UHY launches global rebrand; IRS selects first associate chief counsel for the newly created passthroughs, trusts and estates office; and more news from across the profession.

The amount individuals can contribute to 401(k)s in 2025 has increased by $500 to $23,500, but the IRA limit remains $7,000.

Plus, Withum rolls out cloud-based audit platform; SafeSend’s new Client Portal uses PIN instead of password; and other accounting tech news and updates.

The accounting profession is grappling with both a shortage of talent and a generational shift in workplace expectations.

To the mat; extra help; FACS of the case; and other highlights of recent tax cases.

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report.

The Public Company Accounting Oversight Board released a supplement Wednesday to its staff guidance on the remediation process for auditing firms that have deficiencies in quality control that need to be fixed.

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.

Cuts to official interest rates and income taxes have begun in some countries, with some hoping the changes would help boost consumer spending. Unfortunately, this doesn’t seem to be the case yet for small businesses, according to the latest Xero Small Business Insights (XSBI) data.  What cuts have happened? Central banks have been busy in …

XSBI: Are interest rate or income tax cuts benefiting small businesses yet? Read More »