3+ hour, 24+ min ago  (1164+ words) Denver: Four Colorado residents were convicted of conspiracy to defraud the U. S. for their roles in an abusive trust tax evasion scheme that caused approximately $40 million in losses. Marcia Predmore, Roderick Prescott, Suzanne Thompson and Weldon Wulstein promoted an illegal "layered…...

9+ hour, 6+ min ago  (745+ words) Here's something that's always puzzled me about the cautious, analytical people who tend to run accounting firms: They will spend months selecting a $100, 000 piece of equipment or agonizing'over a $3, 000 per month software subscription. Yet they'll be pretty casual about hiring…...

1+ day, 11+ hour ago  (208+ words) Top 10 Firm Baker Tilly today announced it will acquire Top 100 Firm Anchin, Block & Anchin, and will move its headquarters from Chicago to New York City. Russell Shinsky, managing partner of Anchin, will serve as Baker Tilly's New York managing principal…...

2+ day, 12+ hour ago  (215+ words) The number of tax practitioners using AI for research has nearly doubled in just a year, which is increasingly leading them to explore alternative billing models." Of these, 25% have access to Tax GPT, 22% have access to Blue J, and 17% have…...

3+ day, 12+ hour ago  (239+ words) Audit and advisory solutions provider Fieldguide announced the launch of Field Orchestrator, touted as a long-horizon agent capable of completing substantive testing workflows." While the specific definition can vary, in general a long-horizon agent can be described as an AI…...

3+ day, 12+ hour ago  (727+ words) Public accounting has its own version of this story. None of that reduces ambition. It reduces available capacity, and firms often mistake the two. And now those same professionals are being asked to absorb yet another major shift, as AI…...

3+ day, 13+ hour ago  (744+ words) By the time 2040 rolls around, you may not recognize the work accountants are doing, how they're doing it, or how they prepare for and manage their careers, according to a major new report from the AICPA and CIMA. Built on…...

6+ day, 4+ hour ago  (253+ words) Corporate restatements dropped by almost a fifth (18%) in 2025, according to a new report, continuing a long-term trend of decreases. At 391, last year had the second-lowest number of restatements in the past 20 years, according to Ideagen Audit Analytics' new "Financial Restatements…...

6+ day, 9+ hour ago  (155+ words) Convergence Coaching announced the graduates of its 2025-26 Transformational Leadership Program; Weaver and Wipfli named a number of new partners; RSM marked its 100th anniversary; Eric Allen took the helm at Boulay; and other firm and personnel news from across the profession....

6+ day, 11+ hour ago  (337+ words) It's not very scientific but it certainly is revealing: Anytime I get a rash of inquiries on one subject over a short period of time, I know a hot topic is brewing. This year has been dubbed "The Year of…...