Featured News
-
Survey: Most finance leaders embraced new responsibilities in 2024
A recent survey of 500 finance leaders finds that a large majority of them embraced new technology-based responsibilities in 2024.
-
Public accounting starting salaries expected to rise in 2025
A recent pay data analysis by CPA Practice Advisor forecasts a significant increase in starting salaries within the public accounting sector, with an average rise of 8.9% expected next year.
-
Survey finds clients expect auditors to use AI
A new poll of finance leaders at middle-market companies finds that clients increasingly expect their audit firms to leverage artificial intelligence (AI) to aid the audit process.
-
IRS launches ‘corporate group mailbox’ pilot program
The IRS recently announced the launch of a new pilot program to enhance secure messaging for large corporations with multiple representatives during the appeals process.
-
Survey: AI, security among top concerns for CFOs
A recent survey of finance executives finds that artificial intelligence (AI) and security are among the top concerns for CFOs heading into 2025.
-
ERC supplemental claim process now open for third-party payers
The IRS said it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims for the employee retention credit (ERC).
-
IRS updates premium tax credit FAQ
The IRS revised its FAQ regarding the premium tax credit, which assists low- and moderate-income families with health insurance premiums.
-
FASB seeks input on hedge accounting ASU
A proposed accounting standards update (ASU) seeks to clarify guidance on hedge accounting and address issues arising from the global reference rate reform initiative.
-
IRS increases special per diem rate for business travel
The IRS will increase the special per diem rates that a taxpayer uses for travel and business expenses starting Tuesday, Oct. 1.
-
Tax pros sought for IRS survey
The IRS is reaching out to tax professionals with a voluntary survey aimed at improving services for both practitioners and taxpayers.