The Latest

While many companies are insisting employees return to the office, accounting and payment platform Bill is going the opposite direction, announcing that it is going to become a remote-first workplace.

The core issue is not that small firms are fundamentally worth less; it's that they lack access to buyer competition.

The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.

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.

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.

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.

Charleston, West Virginia-based Gray Griffith & Mays acquired Lambright & Gutta, effective as of Sept. 2.

Lancaster, Pennsylvania-based Trout CPA acquired Schiff & Associates, expanding the firm's dental advisory practice.

The deal expands the Top 25 Firm's assurance and consulting practice, and strengthens its industry and service capabilities.

The Financial Accounting Standards Board posted a proposed accounting standards update with targeted improvements to the Accounting Standards Codification.