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Latest News & Web Pages
How CFOs can defuse the time bomb of PTO liabilities
1+ day, 33+ min ago (291+ words) There's a ticking time bomb on many companies' balance sheets, and it's getting larger by the day: paid time off liabilities." PTO accounts for a quarter of the overall cost of benefits, which is over $1 trillion " around $7, 600 per full-time employee....
Intuit launches Quick Books Workforce for HCM, payroll
1+ day, 1+ hour ago (339+ words) Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through the release of its new solution Quick Books Workforce." The new platform, which is built on the technology of the Go Co HR platform…...
Trump's latest 10% tariffs found unlawful by US trade court
1+ day, 3+ hour ago (1164+ words) President Donald Trump's 10% global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration's economic agenda, just months after the U. S. Supreme Court vacated earlier levies he'd imposed. A divided three-judge panel at the U. S. Court…...
On the move: Schneider Downs names new leaders
1+ day, 3+ hour ago (122+ words) These summaries were drafted using AI and subjected to editorial review. Plus, Forvis Mazars promotes 50 new partners and managing directors; Cohn Reznick names a new chief technology officer; and more personnel and firm news from across the profession. Accounting ERP…...
Post'AI client expectations: Why predictive insight is the new baseline
1+ day, 3+ hour ago (587+ words) For decades, accounting services have been defined by precision, compliance and historical reporting. Clients hired firms to get clean books, accurate tax filings and reliable financial statements. However, the rise of AI, especially predictive and generative tools, is quietly rewriting…...
The bust in US home solar has worsened after Trump ends subsidies
1+ day, 3+ hour ago (752+ words) The U. S. residential solar industry knew this year would be tough after President Donald Trump's One Big Beautiful Bill ended a lucrative homeowner tax break for buying panels. So far, it's looking even worse than feared." "It's a zero-growth sector," said…...
Xero founder returns New Zealand prize after misconduct claims
1+ day, 3+ hour ago (351+ words) Rod Drury, the founder of ASX-listed accounting software firm Xero, has handed back the New Zealander of the Year prize he won just weeks ago following allegations of sexual misconduct involving former employees. Drury denies the allegations made by three…...
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
1+ day, 8+ hour ago (1184+ words) Global banks, tech giants and governments were sent scrambling last month to contain the risks posed by Mythos, the Anthropic model said to be so powerful that it has found thousands of previously unknown vulnerabilities in the world's software infrastructure....
NY announces $268 B budget deal including second-home tax
1+ day, 22+ hour ago (728+ words) New York Gov. Kathy Hochul announced a tentative deal to impose a tax on second homes in New York City as part of a $268 billion budget that will also weaken the state's climate law. Budget discussions this year have been…...
KLR adds Restaurant Accounting Solutions
2+ day, 1+ hour ago (235+ words) KLR acquired Restaurant Accounting Solutions, strengthening the Top 100 Firm's expertise in the restaurant industry as well as its client accounting services capabilities. KLR, based in Tulsa, Oklahoma, ranked No. 81 on Accounting Today's 2026 Top 100 Firms list. It reported $86. 7 million in revenue,…...