Small businesses raised pay slightly in February
Minimum wage increases in some states and localities helped boost payrolls a small amount in February at small businesses, according to Paychex.
Nevada implements licensure changes
The Nevada legislature passed a regulation to create an additional pathway to CPA licensure, effective as of Feb. 27, 2026.
Stop payment fraud before it starts
Without automated bank account verification in place, organizations leave themselves wide open to costly, damaging fraud schemes.
Democrats unveil bill to resurrect Direct File
Senate and House Democrats introduced legislation to bring back the Direct File free tax preparation program that was ended by the Trump administration.
Small businesses getting paid quicker, but still late
The latest Xero Small Business Insights (XSBI) data contained some welcome news for small business owners, with a reduction in average late payment times across all five countries where data is collected. This is obviously good news and a welcome boost for cash flow management, a critical issue for small businesses. Nevertheless, it is also …
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IFAC: Over 1,000 firms have taken PE money
The International Federation of Accountants released data on the growth of private equity in the global accounting profession.
Grant Thornton’s Peko: Reject incrementalism, embrace change
Jim Peko, the CEO of Grant Thornton Advisors, says it was only by abandoning a vision of incremental change that the firm was able to achieve its current rapid growth.
IRS ends union contract
The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.
Pro-alts dark-money group takes jabs at fiduciary watchdog in report to IRS
The Pinpoint Policy Institute’s public campaign against the Institute for the Fiduciary Standard reflects a mysterious phase of the ongoing debate on private investments in 401(k) plans.
AICPA urges Education Dept. to list accounting as professional degree
The Institute submitted a letter in response to the Department of Education’s plan to exclude accounting from its definition of “professional degree” programs.