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Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.

Rev. Proc. 2026-08 updates procedures for exemption from income tax on a group basis for 501(c) organizations that are under the control of a central organization.

Enrollment for undergraduate accounting majors increased for the third year in a row last fall, according to newly released figures.

FASB adds six to Not-for-Profit Advisory Committee; Brown Plus promotes 15; and more news from across the profession.

Statehouse skirmishes: the Gold Card; how returns get prepared; and other highlights from our favorite tax bloggers.

Regulators officially approved 30 more funds last month, with more expected authorizations in 2026. Will financial advisors and their clients bite?

Accountants' confidence in the global economy remains weak entering 2026, citing economic pressures, cyber threats, and geopolitical and regulatory instability.

Notice 2026-11 from the IRS provides guidance on the permanent 100% additional first-year depreciation deduction provided by the One Big Beautiful Bill Act.

The number of organizations that have deployed AI agents grew twofold in the past year, sparking changes in hiring patterns and market dynamics.

The House Ways and Means Committee voted unanimously to approve a bipartisan bill to accelerate processing of tax returns through use of scanning technology.

The Internal Revenue Service Advisory Council issued its annual report after a turbulent year at the agency, criticizing the repeated funding and staffing cuts.

As tax professionals, we need to figure out which version of reality is going to show up on tax season opening day.

The Top 25 Firm made an investment in Crowe Advisory Services India, a member of its global network.

Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025.

The PCAOB sanctioned audit firm Zwick CPA, its owner Jack Zwick and audit manager Jeffrey Hoskow for violations related to an audit of Genie Energy.

Digital transformation ranked as the top priority of CFOs, according to a Deloitte survey, followed by cash management optimization and capital allocation.

The American Institute of CPAs updated the criteria for stablecoin reporting amid heightened focus on stablecoin oversight.

The SEC alleged the mining company failed to follow proper accounting rules to accurately record and value its assets.

Employment rose by 50,000 jobs in December, the U.S. Bureau of Labor Statistics reported, while the unemployment rate fell two-tenths of a point to 4.4%.

The Treasury and the IRS issued proposed regulations to revise the threshold for when third-party settlement organizations need to perform backup withholding.