Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Financial Reporting March 6, 2025
AICPA Says BOI Enforcement Freeze is Good Step, But Wants Clarification
The AICPA awaits the release of additional details later this month but believes that Treasury is headed in the right direction with this decision.
Payroll March 6, 2025
U.S. Jobless Claims Fall, Allaying Concerns About Labor Market
Applications for unemployment benefits dropped last week and returned to muted levels seen at the start of the year, offering some relief after other reports pointed to worsening labor-market conditions.
Accounting March 6, 2025
Lili Connect Expands Internationally
Through Lili Connect, corporate formation services partners can now offer their customers streamlined banking, accounting, and tax preparation solutions.
Auditing March 6, 2025
The Institute of Internal Auditors Opens Third-Party Topical Requirement for Public Comment
The Topical Requirements are a key element of The IIA’s broader International Professional Practices Framework, alongside the Global Internal Audit Standards and Global Guidance.
Small Business March 6, 2025
Business Execs’ Outlook on U.S. Economy Fades Amid Tariff and Inflation Worries
The shift reflects growing concerns about inflation and tariffs, according to the survey, which polls chief executive officers, chief financial officers, controllers, and other certified public accountants.
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Accounting March 6, 2025
American Express to Acquire Expense Management Software Company Center
Center’s software, together with American Express’ corporate and small business cards, will aim to create a seamless expense management platform that delivers more value across the commercial card payments process.
Accounting March 6, 2025
EY Adds AI Capabilities to Blockchain Analyzer
The AI feature enables users to automate and simulate the entire contract review process using natural language prompts and the tool’s testing engine, enhancing efficiency.
Small Business March 6, 2025
Trump Suspends Tariffs on Most Mexican Products For One Month
In a post on Truth Social, President Trump said he would delay for one month the imposition of 25% taxes on Mexican imports that fall under a free trade agreement that he negotiated during his last term.
Taxes March 6, 2025
IRS to Keep Tax Interest Rates the Same For Q2 of 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily, the IRS said on March 6.
Mergers and Acquisitions March 6, 2025
Cohen & Co. Acquires Tassi in Illinois
The transaction, expected to close at the end of March, enhances the private equity-backed top 50 firm's national real estate service offering and expands Cohen's presence in the Chicago market.
Taxes March 6, 2025
AICPA Issues Guidance for Reporting on Stablecoins
These criteria provide a framework to stablecoin issuers for presenting and disclosing information related to the tokens they issue.
Technology March 6, 2025
Vertex Expands e-Invoicing Capabilities to Streamline Compliance and Reporting
Scalable solutions are essential to replace fragmented approaches, ensuring seamless compliance while automating the reconciliation between real-time e-invoice data with periodic VAT filings.