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The Federal Accounting Standards Advisory Board released guidance on implementing the disclosure requirements for public-private partnerships.

The IRS's overall improper payment rate on refundable tax breaks increased from 21.9% in 2024 to 26.5% in 2025, totaling about $28.1 billion.

San Jose, California-based PP&Co acquired Ami Shah, and Mid-Atlantic Regional Leader LMC opened a new office with the addition of Ricky Spike and his team from Ives, Sultan & Spike CPAs.

Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.

The top two blockers to advisory growth aren't a lack of client demand — they're internal.

Deutsche Bank is seeking damages from four former senior employees who claim the lender wrongly blamed them for alleged involvement in an accounting scandal.

The October tax nightmare is not caused by the deadline. It's caused by treating July and August as downtime.

Blanche walked back and clarified key elements of the department's arrangements to resolve Trump's $10 billion lawsuit against the IRS.

The Top 75 Firm will acquire Schmoyer and Company in Columbia, South Carolina, effective Aug. 1, 2026.

National Association of State Boards of Accountancy vice chair J. Coalter Baker stepped down to focus on his health.

The Top 50 Firm acquired New England Regional Leader GGG, expanding its presence in the Boston area.

The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.

The Top 50 Firm UHY acquired accounting and advisory firm ALW in Betterndorf, Iowa.

A recent study on romance scams found that bots were able to get people to install a sketchy app 46% of the time versus 18% for humans trying the same thing.

The Financial Accounting Standards Board decided during a board meeting to add a project on goodwill impairment testing to its technical agenda.

The 'one-times-revenue' era is over. Today's buyers are paying for durable, transferable cash flow.

The fund could have paid $1.8 billion to President Trump's allies, and the acting AG clarified the scope of the president's sweeping immunity deal with the IRS.