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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.

The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.

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.

The Institute submitted a letter in response to the Department of Education’s plan to exclude accounting from its definition of “professional degree” programs.

Botkeeper, which abruptly shut down earlier this month, has found a new lease on life as the Botkeeper Infinite platform after being acquired by Xendoo.

Plus, Propense unveils Hatfield client service AI; Skipentry premieres with QBO data extractor tool; and other accounting tech news and updates.

The American Institute of CPAs’ Auditing Standards Board proposed a set of updates to its attestation standards regarding sustainability and other emerging assurance issues.

Senate Finance Committee leaders introduced bipartisan legislation with changes to IRS procedures and administration, and standards for tax preparers.

The IRS issued Recovery Rebate Credits for the pandemic to nearly 301,000 ineligible taxpayers, many of whom were either immigrants or received extra payments.

The Institute asked for guidance from the IRS and the Treasury on the Trump Accounts for newborns as well other provisions of the One Big Beautiful Bill Act.