The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Board’s duties if the tax bill passes.
Day: June 11, 2025
Optimism declines among accountants
U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.
Republican senators consider $30K SALT cap in Trump tax bill
A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House’s version of the bill.
Bookkeeping now fully automated, tax compliance not far behind
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.
Solid accounting practices are fundamental to business resilience
Accounting controls stand out as an often-overlooked domain—straightforward to implement and highly impactful for improving business resilience and continuity.