Accounting Today

09/10/2025

The IRS will furlough just under half of its staff and pause most of the agency's taxpayer services as gridlock in Congress pushes the government shutdown into its second week.

The plan, which calls for about 34,000 workers to be furloughed, represents a sharp departure from the first week of the shutdown.

The remaining 39,870 staff will work on preparing for next year's filing season, modernizing the agency and implementing President Trump's new tax law.

07/10/2025

That feeling of satisfaction and accomplishment that accountants feel at the end of a successful tax season can be shattered by a phone call from a dissatisfied client or a summons and complaint asserting a liability claim, and the risk factors for that kind of unfortunate event vary from year to year.

Tax preparers and accountants will face issues old and new as they start filing next year.

07/10/2025

Under the bill, CPA candidates can earn either a bachelor's degree with an accounting concentration and two years of experience, a master's degree and one year of experience, or an approved accounting certificate program for six months of experience.

California Gov. Gavin Newsom signed a bill that adds alternative pathways to CPA licensure, which will go into effect Jan 1. 2026.

07/10/2025

Top 25 Firm Baker Tilly announced the launch of a new AI platform made specifically for middle-market clients.

03/10/2025

More women leaders are advancing in accounting, but there's still work to be done toward equality and understanding.

Accounting firms have made progress in advancing more women into leadership positions in recent years, but female professionals are still not being promoted at the same rate as their male counterparts — and those that have reached the top of the ladder often had to invest extra effort in the ascent.

More women leaders are advancing in accounting, but there's still work to be done toward equality and understanding.

03/10/2025

The AICPA is urging the federal government to keep all IRS employees working for the duration of the shutdown.

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown.

03/10/2025

The IRS was able to steer through this past tax season despite extensive staffing cuts, but next tax season could be a problem, according to a new report.

The Internal Revenue Service was able to steer through this past tax season despite extensive staffing cuts, but next tax season could be a problem, according to a new report.

01/10/2025

Meet the top 10 members of our annual ranking of the most female-empowering workplaces in accounting.

Each year, Accounting Today recognizes the 100 Best Firms to Work For in the U.S. — and then picks the Best Firms for Women from among those based on the responses of their female staff to a comprehensive employee survey.

The top 10 members of our annual ranking of the most female-friendly workplaces in accounting.

30/09/2025

With competition to be numbered among the Best Firms to Work For hotter than ever, we're recognizing 25 extra practices as Honorable Mentions.

24/09/2025

Notice 2025-54, announces the special per diem rates for the special transportation industry rate, the rate for the incidental expenses-only deduction, and the rates and list of high-cost localities.

24/09/2025

This annual webinar highlights a roster of highly useful apps for accountants, chosen by tech-savvy practitioners. https://bit.ly/4nvXsHY

22/09/2025

The environmental, social and governance landscape can be confusing.

With evolving regulations, geopolitical challenges, and various frameworks to navigate, keeping pace with it all and developing an ESG strategy that satisfies stakeholders is no small feat for many businesses — but for accounting firms, these challenges can spell opportunity.

Regulatory uncertainty and the rapid evolution of the field leave firms with questions about ESG advisory and assurance services