Accounting News

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

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.

Accounting controls stand out as an often-overlooked domain—straightforward to implement and highly impactful for improving business resilience and continuity.

Rev. Proc. 2025-23 updates the list of ‘automatic procedures’ for changes in methods of accounting.

Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump’s campaign promises.

Plante Moran merges in Tonneson; Sax acquires Sewald & Anastasia; and GHJ adds Hacker Douglas.

Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.

Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMG’s 2025 Futures Report found.

The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief.

The reports harness artificial intelligence to analyze full tax returns to glean tax strategies and missed opportunities.

Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana

The Finance Committee intends to propose revised tax and health-care provisions this week.

Midsized CPA firms can leverage algorithms for operational excellence across multiple service lines and functions.

The recent announcement of the CIMA/CGMA 2026 syllabus has made it unmistakably clear: Merely knowing how to post journal entries is insufficient.

Jody Padar and Katie Tolin debuted a training and technology platform, in partnership with the Pennsylvania Institute of CPAs and CPA Crossings.