News
7 pieces of advice for CFOs from former PCAOB Chair Erica Williams
September 17, 2025
While talking on topics like AI risk and auditor accountability, she said CFOs must double down on compliance while promoting a culture that encourages whistleblowing.
Skilled for success? Accounting newcomers say yes, managers say no
September 10, 2025
Regarding the skills needed to succeed in accounting and finance roles, less-experienced employees and their managers aren’t on the same spreadsheet.
IRS assesses $162 million in penalties over false tax credit claims tied to social media
September 08, 2025
The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties.
CFOs must balance boomers’ demand for flexibility with millennial and Gen Z’s AI use
September 03, 2025
Flexibility is driving loyalty for older workers as younger peers adopt AI, a shift CFOs must navigate across pay, policy and technology.
Governor Lamont Announces Connecticut’s Minimum Wage Will Increase to $16.94 on January 1, 2026
September 03, 2025
Governor Ned Lamont today announced that beginning on January 1, 2026, Connecticut’s minimum wage will increase from the current rate of $16.35 per hour to $16.94 per hour.
Employees take AI usage into their own hands
September 02, 2025
Most workers are using tools not provided by their employers, and few see any type of internal oversight.
Treasury leaks jobs qualifying for no taxes on tips
September 02, 2025
The Treasury Department's list of 68 jobs that are eligible for tax exemptions on tips has leaked to the media and includes occupations ranging from bartenders and food servers to entertainers, performers and digital content creators.
Draft 2026 Form W-2 includes boxes and codes for tips and overtime
August 28, 2025
A draft version of Form W-2, Wage and Tax Statement, for 2026 includes boxes and codes for reporting qualified tips and qualified overtime compensation that can be deducted temporarily under the provisions of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act.
Out of office: Employers’ push for more office time meets resistance
August 27, 2025
While a flexible work schedule continues to be the norm, companies across the board have been requiring more days in the office with each passing month.
Are outsourcing and AI fast-tracking the CPA pipeline shrink?: Trial Balance
August 25, 2025
PwC’s campus hiring cuts show how technology is reshaping accounting and raises new questions about the profession’s future.
1 in 10 corporate finance and accounting execs report ‘significant’ talent shortages
August 20, 2025
A new survey by the nonprofit Controllers Council aims to quantify talent concerns in corporate F&A.
Could AI be your next boss?
August 19, 2025
Finance professionals expect to scale agentic AI within the next three years, but few employees in a new global survey are open to being managed by AI agents.
Shadow AI emerges as significant cybersecurity threat
August 15, 2025
Security incidents involving shadow AI accounted for 20% of data breaches globally and were more expensive for companies to resolve.
Return-to-office — but not for everybody
August 14, 2025
Employers enforcing return-to-office mandates could lose talent and are less likely to retain top performers.
New tax law prompts payroll questions
August 08, 2025
The One Big Beautiful Bill Act is sparking questions from employees and payroll departments about how to handle the various tax breaks, including on overtime pay.
Accounting automation’s intelligent future
August 01, 2025
Unlike robotic process automation, intelligent process automation has advanced AI that can assist with judgments previously only CPAs could handle.
25% of workers ‘very likely’ to seek a new job
July 31, 2025
It’s still an employers’ job market for now, but more employees may be getting restless in their roles, data suggests.
Shorter workweek benefits extend beyond burnout recovery
July 24, 2025
Employees with shorter workweeks are more likely to experience positive health changes and better work fulfilment, and those improvements can provide workforces with job resources to accelerate professional and personal growth.
FinCEN says it will postpone effective date of anti-money-laundering rule
July 21, 2025
Treasury’s Financial Crimes Enforcement Network (FinCEN) said Monday that it plans to postpone the effective date of a rule bringing certain investment advisers within the standards of its anti-money-laundering and countering-the-financing-of-terrorism (AML/CFT) programs as it revisits the rule.
Overworked or overwhelmed? The two sides of technology
July 16, 2025
Productivity is lacking in the workplace, according to a Microsoft survey, with technology posing both as the problem and the solution.