IRS chief blasted for employee treatment
The top Democrat on the House Ways and Means Committee says IRS employees have suffered since the agency unilaterally ended its union contract.
Accounting staff departures can lead to turmoil
Rapid turnover among accounting employees could be a sign of future financial reporting problems, according to a new study.
On the move: AICPA names new VP of communications
Plus, FAF names the next FASB chair; Boomer recognizes its 2026 Visionaries; and other firm and personnel news from across the profession.
Grant Thornton adds GT Australia
The deal adds 1,500 professionals and six offices to Grant Thornton’s multinational platform.
Tax Fraud Blotter: Keys to the kingdom
Check churning; a Maserati and a McLaren; private family foundation; and other highlights of recent tax cases.
AICPA approves auditing standard for spotting fraud
The American Institute of CPAs’ Auditing Standards Board adopted new guidance governing the auditor’s responsibility for identifying fraud or suspected fraud.
IRS unveils Tax Compliance Report for taxpayers
The digitally authenticated report can be used when applying for a job, loan, government benefit or another service requiring tax compliance information.
Pet owners set up wills and trusts in estate plans
The AICPA is finding a growing number of pet owners including their cherished pets as part of their estate plan, and CPAs can help them set up wills and trusts.
IRS extends safe harbor for carbon capture tax credit
The Internal Revenue Service and the Treasury Department issued a notice extending a safe harbor for carbon capture and sequestration technology.
Customizing their way: the rise of the builders
For years, when a small business or advisor hit a workflow problem, the answer was to find an app that solved it or live with a workaround. Building a solution was often costly, and required a developer to bring the app to life. Today, greater accessibility and popularity of AI and LLM custom coding tools …