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Latest News & Web Pages
The research firm whose AI paper knocked the whole stock market is out with another big call
1+ hour, 48+ min ago (425+ words) Citrini Research, the firm that rattled markets earlier this year with a provocative bearish call on artificial intelligence, is out with another warning " this time arguing an oil-driven slowdown could send equities lower. Founder James van Geelen said persistently high…...
The 10 best states for taxes
3+ hour, 12+ min ago (280+ words) What does it cost to live in your state? Much as the price of rent, food, gas and more can vary widely from state to state in the U.S., so to does the tax burden, with a gap of almost 10 percentage…...
Accounting jobs requiring AI skills jump 67%
3+ hour, 27+ min ago (200+ words) One thing that has not changed is that accountants need to know how to use Excel. The poll found 82% of accountant jobs specifically listed Excel in their ads, the exact same proportion as last year, as did 75% of controller job…...
Former SEC chair Jay Clayton says regulators would scrutinize trading ahead of Trump post
4+ hour, 39+ min ago (241+ words) Jay Clayton said regulators would likely examine the unusual burst of trading activity early Monday that preceded a market-moving social media post from President Donald Trump. "Any move like that in advance of any announcement, the regulators are going to…...
Best Firms for Tech deadline extended
9+ min ago (173+ words) Due to greater-than-expected interest, Accounting Today has moved the submission deadline for its 2025 Best Firms for Technology survey from today until the end of the day Friday, April 3. To participate, firms must complete the Best Firms for Tech submission form,…...
What exactly is independence for accounting firms?
46+ min ago (427+ words) What exactly is independence?" The term is freely tossed around, but when you get down to it, independence seems to now be a statement against joining any private equity-funded firm." A core fear of PE is loss of control. The…...
In the blogs: Take the high road
22+ hour, 36+ min ago (166+ words) Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers. Take the high road" Time to move on The IRS has been examining only a tiny fraction of tax filings from large partnerships due to…...
IRS cut back on large partnership audits
15+ hour, 34+ min ago (249+ words) The Internal Revenue Service has been examining only a tiny fraction of tax filings from large partnership filings due to staffing shortages and other resource constraints for auditing the complex returns, according to a new report. The TIGTA report noted…...
AI driving firms, clients to revisit pricing models
22+ hour, 17+ min ago (416+ words) A majority of accounting firms say they are changing their messaging around pricing as clients increasingly question their cost models in the age of AI efficiencies." This is according to a recent survey from professional services training company General Assembly,…...
Over 1.4M taxpayers now facing tax refund delays
18+ hour, 48+ min ago (394+ words) Approximately 1.4 million taxpayers have received notices from the Internal Revenue Service that their tax refunds are being delayed because the IRS wants direct deposit information instead of sending out paper checks. The number is growing by 300,000 each week, according to…...