Accounting News

The Public Company Accounting Oversight Board imposed a $50,000 fine, revoked the firm’s registration and barred its partner.

The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and more.

Focusing on client relationships and satisfaction can lead to longer and more productive partnerships, directly impacting the firm’s revenue.

The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.

The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.

The first Secure Act was a “game-changer for IRAs and Roth IRAs,” according to a retirement expert. Here’s the compelling case for paying taxes sooner.

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.

Sax reaches $1 million milestone for annual charity run; Withum adds new ESG offering; and more news from across the profession.

Private equity firm Further Global has taken a minority stake in the Top 25 Firm.

The Governmental Accounting Standards Board’s Statement No. 104 requires separate disclosures for certain types of capital assets.

Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.

So far, around 150 federal disaster declarations have already been announced for 2024, involving 44 states, two territories, and half a dozen Native American tribes