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Plus, Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news.

This is not a minor procedural tweak. It changes how penalty relief gets delivered to millions of taxpayers, and what we owe our clients as their advisors.

The U.S. will collect duties of between 10% and 12.5% on imports from most major trading partners, reconstructing the tariffs struck down by the Supreme Court.

Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth leader; Machen McChesney announces promotions; and other firm and personnel news from across the profession.

AI belongs at the periphery of a study, finding and verifying facts. It does not belong in the calculations.

Financial services firm Great American Holdings acquired Trampe Settles, which provides business valuation, forensic accounting, due diligence and audit services.

Private equity is fueling a wave of mergers and acquisitions, with transaction volume rising 26% year-over-year in 2025 and continuing to climb in 2026.

Sen. Elizabeth Warren (D-Mass.) is leading 13 senators in investigating whether IRS CEO Frank Bisignano misled Congress about his agency's staffing after the Trump administration gutted the IRS workforce.

The Internal Revenue Service's effort to reduce the amount of paper it deals with may be exposing taxpayer data to unwanted security vulnerabilities.

Greenshoe announced a new continuous monitoring feature, which allows public companies to discover and react to disclosure changes throughout the year.