The Senate has confirmed Douglas H. Shulman as the new commissioner of the Internal Revenue Service. Shulman, formerly vice chair of the Financial Industry Regulatory Authority, was nominated in November to replace Acting Commissioner Linda Stiff.“For the majority of Americans who pay their taxes willingly and on time, there must be clear guidance, accessible education and outstanding service,” Shulman said in a statement. “Our aim should be to make it as easy as possible for citizens to pay the correct amount of taxes in the most efficient and least burdensome manner possible. For taxpayers who intentionally evade paying taxes, there must be rigorous enforcement programs.”
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Bookkeeping, tax and outsourced CFO services company Pilot announced Meridian, which is said to perform the full scope of bookkeeping and financial reporting.
June 16 -
Gusto's newest release is focused on the accounting practice management arena: six new AI agents designed specifically for business development for CPA firms.
June 16 -
The Treasury Department offered a preview of upcoming guidance on a new federal scholarship tax credit that was included in the One Big Beautiful Bill Act.
June 16 -
The National Treasury Employees Union has filed a lawsuit against the IRS accusing it of systematically removing union materials from offices.
June 16 -
The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.
June 15 -
Regional Leader Kernutt Stokes will acquire accounting firm Fordham & Co, effective July 1, to grow its presence in Portland, Oregon.
June 15





