Opinion News from Accounting Today

Planning around SSI COLAs; holiday business deductions; complex decisions of inheritance; and other highlights from our favorite tax bloggers.

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.

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

Adding AI shouldn't be about throwing automation at a problem. It's more about how accountants use it evolve.

The USO's Accountants Salute the Troops Council aims to bring the accounting firms together to raise $250,000 in funding by July 4, 2026.

CFOs are facing a convergence of pressures that make digital transformation not just attractive, but essential.

How can tax leaders "open the lid" enough to deliver the right transparency and accountability, without unleashing unmanaged data flows and compliance risk?

Job satisfaction for female CPAs in tax, audit and CAS has improved by more than twice as much for female CPAs than it has for male CPAs in those areas.

Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.

When implemented thoughtfully, these tools can transform your firm's operations and value proposition.

Accounting firms are moving from "people businesses" to businesses filled with individual people.

The One Big Beautiful Bill Act offers a striking example of how policy design can favor businesses over individual taxpayers, particularly young professionals.

Artificial intelligence is shining a spotlight on accounting firms and showing what's working and what's broken.

The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and costs to businesses and households.

The role of the CFO continues to be redefined in 2025 and beyond in response to an evolving business landscape.

Most accounting and bookkeeping firms are still flying blind when it comes to pricing, and it's eating into their margins.

Monotony may not sound like a business threat, but in finance, it's quietly eroding productivity from within.

AI now does what once took teams of analysts weeks to complete. Yet, as recent incidents have shown, technology only succeeds when matched with sound governance.

When valuing a company, a valuation analyst can play a critical role in identifying potential fraud risks and assessing whether management has implemented adequate measures.

Clients increasingly view their accountants not just as compliance partners, but as essential growth engines. They don't just need a tax return and help with compliance, they need a strategic partner.