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The International Federation of Accountants released data on the growth of private equity in the global accounting profession.

Jim Peko, the CEO of Grant Thornton Advisors, says it was only by abandoning a vision of incremental change that the firm was able to achieve its current rapid growth.

The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.

The Pinpoint Policy Institute's public campaign against the Institute for the Fiduciary Standard reflects a mysterious phase of the ongoing debate on private investments in 401(k) plans.

The Top 25 Firm acquired MSTiller, expanding its presence in the Southeast.

The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and senior citizens for tax year 2025.

Accounting solutions provider Basis announced that it has raised $100 million in Series B funding at a $1.15 billion valuation.

The Top 10 Firm acquired The Innova Group, expanding its health care consulting platform, effective March 1.

As companies shift critical AI workloads toward owned or more controlled infrastructure, several accounting dynamics may change.

The Institute submitted a letter in response to the Department of Education's plan to exclude accounting from its definition of "professional degree" programs.