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I recently analyzed 132 deals across 212 accounting firms for 2024. The 2025 predictions I’m about to share are not investment advice, so please take it...
The tax preparer known as ‘the Magician’ will pay $145 million in restitution.
While AI is still in the wild west phase that many new technologies go through, as the technology has spread there have been increasing calls from...
Prime numbers; Power play; Great White sharks; and other highlights of recent tax cases. Westbury, New York: Business owner Victor Aguayo has pleaded guilty to not...
Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the...
The Internal Revenue Service’s program for destroying sensitive paper documents needs to be improved after an inspector general’s report found its contractor was leaving many of...
The risks accountants face multiply and morph over time, and keeping up with them — and the insurance necessary to protect your firm from them —...
Today’s market for professional liability insurance is similar to markets in other industries in that it reflects the changes that the profession is undergoing. As the...
As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, “What do you think will be the biggest change in accounting in...
Bloomberg via Getty Images The Internal Revenue Service has released a new revenue procedure that expands the waiver of eligibility rules for accounting method changes for...
