Millions to get bigger Social Security checks if Biden signs new bill
Critics warn that the measure comes at the cost of pushing the fund further toward insolvency.
Art of Accounting: A template for hiring an experienced manager
Firms that hire experienced people do not usually get what they expect or are paying for.
Tax Fraud Blotter: Crooks R Us
The shadow knows; body of evidence; make a Note of it; and other highlights of recent tax cases.
Accounting in 2025: The year ahead in numbers
Accounting Today’s annual survey reveals firms’ expectations, worries and plans for the next 12 months.
On the move: Over a decade of Withum’s Week of Caring
Citrin Cooperman appoints CIO; PKF O’Connor Davies opens new Fort Lauderdale office; and more news from across the profession.
SEC charges Entergy with internal accounting controls violations
The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.
Tech news: Wolters Kluwer adds conversational AI
Plus, HubSync adds bevy of new enhancements; Crowe announces cyber risk analysis solution; and other accounting tech news.
IRS boosts standard mileage rate for 2025
The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.
FASB asks for input on accounting for intangibles
The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.
Congressman introduces bill to offer residence-based tax system to expats
Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas.