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 May 12, 2025
12 Most Common Financial Reporting Mistakes in Nonprofits
Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.
Auditing May 12, 2025
Study: 73% of Global Companies Sought Assurance on Sustainability Reporting
A new report from the AICPA & CIMA and the International Federation of Accountants found that nearly three in four of the largest companies sought assurance on some aspect of their sustainability disclosures.
Accounting May 12, 2025
Crowe Expands OpenAI ChatGPT Enterprise Access
The top 15 accounting firm said it's one of the few firms in the profession to deploy ChatGPT Enterprise across all personnel, unlocking innovation and accelerating client outcomes.
Technology May 12, 2025
Avalara to Kick Off CRUSH on Tour in June
CRUSH on Tour—a new, free, one-day event series bringing Avalara's latest innovations directly to customers—will be held in Chicago and New York City next month, with additional cities to follow.
Payroll May 12, 2025
Trump Must Halt Mass Layoffs of Federal Workers, Judge Rules
President Donald Trump’s February executive order calling for a radical reorganization of the federal workforce likely violates the Constitution, U.S. District Court Judge Susan Illston said.
Small Business May 12, 2025
U.S., China to Slash Tariffs During 90-day Reprieve for Talks
The combined 145% U.S. levies on most Chinese imports will be reduced to 30% including the rate tied to fentanyl by May 14, while the 125% Chinese duties on U.S. goods will drop to 10%.
Payroll May 12, 2025
43% of Americans Say Money is Negatively Affecting Their Mental Health, Survey Finds
More than 2 in 5 (43%) U.S. adults say money negatively affects their mental health, at least occasionally, causing anxiety, stress, worrisome thoughts, loss of sleep, depression and other effects, according to Bankrate.
Accounting May 12, 2025
Sage Partners with Amazon Web Services for AI Innovation in Accounting and Compliance
This collaboration enables Sage to rapidly test, refine, and roll out AI models tailored to the complex demands of accounting and compliance.
Accounting May 12, 2025
Regulatory Compliance Pros View Technology Risks as Most Significant Force to Cause Compliance Issues in 2025
U.S. regulatory compliance professionals cited keeping abreast of regulatory changes (43%), assessing risk profiles across multiple asset classes (42%) and accurately identifying insider trading and market manipulation (40%) as their top three choices.
Taxes May 9, 2025
House Tax Panel Releases Partial Version of Trump Bill
The House Ways and Means Committee on Friday night released a partial version of President Donald Trump’s tax proposal that calls for increasing the maximum child tax credit to $2,500 and raising the estate tax exemption to $15 million.
Taxes May 9, 2025
Malliotakis, Other House Republicans At Odds Over Higher SALT Cap
Rep. Nicole Malliotakis (R-NY) suggested she backs the GOP leadership proposal to increase the SALT cap to $30,000 from the current $10,000, even as other Republican lawmakers trashed it as a non-starter.
Taxes May 9, 2025
IRS Issues New Warning For Taxpayers to Avoid Losing Money, Personal Data
Even if you filed your tax return for the year, the IRS warned this week that taxpayers should remain on alert for some common scams to avoid losing money and personal data.