Day: March 12, 2025

The meeting, scheduled for Thursday at the White House, will be the first sit-down between the Senate tax panel and Trump since he took office again.

A bipartisan group has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

The PCAOB sanctioned a former BF Borgers partner for audit failures and violating partner rotation limits, and PwC Singapore for violating rules and quality control standards.

Plus, agentic AI as a cybersecurity threat, and seven other tech developments and how they’ll impact your clients and your firm.