Victims of the storms and mudslides now have until Feb. 2 to file and pay many of their taxes, thanks to the IRS.
Day: August 26, 2025
IRS drafts new W-2 for tips and overtime
The Internal Revenue Service has released a draft version of the 2026 Form W-2, Wage and Tax Statement, with new fields for the exemptions on tips and overtime.
CFOs grow cautious on finance and accounting hiring
CFOs and corporate controllers aren’t as concerned anymore about accountant shortages and are dialing back their hiring plans.
OBBBA opens a new era in tax policy
The One Big Beautiful Bill Act is one of the most significant tax reforms since the Tax Cuts and Jobs Act of 2017.
PCAOB forms Smaller Firm Resource Group
The Public Company Accounting Oversight Board formed an advisory group of professionals from smaller audit firms.