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.
Small Business December 30, 2024
U.S. Consumer Confidence Pulled Back in December
December’s fall in confidence was led by consumers over 35 years old; consumers under 35 became more confident.
Small Business December 30, 2024
CFPB Sues Walmart and Branch for Illegally Opening Deposit Accounts for More than a Million Spark Delivery Drivers
Drivers had to follow a complex process to access their funds, and when they finally did, they faced further delays or fees if they needed to transfer the money they earned into an account of their choice.
Small Business December 30, 2024
Former President Jimmy Carter Dies at Age 100
The singular achievement of his years in power was his role in negotiating a milestone peace agreement between Egypt and Israel, longtime rivals in the Middle East.
Accounting December 27, 2024
Beneficial Ownership Information Reporting Enforcement on Hold Yet Again After Appeals Court Reinstates Injunction
The roller coaster continues, as the 5th U.S. Circuit Court's decision on Dec. 26 suspends the deadline once again for most reporting companies to file BOI reports with the Financial Crimes Enforcement Network.
Small Business December 27, 2024
The Top Tax & Accounting News Stories of 2024
2024 saw major news events and ongoing trends that are significantly shaping the profession, including how professionals practice, how firms operate, and your business and individual clients.
Small Business December 26, 2024
November Home Sales Rose 4.8% in Strongest Showing Since 2021
Existing-home sales grew in November, according to the National Association of Realtors. Sales advanced in three major U.S. regions and remained steady in the West. Year-over-year, sales climbed in all four regions.
Accounting December 24, 2024 Sponsored
Spend Management Advisory: A Growing Opportunity for Accounting Firms
In this special report, learn what accounting firms have done to ramp up this approachable yet lucrative advisory service quickly.
Accounting December 24, 2024
BOI Reporting Injunction Lifted; FinCEN Extends Deadline to Jan. 13
FinCEN has extended the Jan. 1, 2025, deadline for most reporting companies to file beneficial ownership information reports with the Treasury Department until Jan. 13, 2025, after a federal court of appeals lifted an injunction on Dec. 23 that had halted the new law.
Accounting December 24, 2024
State CPA Society News and Updates – Dec. 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting Standards December 23, 2024
FASB Invites Comments on Intangibles
The invitation to comment is intended to explore ways the FASB can improve this area of financial reporting, which includes the accounting for acquired and internally developed intangibles.
Taxes December 23, 2024
IRS Asks for Feedback on Draft Instructions for R&D Tax Credit Form 6765
The IRS on Dec. 20 released the draft Instructions for Form 6765, Credit for Increasing Research Activities, and is seeking feedback on proposed changes to the form, which is used by taxpayers to claim the research and development tax credit.
SEC December 23, 2024
Entergy Hit With $12 Million SEC Penalty for Violating Accounting Rules
The SEC alleged that Entergy had inaccurate controls when recording materials and supplies, despite employees and management consultants flagging the issue.