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Latest News & Web Pages
Accounting's AI arms race
3+ hour, 34+ min ago (1089+ words) Artificial intelligence isn't going anywhere, and firm leaders are in an arms race to adopt the technology. "We view AI as a force multiplier " not a replacement " for our professionals," said Russell Shinsky, managing partner at Anchin in New York…...
Trump seeks to woo seniors by touting tax law, drug cost push
48+ min ago (684+ words) President Donald Trump argued that his economic agenda had delivered for older Americans and lowered their costs of living as he sought to rally their support before November's midterm elections. Trump on Friday took his economic pitch to The Villages…...
New paths to growth
1+ hour, 7+ min ago (591+ words) Your firm won't grow just because you want it to; it requires the kind of disciplined, intentional approach that Jane Woodling, marketing director of Marketri, lays out in this episode. Thanks, Dan. Great to be here. Yeah, this is a…...
FASAB proposes expedient for embedded leases
2+ day, 22+ hour ago (265+ words) The Federal Accounting Standards Advisory Board issued an exposure draft of a proposed Statement of Federal Financial Accounting Standards that would provide a practical expedient when it comes to reporting on embedded leases in federal government contracts. FASAB is asking…...
Lawmaker introduces bill to expand EITC
2+ day, 19+ hour ago (277+ words) Rep. Kristen Mc Donald Rivet, D-Michigan, introduced the Working Parents Tax Relief Act, which would expand the Earned Income Tax Credit by giving parents up to an additional $5, 500 per child under the age of four, for up to a maximum…...
Maryland signs alternative pathway bill into law
2+ day, 23+ hour ago (218+ words) Maryland Governor Wes Moore signed a bill adding an alternative pathway to CPA licensure on Tuesday. The bill earned unanimous support from both the state House and Senate in early April. It was sponsored by Delegates Kriselda Valderrama, Lily Qi…...
Sikich acquires Jefferson Wells
3+ day, 3+ hour ago (251+ words) Top 50 Firm Sikich acquired Milwaukee-based Jefferson Wells from Manpower Group, effective as of April 30. The deal strengthens Sikich's presence in health care, life sciences, manufacturing and distribution and brings expertise in financial services, technology and energy. The transaction was valued…...
First Brands creditor sues auditor BDO over missed red flags
2+ day, 23+ hour ago (701+ words) A lender that owns First Brands Corp. debt sued auditor BDO USA P. C. , alleging it failed to detect problems at the auto parts supplier before it collapsed into bankruptcy and federal prosecutors accused founder Patrick James of fraud. Funds managed by…...
On the move: Aprio taps lead for new data and AI practice
3+ day, 4+ hour ago (126+ words) The law, effective Oct. 1, 2026, will create a third pathway that allows candidates to earn their CPA license with a bachelor's degree, two years of experience and passing the CPA exam. The deal strengthens Sikich's presence in health care, life sciences,…...
NY pied--terre tax needs significant rates to earn $500 M
3+ day, 26+ min ago (661+ words) Luxury second homes in New York will have to be taxed at a "significant" amount to generate the $500 million of revenue the city is counting on to help close a gaping budget hole, according to a new study from New…...