ThomsonReuters

JUNE 24, 2025

Highlights: Corporate tax leaders express strong enthusiasm for generative AI but face significant challenges in its effective adoption. A substantial gap exists between corporate tax professionals’ belief in GenAI’s utility and its actual widespread implementation.

corporation tax

Accounting Today

JUNE 26, 2025

By Chris Gaetano 1m ago Tax-related court cases Tax Fraud Blotter: Boundless energy Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. All rights reserved.

quickbooks

Accounting Today

JUNE 6, 2025

We must confront a critical question: If we continue to train accountants solely to file tax reports, are we truly equipping them for the challenges of todays world? All rights reserved. Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market.

accounted

Accounting Today

JUNE 11, 2025

The shift signifies growing apprehension across Main Street accounting firms serving as advisors on tax, payroll and compliance decisions amid a backdrop of historic tariff actions, continued inflation and unpredictable tax and trade policies. All rights reserved.

Technology

Accounting Today

JUNE 20, 2025

3 to file various federal individual and business returns and make tax payments. 3 to file various federal individual and business returns and make tax payments. The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.) All rights reserved. 15, 2025. 31, 2025.

Mississippi

Accounting Today

JULY 23, 2025

Paradoxically, vulnerability had given him back control — but it also opened up a whole set of questions about his professional career, including his role as managing partner of Tri-Merit Specialty Tax Services (a tax advisory firm that also hosts Bridging the Gap). "I All rights reserved. he asked.

Technology

Accounting Today

JUNE 12, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. The tax loss totaled $356,881. All rights reserved.

Tax

Accounting Today

JULY 9, 2025

Accounting Technology Fraud prevention Fraud MORE FROM ACCOUNTING TODAY Practice management BDO names Matt Becker next CEO Matthew Becker, BDO USAs national managing principal of tax, has been ratified by a principal-wide vote to succeed Wayne Berson as the firms next CEO, effective July 1, 2026. All rights reserved.

Technology

MyIRSRelief

OCTOBER 11, 2024

Enrolled Agent: Comprehensive Tax Services for Individuals and Businesses When it comes to managing your taxes, finding a qualified and reliable tax professional is crucial. An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S.

tax services

Accounting Today

JUNE 13, 2025

Hohl has close to 40 years of accounting and auditing experience. In 2023, he founded Corallium Advisors, which helps businesses with auditing, regulatory compliance, risk management, and initial public offerings. All rights reserved. Previously, he spent 26 years as a partner at EY in various roles.

accounted

Accounting Today

AUGUST 1, 2025

They are blessed to have a culture (The Wipfli Way) where everyone trusts and respects each other and they are all about value added services for their clients (I should know, Im a happy outsourced accounting and tax client!)." All rights reserved. The firm dates back over a century and is moving into a new phase with the PE investment.

Technology

Accounting Today

JUNE 23, 2025

My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions. Back when I was initially analyzing the data around the "loyalty tax," I posted a chart breaking down this trend on a Reddit thread.

Technology

Accounting Today

JUNE 5, 2025

Accounting Accounting education CAS Technology Accounting students MORE FROM ACCOUNTING TODAY Tax-related court cases Tax Fraud Blotter: Prep perps Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. All rights reserved. By Editorial Staff June 5 Like what you see?

accounted

ThomsonReuters

JANUARY 6, 2025

Blog home Managing tax obligations in large organizations is a multifaceted challenge that demands precision, efficiency, and a deep understanding of ever-evolving regulations. This is where embedded tax solutions come into play. Highlights: Tax management in large organizations is complex and needs precision.

Tax

Accounting Today

JUNE 16, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email Business owners who employ their children in a reasonable but limited capacity at their firms can rake in tax savings and start their kids first retirement accounts in the process. All rights reserved.

Tax

Accounting Today

JUNE 9, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Tax management platform Instead launched artificial intelligence-driven tax reports, harnessing AI to analyze full tax returns to glean tax strategies and missed opportunities. All rights reserved.

Tax

Accounting Today

JUNE 16, 2025

Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. Together, these two elements serve as the backbone of reliable financial reporting, timely filings, and successful audits. All rights reserved.

Technology

Accounting Today

JUNE 13, 2025

TaxPlanIQ adds new features Pavel Bolotov/pashabo - stock.adobe.com Tax planning solutions provider TaxPlanIQ rolled out several new features. Instead launches tax reports feature Valery Kachaev Tax management platform Instead launched an AI-driven tax reports feature. All rights reserved.

Technology

Accounting Today

JULY 18, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email A great benefit of my five-decade career in internal auditing and risk management is the opportunity to work with young people. One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession. Im one of them.

audit

Accounting Today

JUNE 13, 2025

By Chris Gaetano 11h ago Tax-related court cases Tax Fraud Blotter: Sick excuses By any other name; poor Service; a saga continues; and other highlights of recent tax cases. All rights reserved. By Jeff Stimpson June 12 Like what you see?

Technology

Accounting Today

AUGUST 4, 2025

2 to file various federal individual and business returns and make tax payments. 2 to file various federal individual and business returns and make tax payments. The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page. Quarterly estimated income tax payments normally due on Sept.

New Mexico

Accounting Today

AUGUST 1, 2025

All rights reserved.

Technology

Going Concern

OCTOBER 18, 2024

Why ‘Trust’ in Data is Even More Important in an Era of Global Taxes [ PwC ] We are in a time of unprecedented change in the global tax and compliance landscape — exemplified by the OECD’s Pillar Two. million in false deductions, causing a tax loss of about $2.3 Tomasello sold approximately $8.5

audit

Accounting Today

JUNE 16, 2025

Tax professionals gear up for a mad dash, auditors dive into quarter-end chaos, while leadership scrambles to balance capacity with unpredictable workloads. But the once-effective model of heavy lifting during tax season followed by a revenue drought isnt just outdated — its increasingly unsustainable. All rights reserved.

Technology

Accounting Today

JUNE 17, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email Private equity in the profession; green cards and exit taxes; governance for preparers; and other highlights from our favorite tax bloggers. Tax Foundation ( [link] ): Illinois policymakers should think twice before taxing GILTI. Tax Review Board. All rights reserved.

E-commerce

Accounting Today

JUNE 23, 2025

Medicaid funding would also count, and substantial cuts are expected under the tax bill now being considered in Congress "Medicaid funding in particular is a really big part of state budgets, so the potential for them to be substantial at a state level at least exists and warrants consideration," said Black. All rights reserved.

accounting standards

Accounting Today

JUNE 11, 2025

Practice management Private equity Succession planning MORE FROM ACCOUNTING TODAY Audit SEC plans ahead for PCAOB takeover The Securities and Exchange Commission is making plans in case it inherits the Public Company Accounting Oversight Boards duties if the tax bill passes. All rights reserved.

Technology

Accounting Today

JULY 18, 2025

Bloomberg announces new features for AI Assistant Bloomberg Tax and Accounting announced a bevy of new features for its AI Assistant. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios.

Technology

Accounting Today

JUNE 19, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Bloomberg via Getty Images Looking for "greater tax certainty" for large business and international taxpayers, the Internal Revenue Service has improved its Pre-Filing Agreement program. All rights reserved.

corporation tax

Accounting Today

JUNE 9, 2025

Gary Boomer June 9, 2025 10:00 AM Facebook Twitter LinkedIn Email As CPA firms grow into the $10 million to $100 million revenue range, operational complexity increases, especially during peak periods like tax season. Identify opportunities Assess pain points in tax, audit, scheduling, and advisory workflows.

Technology

Accounting Today

JUNE 9, 2025

audit clients are ready to change firms within the next three years, according to a new report. audit clients are ready to change firms within the next three years, according to a new report. Inflos "Creating a New Audit Experience for U.S. All rights reserved. Five percent of respondents answered "nothing."

auditor

Accounting Today

AUGUST 1, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email By now, anyone reading this column has heard enough about the historic set of challenges confronting tax and accounting firms. According to our recent 2025 State of Tax Professionals Report , which surveyed 639 respondents from tax, audit and accounting firms of all sizes, the No.

Technology

ThomsonReuters

JULY 23, 2025

Without it, companies and departments struggle, sclerosis sets in, and adapting to change becomes increasingly difficult. For indirect tax (IDT) teams, a lack of agility typically manifests as an increasingly frustrating awareness that the inefficient methods and processes of the past are no longer sufficient to meet the demands of the future.

Technology

Accounting Today

JUNE 23, 2025

By Paige Hagy 1h ago Investment strategies Easier said than done: Dual ETF, mutual fund share classes The industry is awaiting SEC approval for dozens of applications, even as Vanguards shareholder case highlights some of the tax complexity of the looming shift. All rights reserved.

accounting standards

Accounting Today

AUGUST 1, 2025

Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms Gaj Rudolf/Gajus - stock.adobe.com Karbon , a practice management platform for accounting firms, announced a strategic partnership with Ignition , an automation platform for recurring revenue and billing, and SmartVault , a document management and client portal.

Technology

Accounting Today

JUNE 19, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. million in taxes on income he earned from his business.

Tax

Accounting Today

JULY 16, 2025

Practice management Private equity Business development MORE FROM ACCOUNTING TODAY Audit IIA updates competency framework for internal auditors The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto. All rights reserved.

Technology