Tax Fraud Blotter: One slice with everything
Reality bites; can buy you love; community mistrust; and other highlights of recent tax cases.
FloQast launches AI agent builder
Accounting software provider FloQast announced that users can now craft their own AI agents through natural language prompts, alongside several new AI-based capacities for the platform.
The capacity crunch: Do’s and don’ts of outsourcing
Firms utilizing outsourcing, offshoring and other methods to expand their workforce share what works, and what needs to be reimagined.
Lawmakers advance tax legislation for billionaires, IRS, Tax Court
Senate and House Democrats proposed a bill to ensure billionaires pay a “fair share” of taxes, without actually raising their tax rate under current law, while Republicans advanced legislation pertaining to the IRS and the U.S. Tax Court.
Instead to offer free tax prep and filing
Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.
NASBA, AICPA propose CPE changes
The National Association of State Boards of Accountancy and the American Institute of CPAs today released an exposure draft proposing changes to Continuing Professional Education standards.
What nonprofits and their accountants need to know about the OBBBA
The One Big Beautiful Bill Act contains several provisions that could affect the future of nonprofit organizations.
Large firms dominate EGC audits
More than 1,000 (69%) of the 1,458 exchange-listed EGCs are audited by larger firms, the PCAOB found.
Taylor and Travis may need some tax advice
The music superstar and Kansas City Chiefs football player together would have a vast fortune and are likely to need expert tax and financial planning advice.
Tax pros love AI, but aren’t giving up on search engines
More than half of tax practitioners use AI for research, but don’t count out the classic search engine, which remains an essential tool for many.