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The state and local tax issue has been one of the most contentious for the House GOP to resolve.
May 8 -
Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.
May 8 -
The taboo around discussing and comparing accounting salaries is slowly fading.
May 8
Big 4 Transparency.com -
Among companies that have disclosed financial projections, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs this quarter.
May 8 -
Tech-forward accounting firms have devoted considerable time and resources toward improving client onboarding, cybersecurity and AI tools.
May 8 -
The legislative push for the massive tax package will begin in earnest next week as key House committees consider the legislation despite lingering divisions.
May 8 -
The Top 75 Firm based in Atlanta has steered clear of private equity funding so far and plans to remain independent, despite frequent calls and emails.
May 7 -
Judgments that are overly optimistic, unsupported, or poorly documented can tip into the territory of errors or fraud, leading to restatements and enforcement.
May 7
Forensic Risk Alliance -
Jason Smith said he will to strike a balance between those who want no limit on the state and local tax deduction and those who want no write-off at all.
May 7 -
The plan mandates the sale of dozens of parcels totaling more than 11,000 acres (4,450 hectares) of federal land in Utah and Nevada.
May 7 -
The AP solutions provider has agreed to be acquired by an asset management firm and payment solutions provider, after which it will go private.
May 7 -
Women working at small businesses have a higher likelihood of making it into upper management than women at larger employers, new ADP Research shows.
May 7 -
The Internal Revenue Service announced the inflation-adjusted amounts for health savings accounts in 2026.
May 7 -
Private equity is driving massive changes in the market, and firms on both sides of deals need to adapt.
May 7 -
The growing capabilities of artificial intelligence mean the profession can't afford to be complacent, one expert says.
May 7 -
Tax Court judges; like-kind slip-ups; estate planning and digital assets; and other highlights from our favorite tax bloggers.
May 6
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The Internal Revenue Service has been conducting "sweeps" in recent years to uncover cases where high-income people have not been filing taxes.
May 6 -
The job cuts amount to about 2% of PricewaterhouseCoopers' U.S. workforce of approximately 75,000 employees.
May 6 -
The board agreed to a statement of protocol with the Auditing Oversight Authority of the Slovak Republic while facing a possible SEC takeover.
May 6 -
Firms risk being left behind if they don't carefully navigate the current transformative era, experts warn.
May 6



















