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The new accounting model would reflect how financial institutions manage interest rate risks in their portfolios.

Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance.

The House approved two pieces of legislation to keep IRS agents from levying fines and penalties without supervisory approval, and to strengthen taxpayer rights in proceedings before the Tax Court.

The word “transformation” doesn’t do justice to the kinds of seismic changes that have started to take root in the accounting profession over the past year.

Growing a small business is exhilarating, but the reality of managing its finances can be exhausting. From juggling invoices and tracking expenses to facing year-end taxes, the financial burden often pulls entrepreneurs away from the work they love—and the work that drives growth. We partnered with BetaKit to showcase the unvarnished stories of two Canadian …

Canadian CEOs conquer Cash Flow anxiety and grow with Xero Read More »

We are thrilled to announce that Xero has been featured in the CBS documentary series, 50 American Leaders. This feature highlights our commitment to empowering small business growth through continued investment in AI-driven tools, payments and analytics, all while fostering deep partnerships with accountants and bookkeepers. Small businesses are the backbone of the economy. We’re …

Xero featured in CBS’s 50 American Leaders series Read More »

Just in time for Giving Tuesday, there’s some good news for charities, thanks to the One Big Beautiful Bill Act, but also some new caps and limits.

Eide Bailly adds Wall, Einhorn & Chernitzer; Brown Edwards acquires Sheldon & Co.; and LGA merges with Cohen Cohen & Co.

Last month brought a slight uptick in wage and job growth at small businesses, payroll company Paychex reported.

For accountants and auditors, the elimination of the penny will affect reconciliation, system configuration and compliance reporting.