Strategies to optimize tax savings amid legislative changes
This year’s uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.
Tax bill to accelerate Medicaid work requirements to 2026
The revised version of President Donald Trump’s economic package would move up work requirements to December 2026 from 2029.
Misunderstandings keep families from claiming tax credits
Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions of dollars in tax credits.
Senate panel grills IRS commissioner nominee Billy Long
The Senate Finance Committee questioned Trump’s nominee about his plans for the beleaguered agency and promotion of dubious tax credits.
Minnesota passes licensure changes bill
Minnesota approved a bill on Monday night to create additional pathways to CPA licensure, and it awaits the signature of Gov. Tim Walz.
In the blogs: Truths and consequences
No more paper checks; death and tax debt; the perfect time to onboard software; and other highlights from our favorite tax bloggers.
GT soups up compliance with new AI-based platform
Compliance professionals at Grant Thornton will be making use of the improved CompliAI platform, infused with generative AI to enhance service delivery.
Eide Bailly merges in Traner Smith
The Top 25 Firm is growing its presence in the Pacific Northwest by adding a firm based in Edmonds, Washington, effective June 2, 2025.
BMSS announces investment, collaboration with engagement letter platform Knuula
Top 100 firm BMSS announced an investment in Knuula, an engagement letter and client documents software provider. The investment came after implementing Knuula themselves over the past year.
PwC AI agent acts proactively to preserve value
The Big Four firm added new agentic AI capacities, including a model that proactively identifies areas of value leakage and acts inside the tools to fix them.