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Latest News & Web Pages
A modern operating model for firms
5+ day, 1+ hour ago (798+ words) Accounting firm profitability has long been defined by a simple formula: a third of revenue goes to staff, a third to infrastructure, and a third becomes profit. This "rule of thirds" was the north star used to gauge lean, healthy…...
The retirement opportunity accountants can't afford to miss
2+ day, 18+ hour ago (1017+ 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…...
IRS has spent 61% of its IRA funding
2+ week, 3+ day ago (325+ words) Of the roughly $26 billion left to the Internal Revenue Service from the money allotted to it by the Inflation Reduction Act, the agency has spent almost two-thirds, according to a new study. The report by the Treasury Inspector General for…...
Goldman Sachs is set to report first-quarter earnings " here's what Wall Street expects
14+ hour, 28+ min ago (186+ words) Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here's what Wall Street expects: Goldman Sachs is set up to benefit from several trends during the first quarter. Trading desks across Wall Street have been busy…...
13 issues worrying firm leaders
1+ day, 13+ hour ago (222+ words) The accounting profession is changing faster than ever, and firm leaders are scrambling to keep up." When asked to identify the biggest issues they see facing the profession, senior executives from Accounting Today's 2026 Top 100 Firms named a wide range of…...
How bond market's private credit crisis fears are playing out in fixed-income ETFs
2+ day, 4+ hour ago (512+ words) Fears of a private credit crisis are rising as firms at the heart of the growing, but less liquid and less transparent, bond market face investor redemptions. That stress test has arrived just as private loans became more prevalent in…...
CAQ, Deloitte gauge audit committee priorities
2+ day, 17+ hour 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
2+ day, 18+ hour ago (354+ 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
2+ day, 23+ hour ago (604+ 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…...
Tech news: Intuit, Gusto both tout Claude integrations
2+ day, 21+ hour 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…...