Rev. Proc. 2025-23 updates the list of ‘automatic procedures’ for changes in methods of accounting.
Day: June 10, 2025
Senate plans to deliver Trump-backed tip, overtime tax breaks
Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump’s campaign promises.
M&A roundup: Plante Moran, Sax and GHJ expand
Plante Moran merges in Tonneson; Sax acquires Sewald & Anastasia; and GHJ adds Hacker Douglas.
In the blogs: Making choices
Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.
Climate risk could slash earnings 7% by 2035
Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMG’s 2025 Futures Report found.
Koziel: There’s more upside than downside for accountants
The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief.