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Latest News & Web Pages
Weaver acquires SaaS provider
9+ hour, 16+ min ago (349+ words) Top 50 Firm Weaver acquired Mass Ingenuity, a Portland, Oregon-based software-as-a-service company, effective April 1." Weaver is acquiring Mass Ingenuity's enterprise performance management platform and its related intellectual property. The deal expands Weaver's consulting capabilities as it services both the public and…...
Designing an AI-ready accounting function
13+ hour, 16+ min ago (849+ words) As artificial intelligence rapidly reshapes the finance landscape, accounting leaders face a pivotal moment." The path forward is clear: Accounting functions must become AI-ready, moving beyond incremental automation to a future state where technology and talent work seamlessly together. For…...
IRS telework plunged after Trump return-to-office mandate
8+ hour, 53+ min ago (443+ words) The percentage of Internal Revenue Service employees who work from home plummeted from 65% to 25% last year after President Trump ordered federal employees to return to in-person work, according to a new report. "According to IRS officials, there are several reasons…...
IRS offers guidance on nominating opportunity zone tracts
14+ hour, 41+ min ago (262+ words) The Internal Revenue Service and the Treasury Department are providing guidance on how states, territories and the District of Columbia can nominate census tracts to be designated as qualified opportunity zones under the One Big Beautiful Bill Act. Revenue Procedure…...
Wisconsin licensure law goes into effect
16+ hour, 9+ min ago (293+ words) Wisconsin Governor Tony Evers signed a bill into law on April 3, establishing an additional pathway to CPA licensure." The law, which has now taken effect, allows candidates to qualify for their CPA license with a bachelor's degree, two years of…...
Upstart Wall Street research firm says it sent an analyst to Strait of Hormuz. Here’s what they learned
15+ hour, 39+ min ago (326+ words) As the world's oil traders parsed satellite images and official statements for clues on the fate of the Strait of Hormuz, one research firm seems to have taken a different approach: It claims that it sent an analyst directly into…...
FASB adds research project on data infrastructure and private credit
15+ hour, 21+ min ago (211+ words) The Financial Accounting Standards Board has added a new project to its research agenda to study current trends and emerging issues in areas such as data infrastructure investments and nontraditional lending, including the private credit market, which has recently come…...
IRS extends Business Tax Accounts to partnerships, nonprofits and government entities
10+ hour, 1+ min ago (305+ words) The Internal Revenue Service has expanded its Business Tax Accounts, offering the online self-service platform now for partnerships, tax-exempt organizations, and federal, state, local and Indian tribal governments. "By opening the Business Tax Account to partnerships, tax-exempts and other organizations,…...
Tax season is a reminder that email is also a compliance channel
14+ hour, 14+ min ago (833+ words) We are in the throes of tax season, one of the busiest times of year for accountants and financial professionals, and one of the most sensitive when it comes to data. The IRS expects more than 164 million Americans to file…...
Robinhood, BNY Mellon tapped to run Trump accounts for children
14+ hour, 14+ min ago (347+ words) Bank of New York Mellon Corp. and Robinhood Markets Inc. will help manage the "Trump accounts" created for children as part of the One Big Beautiful Bill Act last year. BNY will manage the initial accounts and help develop an…...