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The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

States generally assert taxing authority over income based on two core principles: residency and source.

Jennifer Wilson of ConvergenceCoaching cross-examines the potential impact of private equity on accounting firms, and on the profession as a whole.

'Cautious optimism' is the watchword for this tax season — but there's still plenty tax practitioners can do to make it run smoothly.

Whitman Transition Advisors and C-Suite Impact announced a merger to create a consulting firm under the name Whitman Advisory.

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.

BDO USA partners with the LPGA while Weaver signs up a brand ambassador from the PGA; and other accounting firm and personnel news.

Larger transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

Plus, Schneider Downs Digital launches AI finance companion; Ramp introduces live budget tracking; and other accounting tech updates.

The OBBBA reshaped several baseline assumptions for 2026 planning around state and local tax, above-the-line deductions and updated inflation adjustments.