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U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey. The 2025 Avalara Accountants Confidence Report, produced...
Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between current law and the more generous limit...
During the early days of the COVID-19 pandemic, the turbulence felt unprecedented. Fast forward to 2025, and turbulence is now the norm rather than the exception....
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the entire process, and tax compliance...
Top 50 Firm Elliott Davis announced today it is taking a private equity investment from Flexpoint Ford to accelerate the firm’s growth and expand its service...
The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax-and-spending mega bill...
Republican Senator Thom Tillis said he expects the implementation of the Section 899 “revenge tax” in President Donald Trump’s massive tax and spending bill to be...
Pamela Au/wingedwolf – Fotolia The Internal Revenue Service has released Rev. Proc. 2025-23, which updates the list of automatic procedures for taxpayer-initiated requests for changes in...
Many CPA firms struggle to raise pricing and remove problematic clients. It may get brushed off as “no big deal,” but ignoring pricing and client mix...
Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump’s campaign promises to exempt tips, overtime pay, Social Security...
