations with 27 audit committee chairs and members who participated in a survey last year for the 2025 Audit Committee…...
IRS proposes remittance transfer tax rules
12+ hour, 40+ min ago (261+ words) The Internal Revenue Service and the Treasury Department released a set of proposed regulations Friday on a new excise tax under the One Big Beautiful Bill Act that would impose new costs on remittances sent by immigrant workers to their…...
IRS finalizes list of jobs entitled to deduct tips
17+ hour, 50+ min ago (585+ words) The Internal Revenue Service and the Treasury Department released final regulations Friday on the new tax deduction for tipped employees under the One Big Beautiful Bill Act, finalizing the list of occupations entitled to claim the deduction in the waning…...
The retirement opportunity accountants can't afford to miss
12+ hour, 42+ min ago (972+ words) Something big is happening in the American retirement landscape, and small businesses are right in the middle of it." Recent research from Gusto shows a dramatic shift: The share of small businesses offering an active retirement plan increased from fewer…...
Tech news: Intuit, Gusto both tout Claude integrations
15+ hour, 57+ min ago (116+ words) Intuit, Gusto both tout Claude integrations; Oracle premiers Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates. Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names…...
Michael Burry says he's still betting against Palantir after Trump post boosts stock
21+ hour, 8+ min ago (299+ words) Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the "Big Short" fame said in a Substack post Friday that he continues…...
Gibson Dunn partner takes top enforcement role at SEC
17+ hour, 48+ min ago (486+ words) A former Securities and Exchange Commission official will return to the agency next month to take the top enforcement job following the sudden resignation of the previous director." David Woodcock, a partner at law firm Gibson Dunn & Crutcher, will start…...
Evaluating AI vendors? Start with these 4 criteria
20+ hour, 7+ min ago (319+ words) If your firm has started exploring AI and feels overwhelmed by the number of vendors" promising to transform your practice, you are not alone. Over the past year, my team" and I have evaluated somewhere between 100 and 200 AI vendors " each…...
The value gap between internal succession and external transactions
19+ hour, 37+ min ago (370+ words) We have a quantifiable problem. It is creating a problem for some, opportunity for others, and confusion for those remaining. There is a massive value gap with an internal succession versus an external transaction, and the gap is uncomfortably alarming…...
On the move: PICPA hosts its 129th annual meeting
17+ hour, 48+ min ago (111+ words) Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names a new office MP in Dallas, and more. Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases. Ideagen Audit…...