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New Stablecoin Law Raises Big Tax Questions
Accounting
Accounting Today reports that the recently signed GENIUS Act lays out the first formal regulatory framework for stable…
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SEC Releases Guidance Clarifying Stablecoin Accounting
The Trusted Professional
The SEC has added onto its initial cryptocurrency accounting rules by publishing fresh staff guidance that certain…
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AICPA Asks IRS, Treasury for Immediate Guidance on Domestic Research Costs in the OBBA
The Trusted Professional
On Jul. 31, the AICPA sent a letter to both the IRS and Treasury on the recently enacted section 174A related to domestic…
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Tariff Guidance Released by Trump Administration
The Trusted Professional
According to Bloomberg, President Donald Trump’s expanded reciprocal tariffs are not going to apply to any products that…
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In Another Accounting PE Deal, Wipfli LLP Secures Large Investment From New Mountain Capital
The Trusted Professional
On Aug. 1, middle market provider of accounting, tax and advisory services Wipfli LLP said that it entered into a definitive…
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Regulatory Roundup: July 29 - August 4
The Trusted Professional
AICPA Media comment on UK Small Business PlanJul 31, 2025AICPA Signals Support for Legislation Allowing Domestic Abuse…
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AICPA's Koziel's Take on Helping Clients Navigate the OBBBA
The Trusted Professional
In a column for Bloomberg Tax, AICPA President and CEO Mark Koziel weighs in on how CPAs can best help their clients after…
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IESBA Publishes Staff Alert About Private Equity Investment
The Trusted Professional
An International Ethics Standards Board for Accountants' (IESBA) Staff Alert released Jul. 31 highlights the importance …
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IRS Leadership Shakeup Leads to Increased Concerns About Its Compliance Workforce
The Trusted Professional
The IRS lost more of its senior leadership team as questions continue to arise about the efficacy of the remaining compliance…
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