Accounting February 6, 2026
AICPA News – Feb. 2026
AICPA News is a round-up of recent announcements from the American Institute of CPAs, the Association of International CPAs, and the Chartered Institute of Management Accountants (CIMA).
Small Business January 16, 2025
U.S. to Ban Red Dye #3 in Foods Due to Potential Cancer Link
U.S. health officials banned the artificial food coloring Red No. 3, which has been linked to cancer and is currently in scores of products from candy to cold medicine.
![ut_austin_house_for_rent_1_.5713d02d8e979[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/07/34677/use_for_rent_1_.5713d02d8e979_1_.5d5453fd9945a.png)
Small Business January 15, 2025
L.A. Fires: Rental Housing Costs Spike and Claims of Price Gouging in Southern California
In the Beverly Grove neighborhood of Los Angeles, the asking rent for a two-bedroom condo jumped from $5,000 to $8,000 in the wake of the fires...
Accounting January 15, 2025
Workwize Raises $13 Million in Series A Funding to Disrupt IT Asset Management for Globally Distributed Teams
Workwize, a platform for global IT hardware asset management, has closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.
![gavel1_11537663[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/03/gavel1_11537663_1_.5e6a69aa237a8.png)
Accounting January 14, 2025
AI and Litigation: How Accountants Can Stay Ahead as Courts Wrestle with the Machine Revolution
From automating processes to analyzing massive datasets, AI is reshaping the accounting landscape while lawyers and judges scramble to decide who’s responsible when it all goes wrong. From intellectual property spats to bias allegations, AI is breaking down courtroom doors, and the legal system isn’t ready.
Accounting January 14, 2025
Advisory vs. Compliance: Which Path Leads to Greater Success for Accounting Firms?
In December, more than two dozen accounting profession thought leaders participated in the latest Accounting Meta Influencers roundtable event focused on advisory services, compliance and firm specialization.
Taxes January 14, 2025
IRS, Treasury Release Final Rules for Clean Electricity Tax Credits
The Clean Electricity Investment and Production Tax Credits—also known as the "technology-neutral credits"—are intended to encourage more investments in clean energy systems over the next few years.
Accounting January 14, 2025
Report Highlights Key Trends in Tax and Accounting for 2025
Led by AI adoption, digital transformation, and a shift toward advisory services, firms are positioning themselves for sustainable growth.
Accounting January 14, 2025
AccountsIQ Acquires ExpenseIn
AccountsIQ says the acquisition reflects its vision to expand beyond finance teams into the broader business user function, bringing a multiproduct solution to the office of the CFO, including spend card management and embedded payments.
Accounting January 14, 2025
7 Pain Points AI Could Solve for Accounting and Finance Teams
"These pain points emphasize AI's potential to enhance efficiency, accuracy, and insight generation in finance by addressing time-consuming and error-prone tasks," accounting automation platform Trullion says in a new report.
Auditing January 14, 2025
Many Auditors Are Still Married to Their Excel Spreadsheets, Report Finds
"While Excel's versatility has made it a staple for decades, it's limitations—such as version control issues, manual data entry errors, and collaboration bottlenecks—are becoming increasingly problematic," accounting automation platform Trullion says in a new report.
Small Business January 14, 2025
SMB Jobs and Revenue Dropped in 2024 But Show Signs of Recovery, Says Intuit Report
Small businesses grew more slowly after the spike in interest rates if they had less access to credit. Those that were hit the hardest had up to 30% lower revenue and 4% lower employment growth compared to other small businesses.
Financial Reporting January 13, 2025
China Considers Sale of TikTok to Elon Musk to Avoid U.S. Ban
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.