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The 2025 Top 100 People: Times a-changin'
53+ min ago (200+ words) The accounting profession has not only weathered major changes throughout its existence, it has experienced the most seismic shifts in recent years. Given the rapid pace of transformation, we asked this year's Top 100 Most Influential people: "What has been the…...
2025 Top 100 People extra: Seismic shifts
53+ min ago (1692+ words) As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What has been the most important change in accounting during your career?" The full responses of all the candidates are below. (The full T100 list is available'here. And…...
AI Thought Leaders Survey 2026: Process Predictions
1+ hour, 5+ min ago (472+ words) Beyond the data itself, experts also believe that AI this year will increasingly handle other preparatory work such as preparing disclosure checklists, mapping access and configurations," requesting documents, or even setting up meetings." Another point raised by Sergio de la…...
IRS updates Premium Tax Credit FAQs
8+ hour, 9+ min ago (161+ words) Frequently asked questions in'IRS'Fact Sheet 2025-10'have been updated reflecting changes to the Premium Tax Credit made under the One Big Beautiful Bill Act to provisions that no longer apply. The revisions and additions: The Association of Chartered Certified Accountants will…...
Help clients take advantage of new opportunity zone tax advantages
8+ hour, 24+ min ago (562+ words) The federal opportunity zone program was designed to stimulate private investment in low-income communities and businesses by offering significant tax benefits to investors who reinvest capital gains into qualified opportunity funds." Here is just a partial list of major entertainment…...
Tax season ahead: Countdown to the kickoff
8+ hour, 39+ min ago (967+ words) Now throw into the mix delays in updating federal forms, schemas (digital instructions that tell tax software exactly how a tax return must be formatted to be accepted electronically), and instructions that cascade into delays at the state level, further…...
IRS-CI helped catch Brown University killer
20+ hour, 56+ min ago (283+ words) Agents with the Internal Revenue Service's Criminal Investigation unit reportedly helped track down the shooter who terrorized Brown University in Providence, Rhode Island, killing two students and wounding nine others, and killing a Massachusetts Institute of Technology professor two days…...
Standard business mileage rate to go up
1+ day, 4+ min ago (288+ words) The optional standard mileage rate for business use of automobiles will increase 2.5 cents next year, while the mileage rate for vehicles used for medical purposes will decrease half a cent, the IRS announced. According to IRS Notice 2026-10, beginning Jan. 1, the…...
AICPA proposes new rules for alternative practice structures
1+ day, 7+ min ago (315+ words) The American Institute of CPAs has proposed a set of revisions to its Code of Professional Conduct regarding the kinds of alternative practice structures set up by firms that have accepted private equity investment. The proposed revisions include changes in…...
CFOs should protect growth gains from hidden costs
1+ day, 2+ hour ago (382+ words) While CFOs focus on external growth threats " supply chain costs, competitive pressure, talent shortages " a more insidious drain often operates undetected within their own finance departments. As organizations get more complex, with new systems and merged systems coming together, finance…...