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Latest News & Web Pages
Private sector added 22K jobs in January
54+ min ago (438+ words) Private sector employment grew by 22,000 jobs in the first month of the year, despite steep job losses in the professional and business services sector, payroll giant ADP reported Wednesday," The professional and business services sector, which includes accounting and tax…...
Tax Strategy: Proposed regs on the car loan interest deduction
1+ hour, 15+ min ago (539+ words) On Dec. 31, 2025, the Internal Revenue Service issued Information Release 2025-129 promulgating proposed regulations on the new car loan interest deduction. The proposed regulations expand on Notice 2025-57, issued on Oct. 21, 2025. The deduction is to be claimed on Schedule 1-A of Form 1040. It…...
A big year for AI in accounting
1+ hour, 45+ min ago (642+ words) As talent shortages continue to challenge accounting firms, especially midsized and large ones, leaders are increasingly turning to automation and artificial intelligence to not only fill gaps but to expand capacity without growing headcount " something that is already having dramatic…...
IRS proposes rules for clean fuel production tax credit
19+ hour, 51+ min ago (238+ words) The Internal Revenue Service and the Treasury Department released proposed regulations Tuesday on the clean fuel production credit under the One Big Beautiful Bill Act to help domestic producers of clean transportation fuels such as biodiesel. The clean fuel production…...
Schneider Downs shifts to single CEO model
22+ hour, 11+ min ago (302+ words) Schneider Downs announced it will transition to a single CEO, effective July 1, 2026. The Top 75 Firm named Adam Goode, its practice unit leader of consulting, as the next chief executive. Goode will succeed co-CEOs Steven Thompson and Chris McElroy, whose terms…...
Boomer's Blueprint: The 4-attribute system transforming CPA firms
1+ day, 45+ min ago (1484+ words) Several dangers are already visible: The good news is you don't need to change everyone or chase every new application or product. You need a system that focuses people on their strengths and surrounds them with the right support. Why…...
Armanino adds Step Up Consulting
1+ day, 57+ min ago (184+ words) Armanino added Step Up Consulting, a UKG partner, to its Human Capital Management technology practice on Monday. The deal brings the Top 25 Firm into the UKG software ecosystem and strengthens its enterprise technology offerings for small and midsized businesses, which…...
Budget 2026 Simplifies Provident Fund Rules And Expands TDS Reforms
1+ day, 8+ hour ago (303+ words) Budget 2026 Proposal On Provident Fund And TDS Changes Explained: The Union Budget 2026 has proposed a set of structural reforms aimed at simplifying provident fund taxation, easing employer compliance, and rationalising tax deduction at source (TDS) provisions. One of the key…...
Running a firm? Get a system — any system
1+ day, 17+ hour ago (358+ words) Overnight success sometimes happens by accident, but long-term success never does. It requires structure and discipline, a single direction, discipline, clear goals, structure, a unified team, discipline, accountability, and structure " but above all, it requires discipline and structure. What matters…...
Fieldguide announces $75 million in new funding
1+ day, 17+ hour ago (316+ words) Audit AI solutions provider Fieldguide announced a $75 million Series C led by Growth Equity at Goldman Sachs Alternatives, with participation from new investor, Geodesic, and existing investors Bessemer Venture Partners, 8VC, and Thomson Reuters. The financing brings Fieldguide's total funding to…...