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President Trump has removed Billy Long as commissioner of the Internal Revenue Service in the latest sign of turmoil at the embattled agency.
August 8
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Treasury Secretary Bessent will serve as acting commissioner, as President Trump plans to nominate Long for an ambassadorship.
August 8
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The One Big Beautiful Bill Act is sparking questions among employees and payroll departments about how to handle tax breaks such as overtime pay.
August 8
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A third of accountants conceded in a survey they would not be able to recognize an AI-generated fake receipt if it came across their desk.
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Plus, Stampli launches a solution for AP automation; PwC buys a fintech consultancy; and other accounting tech updates.
August 8
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If businesses focus solely on the size of the tariffs — and where they land — they'll miss a profound challenge and opportunity that this moment presents.
August 8
Payhawk -
The move will enlarge refunds paid out to taxpayers early next year, ahead of the midterm congressional elections in November 2026.
August 8
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The Bonadio Group holds annual firmwide Purpose Day; Eide Bailly refreshes brand; and more news from across the profession.
August 8
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The alleged accounting fraud overstated revenue of the data-insight company Near Intelligence before it was acquired in 2022 by about $25 million.
August 7
