The IRS needed a month to process paper tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.
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Argentina is quickly becoming a promising offshoring destination, not just for the accounting profession, but for technology and other back-office services.
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The United States is closer than it has ever been to a coherent framework for digital assets, and the accounting profession has a direct stake in getting the next few months right.
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Four potential obstacles to watch out for on the way to new clients and new services.
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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.
With extensive staffing cuts at the IRS since last year, fresh questions are arising over the usefulness of the CAP program for corporate taxpayers.
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New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.
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The Federal Accounting Standards Advisory Board is looking for a new leader to succeed its current executive director, Monica Valentine, who plans to retire at the end of this year after over 35 years at FASAB.
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The saga has triggered a leadership shake-up at the firm after whistleblower allegations that confidential client information was used to help secure business.
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Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.
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Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.
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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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