Top 100 Firm Prosperity Partners acquired Fabietti, Hale, Hammerstedt & Powers, expanding its presence in the Philadelphia market. sbrew.link/dOpCMeSk#accounting#acquisitions
.@Intuit is bringing back Credit Karma Tax after divesting it as a way to further invest in free DIY options as its sister product TurboTax focuses increasingly on live support. sbrew.link/5kmvgaky#tax#taxes
With the advances in AI, accounting graduates in 2030 will need to be ready, more than ever, to use their fundamental accounting knowledge to think critically regarding output and be ready to take on difficult, uncertain situations. sbrew.link/NNmhuvBO#accounting#AI
The IRS accepted over 470,000 electronically filed tax returns claiming $977 million in questionable deductions for automobile loan interest, according to a new report reviewing the IRS’s implementation of some of the new tax deductions that were part of last year’s tax and spending package. sbrew.link/X1WiBRRt#IRS#tax
PricewaterhouseCoopers @PwC reported that its global revenue for the fiscal year ending June 30, 2026 reached $60.2 billion, up 5.7% in U.S. dollars and 3.5% at constant exchange rates over the prior fiscal year. sbrew.link/vB3z157b#accounting
ACE Scholarships, a national Scholarship Granting Organization, is partnering with thousands of tax professionals and CPAs to raise awareness of the new Education Freedom Tax Credit that was included as part of last year’s One Big Beautiful Bill Act to provide tax credits for parents to send their children to private schools. sbrew.link/LvAy8GkF#tax#education
The @AICPA and the Artificial Intelligence Underwriting Company announced a plan to launch a joint assurance certification that combines the organizations' respective SOC 2 and AIUC-1 examination processes into a single comprehensive independent review of business risk related to AI systems and agents. sbrew.link/PC6YanTp#accounting#AI
As a CPA, your value to a high-net-worth family is not data entry; it's advice.
But in most family offices, CPAs spend the bulk of the engagement on plumbing rather than advising. sbrew.link/rAhgBJdp#accounting#FamilyOffice
The IRS and the Treasury Department released final regulations implementing allowing the IRS to directly accept payments of tax by credit or debit card, without having to connect taxpayers to third-party payment processors. sbrew.link/LeuqI7Wt#tax#IRS
The Governmental Accounting Standards Board plans to allow accountants time to adjust to its existing standards over the next two years before hitting them with new GASB standards before 2029. sbrew.link/ETYyenru#accounting
Podcast: Unlocking the capabilities of artificial intelligence may well require rethinking the entire structure of the accounting firm, suggests Ascend founder and CEO David Wurtzbacher. accountingtoday.com/podcast/…
Top 25 Firm Crowe launched a shared ownership plan for its employees following the close of its private equity investment from KKR in August. sbrew.link/4xKjyBeP
AI adoption is in the driver's seat. Governance is still riding in the back seat. Here's what the CAQ's latest survey means for the rest of 2026. sbrew.link/a0OGdSRI
The Internal Revenue Service needs to do more to identify and take action to protect taxpayers from so-called "ghost preparers" who don't sign their clients' returns and expose them to tax fraud, according to a new report from the @USGAO. sbrew.link/mFnuNrwo#tax#fraud#IRS
The IRS plans to host Tax Professional Awareness Week starting Oct. 19 with a series of webinars, videos, guidance and tools ahead of next tax season. sbrew.link/Kq9cyM72#tax#IRS
The IRS has started issuing refunds to over 50,000 taxpayers who benefited from the adoption tax credit carryforward from prior years, the latest in a series of payouts to taxpayers ahead of the midterm elections. sbrew.link/iZPR6ple#tax#IRS