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Emma Slack-Jorgensen
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Baker Tilly and Moss Adams Merge
Accounting
Accounting firms Baker Tilly and Moss Adams have agreed to merge in a transaction worth approximately $7 billion. The…
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Trump Replaces Acting IRS Commissioner
The Trusted Professional
President Donald Trump has replaced the acting IRS commissioner amid increasing turmoil within the tax agency. According…
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Gen Zers Find New Inspiration to Become Accountants
NextGen
Although accounting has been seen "as one of America's most boring jobs," Gen Z is realizing the perks of becoming an…
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Regulatory Roundup: April 15-21
Regulatory Roundup
AICPA AICPA Signals Strong Support for Legislation Recognizing Accounting as STEM Apr 15, 2025CBO Report Answers to Questions…
Read More
SEC Might Soon Approve a Novel Fund Model That Lowers Tax Bills for Asset Managers' Clients
Taxation
A revolutionary fund structure that will allow asset managers to decrease their clients’ tax payments while…
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Accounting as a STEM Legislation Reintroduced in U.S. Congress
NextGen
This week U.S. Representatives Young Kim (CA-40) and Haley Stevens (MI-11) reintroduced a bill that will allow accounting…
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IRS, Treasury to Withdraw Basis-Shifting Transactions-of-Interest Regulations
Taxation
The Treasury Department and the IRS are set to publish a forthcoming notice of proposed rulemaking (NPRM) that removes basis…
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IRS' Direct File Program Could Be Axed Soon
The Trusted Professional
The Trump administration is set to eliminate the IRS’ Direct File program, according to The Associated Press, citing two…
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Tax Day Comes and Goes Despite Layoffs and Technology Delays at the IRS
Accounting
Amid the sweeping layoffs, resignations and stalled modernization layoffs, the IRS marked the 70th anniversary of the modern…
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