IRS quietly raises mileage rates due to inflation
The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.
The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.
As AI gets more integrated into accounting firm operations, you need people who already know how to work with AI, and how to give the right prompts and commands.
Blanche said he didn’t know who at the Justice Department wrote the language providing immunity from tax audits, though he signed the agreement approving it.
If what you’re hearing about AI makes me you feel either uneasy or excited, that’s normal. And do you know why both reactions are completely fine? Because we’ve done this before. The move to the cloud wasn’t instant either. Many practices took time to adjust, but those who invested the effort saw results. Now, we’re …
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Firm360 announced new tax prep automation capacities via an integration with Juno.
The Top 100 Firm is getting a majority investment from Lightyear Capital, while its previous investor, Unity Partners, will maintain a minority position in the firm.
The International Ethics Standards Board for Accountants released a staff publication on the ethical implications of emerging technologies such as AI.
Missouri Gov. Mike Kehoe, signed Senate Bill 1233 into law, creating an additional pathway to CPA licensure, effective Aug. 28, 2026.
Shultz Huber & Associates acquired Stroh, Johnson & Company, effective as of July 1, expanding its presence in Ohio.
Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.