Organization Root Tag

The board is recommending a 2026 budget that is 9% below its 2025 budget.

Plus, Anders names a new partner class; Blue names new industry and service line leaders; and more firm and personnel news.

Amanda Reynolds filed a complaint asking the court to determine whether pets can be recognized as non-humans dependents.

Congress has passed a bill giving taxpayers who have been affected by natural disasters some extra time to file a claim for a tax credit or refund.

The PCAOB found that Jennifer Crofoot, a CPA then working as an audit partner at Fruci & Associates II, violated rules and standards in connection with four audits.

The open enrollment season for employee benefits is underway at many companies, and employees may be seeing changes this year thanks to the SECURE 2.0 Act.

The Public Company Accounting Oversight Board appointed Erik Durbin as acting chief economist and director of its Office of Economic and Risk Analysis.

No expertise needed; losing Trump benefits; excise taxes can't replace property taxes; and other highlights from our favorite tax bloggers.

The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board.

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events.

Nine organizations wrote to the Department of Education expressing opposition to rules excluding accounting from recognition as a professional degree program.

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council.

There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

Private company leaders looking to sell reported that tax on recognized gains (88%) and transfer taxes (87%) were major concerns, per a Deloitte survey.

Xero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based on API usage and connections.

The deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.

The agency's Criminal Investigation unit also identified 112% more tax fraud from the previous year.

The IRS is reminding taxpayers and tax practitioners of the changes to the credit from this year's big tax legislation.

CPA Firm Management Association appoints board of directors; EY names new Louisville office managing partner; and more news from across the profession.