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 March 18, 2025
AICPA Tells Senate Its 2025 Tax Priorities
The tax priorities letter focuses on a select number of provisions that the AICPA is immediately focused on due to their possible consideration as part of the upcoming 2025 tax legislative process.
Accounting March 18, 2025
Experiences 2025 – Agentic AI – Part 1: Opportunity
Agentic AI refers to artificial intelligence systems that operate autonomously and can perceive, reason, plan, and take action to pursue goals.
Auditing March 18, 2025
IIA Makes Recommendations on Development of Artificial Intelligence Action Plan
The IIA emphasized the importance of establishing clear and measured safeguards governing AI applications, noting the significant impact the technology will have on Americans.
Technology March 18, 2025
FlexTecs Updates AI Solution to Automate Supplier Reconciliation
Initially introduced with a focus on payment error prevention, FlexTrap has now expanded into a fully extensible platform, introducing supplier statement reconciliation to further reduce financial leakage and improve financial operations.
Payroll March 18, 2025
Child Care for Infants is More Expensive than College in 38 States, Shows Study
In addition, child care is more expensive than rent in 17 states and Washington D.C., showing that child care is one of the biggest expenses families face.
Small Business March 18, 2025
U.S. Commercial Insurance Rates Increased 5.6 Percent in Q4 2024
The survey compares premiums for policies underwritten during the fourth quarter of 2024 to those for the same coverage in the respective quarter of 2023, providing a year-over-year perspective.
Accounting Standards March 18, 2025
Baldwin Appointed to Governmental Accounting Standards Advisory Council
Barbara Baldwin currently serves as the executive director of the Council of Internal Auditing for the State Budget and Management Office of the state of North Carolina.
Financial Reporting March 18, 2025
Trump Nominates Michelle Bowman as Vice Chair of Supervision for Federal Reserve
Bowman is expected to support a lighter touch on bank regulation than her predecessor, Michael Barr. She has been a sharp critic of a landmark plan to require banks to hold more capital unveiled in 2023.
Payroll March 18, 2025
Gender Pay Gap Varies by State, Industry, Job and Race
More than ever before, women in the U.S. are taking control of their finances, investing in their future selves and making smart money choices. But there’s still one obstacle in their way today: the gender pay gap.
Taxes March 17, 2025
Confusion and Stress Drive Americans’ Desire for Tax Reform, Survey Finds
A new poll from marketing research firm Savanta reveals that a strong majority of Americans want tax reform, with 70% saying they prefer a simpler tax code instead of the current overcomplicated and stressful U.S. tax system.
Taxes March 17, 2025
IRS Has Issued $145 Billion in Refunds Thus Far This Tax Season
In total, the agency has sent out more than 43.6 million refunds to taxpayers, up 1.5% compared to March 8, 2024. The average refund amount sits at $3,324—5.7% higher than last year.
Taxes March 17, 2025
Examining the Impacts of President Trump’s ‘Unleashing American Energy’ Executive Order on Clean Energy Tax Credits
Since the “Unleashing American Energy” and “Regulatory Freeze Pending Review" executive orders were issued, there has been much speculation on how they will impact green energy funding and incentives—especially via tax credits—in the Inflation Reduction Act.