Featured News
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IRS requires tax pros to use MFA for account security
The IRS and its Security Summit partners have made multi-factor authentication (MFA) mandatory for tax professionals to protect clients' sensitive information.
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FASB releases 2024 Investor Outlook report
The FASB released its 2024 Investor Outreach Report, highlighting the board's engagement with investors.
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Tax pro complaint leads to review of advocate phone service
A tax practitioner’s complaint about the long wait for a response to help a client with financial hardship led to an unflattering review by the Treasury Inspector General for Tax Administration.
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Survey: 60% of firms expect to hold finance staffing steady
While most firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a recent survey.
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NPAG publishes accounting talent strategy report
The National Pipeline Advisory Group (NPAG) has published a report that calls for a profession-wide effort to bolster the supply of accounting talent.
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Nationwide effort to add accounting to STEM education moves forward
The AICPA and all 54 state CPA societies, including the WICPA, sent a letter to the Department of Homeland Security (DHS) requesting it add accounting to its STEM education.
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AICPA offers comments on domestic content bonus credit
The AICPA has provided recommendations to the IRS and Treasury on interim guidance regarding the domestic content bonus credit.
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Generative AI boom hits M&A market
About eight in 10 dealmakers responding to a new poll said that generative artificial intelligence (AI) has had some effect on their merger-and-acquisition (M&A) activity.
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Wisconsin DFI launches investment scam tracker
The Wisconsin Department of Financial Institutions (DFI) has introduced a new investment scam tracker designed to help residents identify and avoid financial investment scams.
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IRS must enhance Login.gov security, watchdog says
A recent watchdog report highlights the need for the IRS to strengthen its security controls for the expanded use of the single sign-on service, Login.gov.