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Data Privacy Becomes More Complicated as Accounting Firms Adopt AI Tools
Accounting
Experts at the American Bar Association’s May Tax Meeting in Washington, D.C., and in interviews with Reuters, say that as…
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AICPA Sends Almost 200 Recommendations to the IRS
Accounting
The AICPA has sent almost 200 recommendations to the IRS for the 2026–2027 Priority Guidance Plan, according to the Journal…
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AICPA Approves Audit Confirmation Standard
Accounting
Accounting Today reports that the AICPA has approved an updated auditing standard intended to modernize how auditors obtain…
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New York Considering New Tax on Homes over $1M Purchased with Cash
Accounting
New York lawmakers are considering a new tax on all-cash home purchases over $1 million as part of ongoing state budget…
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IRS Creates Issue Ruling Program
Accounting
The IRS has started a new program that allows corporate taxpayers to request official guidance on complex tax questions about…
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SEC Proposal Would Give Public Companies Option for Semiannual Reporting
Accounting
The SEC has suggested a rule that would let public companies choose to report every six months instead of every quarter. This…
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Education Department Excludes Accounting from ‘Professional’ Degree Classification
Accounting
The U.S. Department of Education has introduced a new rule that determines which graduate programs qualify…
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Accounting Firms Speed Up AI Adoption with Different Approaches
Accounting
AI is rapidly changing the accounting profession, while firms of all sizes use AI to work faster, cut costs, and lower risks.…
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Maryland Expands CPA Licensure Pathways in Push to Address Talent Shortage
Accounting
According to Accounting Today, Maryland has joined other states in rethinking the process for becoming a CPA. Governor Wes…
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