April 17, 2025
Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation
Manual AR, AP and invoice processes lead to inefficiencies, compliance risks, payment delays and increased vulnerability to fraud.
Accounting April 17, 2025
Financial Accounting Foundation Issues Annual Report
The report also includes perspectives from Financial Accounting Foundation leaders, who provide the oversight and accountability that are fundamental to the standard-setting process.
Taxes April 16, 2025
IRS Direct File Likely to Be Shut Down After This Year
The Trump administration is reportedly planning to pull the plug on IRS Direct File, the free online service that allows many taxpayers to file their tax returns directly with the agency.
IRS April 16, 2025
IRS Updates RIF Plans, Could Lay Off Up to 40% of Workforce
An internal memo said the IRS workforce, which sat at approximately 100,000 when President Donald Trump took office on Jan. 20, could be reduced to as little as 60,000 to 70,000 employees in the coming months.
Accounting April 16, 2025
Here Are the 50 Most Prestigious Accounting Firms, According to Vault
A new ranking for 2026 from career website Vault.com is now out to remind accountants and soon-to-be accountants in college about which public accounting firms are considered the most prestigious in the U.S.
Accounting April 16, 2025
Sage and Wipfli Team Up for New Tech Innovations for Healthcare
Sage Intacct Clinical eProcurement and Sage Intacct EMRConnect were developed in partnership with Wipfli and are designed to address the unique needs of healthcare finance leaders.
Taxes April 16, 2025
How to Navigate Depreciation Deductions for Business Property
Generally, you can claim depreciation-related tax breaks for qualified business property that is “placed in service” during the year. But in a new case involving a yacht chartering operation, the Tax Court acknowledged that these can be tricky tax waters.
IRS April 16, 2025
Roughly 20,000 IRS Workers Have Requested DRP 2.0 Offer, Reports Say
About one-fifth of the IRS workforce has requested to take an offer through the second deferred resignation program to be put on paid administrative leave through the end of September.
Accounting April 15, 2025
13 is Not an Unlucky Number For PwC
For the 13th consecutive year, PwC was named the top accounting firm in the U.S., according to the latest ranking of the best 25 firms to work for in 2026 from Vault.
Accounting April 15, 2025
Auditors Once Feared AI Would Take Their Jobs, Now They Need it to Save the Profession
The widespread growth of GenAI-powered tools for audit firms has made it possible to scale quickly. For firms that have not yet committed to adapting, however, the performance gap with firms that have will soon start to reveal itself.
IRS April 15, 2025
IRS Chief Information Officer to Exit Agency
Rajiv Uppal, who has served as CIO since January 2024, is leaving the agency, adding to the growing list of IRS leaders who are planning their exits as a result of the Trump administration's plan to reduce the federal workforce.
Accounting April 15, 2025
AICPA Signals Strong Support for Legislation Recognizing Accounting as STEM
The American Institute of CPAs (AICPA) is signaling its strong support for bipartisan legislation to establish the accounting profession as a career pathway through Science, Technology, Engineering and Math.
Contributors
Amy Vetter
CPA, CITP, CGMA
Brian Tankersley
CPA, CITP, CGMA
Bryan Cytron
Vice President, Cytron and Company
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
