The Treasury Department and the IRS issued proposed regulations threatening to end the tax-exempt status of schools that offer programs to help minority groups.
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The core issue is not that small firms are fundamentally worth less; it's that they lack access to buyer competition.
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The common assumption is that closing the AI skills gap means teaching accountants new technical skills. But the real gap is structural: whether a firm has redesigned its governance, roles, and workflows around AI.
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A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.
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For the 2026 Top Firms by Assets Under Management, managing the growth of their own practices is as much a challenge as growing their clients' wealth.
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The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.
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This year's top resellers in the accounting space say they're facing greater expectations on a number of fronts.
The proposed investment rules for Section 530A accounts, also known as Trump accounts, limit choices, and advisors say that could make decisions easier.
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The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.
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Many of the tools Jeffrey Epstein employed in the tax transactions cited in a report have been used by other billionaires to generate massive tax savings.
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Charleston, West Virginia-based Gray Griffith & Mays acquired Lambright & Gutta, effective as of Sept. 2.
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Lancaster, Pennsylvania-based Trout CPA acquired Schiff & Associates, expanding the firm's dental advisory practice.
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The Financial Accounting Standards Board posted a proposed accounting standards update with targeted improvements to the Accounting Standards Codification.
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Showcasing technologies that modernize the tax preparation process, using AI and integrated workflows. These can include: automating data intake, streamlining review and filing and improving accuracy and client collaboration.
Showcasing technologies that streamline firm operations and boost productivity across the entire accounting practice. These can include: automating client onboarding, task management, billing and workflow coordination.
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Sponsored by BILL Sept 2026 - Partner Insights from Thatch
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Partner Insights from Wolters Kluwer -
Partner Insights from Fieldguide (LSL)
