The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.
CPAs handle an influx of sensitive financial information and personal information during tax season, making them an attractive target for cybercriminals.
Employers added 143,000 jobs last month, including 600 in accounting, tax preparation and payroll services, the Bureau of Labor Statistics reported.
Bessent said the Internal Revenue Service would be largely spared from DOGE’s cost-cutting — at least until after the April 15 filing deadline.
While AI agents are not quite ready for prime time, they are here and slowly but surely changing the accounting profession.
Startup shut down; healthy, wealthy and crooked; won’t ever stand the strain; and other highlights of recent tax cases.
If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership
The Florida Institute of CPAs gathered over 100 CPAs in Tallahassee to advocate for legislative priorities like innovative pathways to CPA licensure.
Oracle NetSuite announced NetSuite SuiteSuccess Anything-as-a-Service (XaaS) Edition, aimed at businesses with both product and service components.
NetSuite said it has moved its suite with all its data into an AI-driven self-maintaining database, part of parent company Oracle’s cloud infrastructure.
NetSuite, during its SuiteConnect event in Manhattan, announced agentic AI enhancements to its solutions, and plans to roll out more in the future.
IRS employees received an email Wednesday advising them that workers in “critical filing season positions” must work until mid-May.
Debra Taylor is spearheading a new program entailing education for financial advisors, guides for clients and technology integrations.
The Institute of Internal Auditors released the first in a series of topical requirements planned for this year, starting with cybersecurity.
The private equity-backed accounting firm added McGee, Hearn & Paiz in Cheyenne, Wyoming, to expand its Western geographic footprint.
