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News
Can AI ruin professional education?
2+ week, 4+ day ago (459+ words) is concerning is not the technology itself but how it is being used by students preparing for professional...The aforementioned student failed to consider that while she mastered topics such as ethics and professional...Students who spend excessive time exploring…...
ITR Filing Deadline Today: August 31 Is Last Date for Business, Professional Taxpayers; Check Who Must
2+ week, 13+ hour ago (827+ words) Individuals and other taxpayers with business or professional income who are not required to get their...crore ITRs had already been filed for AY 2026-27 and urged taxpayers with non-audit business or professional...different from the July 31 deadline that applied to…...
Why accounting firms should benchmark their hiring
6+ day, 20+ hour ago (805+ words) Internally, accounting firms benchmark their revenue per employee or productive hours against industry...After all, people are the most valuable assets you have at a professional services firm....One challenge with HR benchmarking is there isn't a wealth of published…...
M&A roundup: Hot start to September
1+ week, 5+ day ago (145+ words) Employees are working more hours per week at small businesses but are only seeing modest pay gains, according...Ernst & Young is investing $100 million to provide bonuses and incentives to its U.S. professionals who...
ITR Filing 2026: ITR-3 and ITR-4 Dos and Don'ts Before August 31 Deadline
3+ week, 5+ day ago (1346+ words) With the August 31, 2026, deadline for filing income tax returns for non-audit business and professional...A freelancer or specified professional may also be eligible for ITR-4 if the conditions of the presumptive...However, not everyone with business or professional income can…...
Will AI replace accounting firms in the small biz market?
2+ week, 6+ day ago (944+ words) Instead of manually investigating differences, AI can answer questions like: This can turn hours of analysis...If the team spends roughly 120 hours per month on financial reporting, 80 hours on reconciliations, 60...hours on variance analysis and 40 hours on board reporting, that's…...
Your clients' data belongs to your clients
3+ week, 4+ day ago (573+ words) Accountants spend their hours aggregating data instead of advising on it....Three commitments are worth advocating for: Full exportability as a professional standard: A business...
How to teach ownership
4+ day, 21+ hour ago (518+ words) Most seasoned accounting professionals know what ownership means in day-to-day work at their firms, but...CPA firm professionals need to be able to articulate what ownership is and what it isn't....This doesn't mean they get to miss deadlines or…...
On the move: CohnReznick names a new CFO
2+ day, 13+ hour ago (167+ words) The projected U.S. tax rates give tax professionals an early look at potential adjustments that could...
Paystand agents now generally available
5+ day, 18+ hour ago (163+ words) Internal Revenue Service employees avoided directly contacting taxpayers who were represented by tax professionals...