The Senate passed a federal disaster tax relief bill, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, by unanimous consent after a hold was lifted.
Day: August 12, 2026
Xero announces native payroll solution
Xero Payroll completes the trifecta of accounting, payments and payroll that is key to the company’s 3×3 strategy.
Fieldguide debuts Field Financials and Fieldguide MCP
Fieldguide added new financial audit capacities to handle drafting, reviews and disclosures plus a way to connect with other AI models directly.
LCvista acquires CPA QualityPro
CPE compliance solutions provider LCvista bought CPA license management solutions provider CPA QualityPro, combining CPE, learning, licensure and mobility.
IRS provides guidance on retirement plan rollovers
The Internal Revenue Service and the Treasury Department offered guidance on rollovers between retirement plans and individual retirement accounts.