Accounting, tax, auditing news

Senate Finance Committee advances tax bill backed by AICPA

The Senate Finance Committee approved the Taxpayer Assistance and Service Act, legislation backed by the AICPA that would modernize IRS operations, expand taxpayer services, and give the IRS authority to deny, revoke, or suspend preparer tax identification numbers.

A new top 5 firm: Grant Thornton acquiring fellow top 10 firm CBIZ

FinCEN director expects final BOI reporting rule soon

As AI use in cybersecurity rises, so do the risks

PCAOB seeks feedback on its 5-year strategic plan

Are finance leaders moving too fast on agentic AI?

Why social media ‘failures’ can be big wins for small firms