Governmental Accounting Standards Advisory Council members appointed
The trustees overseeing the Financial Accounting Foundation have named three new members of the Governmental Accounting Standards Advisory Council.
Guidance coming on recovering dyed fuel excise tax
The Treasury and the IRS are asking that taxpayers hold off on claims until they clarify the rules.
CPA Canada signs pact with African accounting group
Chartered Professional Accountants of Canada has signed a memorandum of understanding with the Pan African Federation of Accountants.
The top 10 criminal tax cases of 2025
The IRS Criminal Investigation unit cited its top cases that led to multiyear prison sentences and multimillion-dollar financial settlements for tax crimes.
M&A Watch: Mergers at year’s end
Swindoll, Janzen, Hawk & Loyd is merging in another Kansas firm; RRBB added the team from Gail Rosen CPA; and Ketel Thorstenson expanded in Wyoming.
Millionaire tax plan in Washington State marks growing interest in wealth levies
Democrats across the U.S. are increasingly exploring taxes as a way to capture the populist moment and address the country’s widening wealth gap.
Do firms underestimate today’s accounting students?
A group of accounting firm partners were asked what qualities they look for most in new hires. Their answer provoked some pushback from accounting students.
PCAOB names new acting director of enforcement
The overhaul at the board continues as William Ryan succeeds Robert Rice, who is retiring at the end of the year.
Platform adds two California firms
The Platform Accounting Group added Wayne Long & Co. and Seghetti Waxler, based in Bakersfield and Santa Cruz, California, respectively.
In the blogs: Generally positive
Postmarks and donations; tuning up your comp system; please, Santa…; and other highlights from our favorite tax bloggers.