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The word "transformation" doesn't do justice to the kinds of seismic changes that have started to take root in the accounting profession over the past year.

Small businesses in particular lost a total of 120,000 jobs.

The initiative from the president's tax law has drawn support from corporate and financial leaders.

Just in time for Giving Tuesday, there's some good news for charities, thanks to the One Big Beautiful Bill Act, but also some new caps and limits.

Eide Bailly adds Wall, Einhorn & Chernitzer; Brown Edwards acquires Sheldon & Co.; and LGA merges with Cohen Cohen & Co.

Last month brought a slight uptick in wage and job growth at small businesses, payroll company Paychex reported.

For accountants and auditors, the elimination of the penny will affect reconciliation, system configuration and compliance reporting.

The firm, which now has more than 500 partners, said its deals practice shrank 4% and its audit unit was down 3.7%, while its tax business grew 3.4%.

Carcaught; a big shank; this order's definitely to go; and other highlights of recent tax cases.

A tweak to the deductibility of gambling losses may not bring in a lot of tax revenue, but it could certainly alter a lot of wagers next year.