News
Driving efficiency or driving workers toward burnout? How AI is being used
September 15, 2026
Many businesses appear more focused on building an efficient workforce than an empowered one, and artificial intelligence is being used in ways that are overwhelming many employees.
Congress returns before midterms sprint, but no action expected on AI
September 14, 2026
Both chambers of Congress return to Capitol Hill this week for a brief session before heading back to the campaign trail until mid-November.
CT launches $5M tax credit to help small businesses offer health insurance
September 14, 2026
The state is offering small businesses a new tax incentive worth up to $1,000 per employee annually to encourage more employers to provide health coverage as insurance costs continue to rise.
Only 35% of AI usage time is productive, workers say
September 14, 2026
Executives spend almost twice as much time working with artificial intelligence tools as other employees.
CT enjoys robust pension investment returns
September 11, 2026
The returns mark the fourth consecutive year pension investments have eclipsed the state’s 6.9% target.
D.C. Circuit blocks IRS from sharing taxpayer data with ICE
September 11, 2026
A federal appeals court has affirmed a preliminary injunction blocking an IRS policy that disclosed thousands of taxpayers’ addresses to immigration authorities, agreeing the agency’s automated process likely violated the strict confidentiality protections Congress built into the Tax Code.
FASB Issues Standard to Improve Investment Company Fair Value Reporting
September 09, 2026
The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves how investment companies such as mutual funds measure the fair value of an equity security that is subject to a contractual sale restriction.
PCAOB Adopts Amendments to Its Quality Control Standard
September 09, 2026
The Public Company Accounting Oversight Board (PCAOB) today adopted amendments(PDF) to certain provisions of QC 1000, A Firm’s System of Quality Control, and related amendments to PCAOB forms and the QC reporting rule.
PCAOB finalizes simplified quality control amendments
September 09, 2026
The PCAOB on Wednesday adopted previously proposed amendments to QC 1000, A Firm’s System of Quality Control, setting the stage for the board that oversees audits of public companies to consider a quality control-focused approach to future inspections.
Republicans Float $2B Cuts In Taxes, Costs
September 09, 2026
Legislative Republicans made their plea for voters to elect more members of their party in November, offering reductions or outright elimination of about a half-dozen taxes or fees in return.
FASB Seeks Public Comment on Proposed Codification Improvements
September 08, 2026
The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) focused on targeted improvements to the FASB Accounting Standards Codification®. Stakeholders are encouraged to review and provide input on the proposed ASU by November 19, 2026.
The culture that makes change possible
September 08, 2026
A firm can have the right plan for change, but it still needs people to make it work. Culture is what helps turn that plan into something that lasts.
Data privacy is CFOs’ top focus, while AI is 6th but gaining, research finds
September 04, 2026
So far, it’s proving easier to assess the ROI of other business transformations than that of artificial intelligence.
Security Summit: Strengthen defenses against tax identity theft
September 04, 2026
Multifactor authentication, IP PINs, and secure online accounts add layers of protection.
CFO hires increasing; average age of hires decreasing
September 03, 2026
If the first half of 2026 is any indication, opportunities for CFO roles at large companies are on the rise — and younger candidates are getting a closer look.
Economic Confidence Improves, But Businesses Pull Back on Spending Plans As Uncertainty Persists, AICPA and CIMA Survey Finds
September 03, 2026
U.S. and global economic confidence improved in the third quarter, though inflation, cost pressures, and geopolitical uncertainty remain top concerns. Hiring sentiment strengthens as inflation and cost pressures remain top concerns.
From Awareness to Action: Building Your Firm’s Responsible AI Strategy
September 03, 2026
Artificial intelligence now presents one of the most important strategic choices facing accounting firms: how to capture meaningful productivity gains while protecting quality, confidentiality, and professional judgment. Most accountants have developed experience with generative artificial intelligence tools through experimentation, but that is no longer enough. The time has come for firms to move from informal use to a structured plan for integrating both generative and agentic artificial intelligence safely, responsibly, and measurably. This article outlines a practical framework to help firm leaders do that.
4 Excel features that make reviewing large spreadsheets easier
September 01, 2026
I frequently work with large Excel workbooks containing thousands of rows, multiple worksheets, and complex supporting schedules. Navigating these workbooks and reviewing information can be time–consuming. Are there Excel features that can make reviewing large spreadsheets easier and more efficient?
How to start with AI and handle constant change
September 01, 2026
Editor’s note: Small firms frequently turn to Stephanie Otero, CPA, the AICPA’s small firm advocate, with questions. In this column, she shares practical guidance on AI, navigating change, and focusing on what matters most.
IRS enforcement activity fell despite record tax collections, TIGTA says
August 31, 2026
IRS enforcement activity declined in fiscal year 2025 after staffing levels fell and supplemental funding was exhausted, even as taxpayers paid a record $5.3 trillion in federal tax revenue, an agency watchdog said in a report.