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Oracle NetSuite introduced a host of new features and capacities built around agentic AI covering both process automation and data-driven insights.
February 11
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Demetrios "Jim" Logothetis was sworn in as chair along with two new board members, Mark Calabria and Steven Laughton, just over a week after they were named.
February 10
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The Internal Revenue Service made only limited progress in scanning a tiny fraction of paper-filed returns last tax season, according to a new report.
February 10
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The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the examination for Enrolled Agents to earn their tax credential.
February 10
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The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit aside from 41,000 claims still under exam or appeal.
February 10
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The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.
February 9
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The U.S. Tax Court ruled that innovations in livestock production can qualify for the research and development tax credit, establishing new case law.
February 9
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Big Four KPMG announced that the employees and founders of AI development platform PrivateBlok will be joining the firm to further scale its AI capacities.
February 9
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The shift will happen gradually starting this summer until December, when QBOA will be discontinued.
February 6
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PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
February 6
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Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
February 6
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The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.
February 5
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The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.
February 5
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Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways.
February 5
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Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.
February 5
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Trump suggested he could exert pressure on Attorney General Pam Bondi and Treasury Secretary Scott Bessent, saying there had "never been anything like it."
February 5
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The Public Company Accounting Oversight Board posted a staff report on testing transactions between broker-dealers and related parties.
February 4
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The professional and business services sector, which includes accounting and tax, lost 57,000 jobs last month, the largest loss since August 2024, ADP reported.
February 4
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Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company Paychex reported.
February 3
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The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.
February 3
