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.
Taxes May 21, 2025
Trump’s ‘Big, Beautiful’ Tax Bill Will Add $3.8 Trillion to Deficit, CBO Says
An analysis of the bill by the Congressional Budget Office also found that the lowest-income households will see their resources drop.
Technology May 21, 2025
New AI Tax System Integrates with Existing Systems and Workflows to Automate Tax Preparation
Filed automates the complete lifecycle of a tax return–from structuring diverse client documents to validating returns and proactively flagging anomalies based on firm-defined rules.
Accounting May 21, 2025
Speakers on the Economy, Geopolitics and the Evolution of Accounting Highlight AICPA & CIMA ENGAGE 2025
Other session topics will include private equity investment in the profession, the integration of artificial intelligence in different service lines and strategies to optimize talent.
Accounting May 21, 2025
Rightworks Community Serves as a One-Stop Resource Hub for Accounting and Tax Professionals
Rightworks' online platform offers accounting and tax professionals the latest tools, insights, and actionable strategies from some of the profession’s most trusted advisors to help drive progress and inspire future-forward firms.
Auditing May 21, 2025
ISACA Launches Advanced AI Audit Certification
The new credential is designed to meet the needs of IT auditors who are facing an evolving tech and compliance landscape with artificial intelligence at the forefront, the ISACA says.
Accounting May 21, 2025
BMSS Makes Strategic Investment in Technology Platform Knuula
The top 100 firm said this week that it recently invested in Knuula, a Frisco, TX-based technology platform that specializes in generating engagement letters and other documents for accounting firms.
Accounting May 21, 2025
Suburban Chicago Accountant Accused in $10M COVID-19 Unemployment Fraud Scheme
Hiam Hmaidan, 53, of Oak Lawn, IL, was arrested May 8 on a six-count indictment that became public last week charging her with mail fraud and conspiracy to commit mail fraud. She pleaded not guilty.
Accounting May 21, 2025
Philadelphia-Area Accountant Pleads to Filing Nearly $220,000 in False Tax Reports
James J. Sirleaf, 65, of Darby, PA, pleaded guilty to 15 counts of aiding and assisting in the preparation of false income tax returns and three counts of filing false personal income tax returns for himself.
Payroll May 21, 2025
Poll Reveals Divide Between Gen Z and Older Americans on Finances and Economy
Recent polling of nearly 20,000 American adults by NBC News indicates Gen Zers are more likely than older adults to feel their finances improved from a year ago.
Taxes May 21, 2025
AICPA is Not Pleased with GOP’s ‘Big, Beautiful’ Tax Bill
The letter also outlines several provisions included in the bill that are supported by the AICPA.
Taxes May 20, 2025
Senate Unanimously Passes No Tax on Tips Act
The bill, which eliminates federal tax on tips for hospitality workers and servers, passed via unanimous consent on Tuesday after Democratic Nevada Sen. Jacky Rosen brought it to the floor and no other senator blocked it.
IRS May 20, 2025
Trump IRS Nominee Billy Long Grilled Over Ties to Fraudulent Tax Credits
The former Missouri lawmaker acted as a pitchman for tax credits that didn’t exist, Senate Finance Committee Democrats said.