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.
Accounting Standards June 23, 2025
GASB Provides Guidance to Assist Stakeholders with Application of its Pronouncements
The guide contains new questions and answers that address application of GASB standards on leases, accounting changes and error corrections, conduit debt obligations, and cash flows reporting, among others.
Accounting Standards June 23, 2025
IFRS Foundation Publishes Guidance on Disclosures About Transition Plans
The document builds on disclosure-specific material developed by the Transition Plan Taskforce (TPT), for which the IFRS Foundation took responsibility in 2024.
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General News June 23, 2025
Summer Slowdown and Economy Have Vegas Casinos Offering Deals
For Sin City casinos, marketing to value-conscious travelers, especially those from drive-in markets such as Southern California and Arizona, has always been part of the summer playbook.
Firm Management June 23, 2025
Grant Thornton US Keeps Growing Multinational Platform
The top 10 firm said last week it's in the process of adding sister firms in Switzerland, Liechtenstein, and the Channel Islands to the multinational platform of firm affiliates the U.S. business created when it acquired Grant Thornton Ireland late last year.
Technology June 23, 2025
Digits Rolls Out AI Agents for Accounting Workflows
Digits Accounting Agents embed AI agents to run entire accounting workflows from start to finish, pausing only when human judgment is necessary or desired, for firms on its Autonomous General Ledger.
Small Business June 23, 2025
Gusto and Elevate Partner to Enhance Consumer Benefits for Small Businesses
Through the partnership with Elevate, Gusto now offers enhanced HSAs, FSAs, and consumer benefits to small businesses—complementing its existing benefits platform that includes health insurance and more.
Payroll June 23, 2025
Employers Are Shifting Benefit Strategies Amid Cost Pressures
Employers face greater challenges in delivering their strategy in key areas such as health benefits (44%), wellbeing programs (44%), and leave benefits (36%).
Income Tax June 23, 2025
Colorado Dentist Sentenced for $1.6 Million Tax Evasion Scheme
The tax shelter involved concealing income and creating false tax deductions through the use of a so-called business trust, family trust, charitable trust and a private family foundation.
Taxes June 23, 2025
A Look at Key Provisions in the Proposed GOP Tax Bill
The Senate draft highlights key differences from the House-passed bill, such as permanent extensions on many corporate tax provisions, modifications to international rules, and a limited expansion of the SALT deduction.
Accounting June 23, 2025
N. Carolina Woman Sentenced to Nearly 4 Years for $900K Embezzlement
Wilshire executed the scheme by issuing multiple Comdata prepaid debit cards in her name and in the names of other individuals, including former, fictitious, and current employees who were not aware the cards existed.
General News June 22, 2025
U.S. Cities Increase Security Measures Following Airstrikes on Iran
Police in New York, Washington, D.C., and Los Angeles have since increased patrols at religious institutions, diplomatic facilities and public spaces.
Technology June 21, 2025
Study Finds 72% of Enterprises Plan to Ramp Up Spending on GenAI in 2025
The report, "What's Next for Generative AI in the Enterprise," highlights the insights, preferences and concerns about enterprise Large Language Model (LLM) adoption.