News
13 issues worrying firm leaders
1+ hour, 33+ min 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…...
CAQ, Deloitte gauge audit committee priorities
1+ day, 5+ 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
1+ day, 6+ hour ago (261+ 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
1+ day, 11+ hour ago (585+ 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…...
The retirement opportunity accountants can't afford to miss
1+ day, 6+ hour ago (972+ 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…...
Tech news: Intuit, Gusto both tout Claude integrations
1+ day, 9+ 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…...
Gibson Dunn partner takes top enforcement role at SEC
1+ day, 11+ hour ago (486+ words) A former Securities and Exchange Commission official will return to the agency next month to take the top enforcement job following the sudden resignation of the previous director." David Woodcock, a partner at law firm Gibson Dunn & Crutcher, will start…...
Evaluating AI vendors? Start with these 4 criteria
1+ day, 13+ hour ago (319+ words) If your firm has started exploring AI and feels overwhelmed by the number of vendors" promising to transform your practice, you are not alone. Over the past year, my team" and I have evaluated somewhere between 100 and 200 AI vendors " each…...
The value gap between internal succession and external transactions
1+ day, 13+ hour ago (370+ words) We have a quantifiable problem. It is creating a problem for some, opportunity for others, and confusion for those remaining. There is a massive value gap with an internal succession versus an external transaction, and the gap is uncomfortably alarming…...
On the move: PICPA hosts its 129th annual meeting
1+ day, 11+ hour ago (111+ words) Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names a new office MP in Dallas, and more. Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases. Ideagen Audit…...