In Accounting, Tough Review Is Part of the Job. But How Tough Is Too Tough?
Shayne Kuhaneck still remembers the review that could have ended his accounting career before it really started. Nearly 20 years …
Dems Oppose Treasury on Partnership Rules, Refundable Credits
Democratic lawmakers sent separate letters to Treasury Secretary Scott Bessent on April 21, 2026, opposing two Treasury Department proposals: one …
PCAOB Chairman Logothetis Plans Overhaul of Audit Inspections to Protect Investors
Emphasizing that the audit inspection program is the most important aspect of the Public Company Accounting Oversight Board (PCAOB), new Chairman …
Do HIPAA Notices of Privacy Practices Need to Be Updated to Address Part 2 Records?
QUESTION: Our company sponsors a group health plan with several vendors (a third-party administrator, care management vendor, and behavioral health vendor). …
SaaS Bubble Gets a Reality Check as Growth Slows and AI Turns Up the Heat
The easy-money days for software-as-a-service companies are over. For years, SaaS firms had a Wall Street-ready story: customers subscribe, revenue …
House Approves Multiple Tax Administration Bills
The House advanced a series of bipartisan bills to improve tax administration via a fast-track procedure on Monday. The chamber …
A Push to Boost the Pass-Through Deduction
After the One Big Beautiful Bill Act (OBBB) extended a provision allowing many small business owners to deduct 20% of …
AI in Payroll: Efficiency Gains Come With Firm Limits, Expert Warns
As payroll teams face increasing pressure to process high volumes of data accurately and on time during tax season, artificial …
House Committee Votes to ‘Gut’ Corporate Transparency Act
The House Committee on Financial Services voted 26-25 on April 21 to advance legislation that would limit Corporate Transparency Act …
Banks File a Cash-Flow Statement Few Investors Use. Should It Be on the Chopping Block?
Why are banks still cranking out cash-flow statements that hardly anyone reads? That was the uncomfortable question hanging over a …