Julia Chirkova
- Accounting Industry News & Standards
- October 7, 2026
- 136 views
Senate Democrats Urge IRS to Remove Citizenship and Work Authorization Question from 2026 Tax Form
Nearly a dozen Senate Democrats are strongly urging IRS CEO Frank Bisignano to retract a newly proposed citizenship and work authorization checkbox from the final iteration of the 2026 Form…
- Accounting Industry News & Standards
- October 6, 2026
- 34 views
Mastering Financial Acumen: The Cornerstone of Small Business Resilience and Growth
For the burgeoning landscape of local shop owners, independent service providers, and ambitious entrepreneurs launching side hustles, the most formidable challenge often lies not in the execution of their craft,…
- Accounting Industry News & Standards
- October 6, 2026
- 147 views
IRS Abrogates 71 Guidance Documents Amidst Deregulatory Push
The Internal Revenue Service (IRS) has officially obsoleted a substantial collection of 71 revenue rulings, revenue procedures, notices, and announcements, previously published in the Internal Revenue Bulletin. This action is…
- Accounting Industry News & Standards
- October 5, 2026
- 140 views
The Great CPA Consolidation: Private Equity’s Grip Tightens, But Independence Endures
The accounting profession is in the throes of a significant transformation, marked by a relentless wave of mergers and acquisitions driven by private equity (PE) investment. Headlines are dominated by…
- Accounting Industry News & Standards
- October 3, 2026
- 45 views
Navigating the FTC Safeguards Rule: A Practical Guide for Tax and Accounting Firms
The Federal Trade Commission (FTC) Safeguards Rule, a critical component of the Gramm-Leach-Bliley Act (GLBA), has become a topic of hushed concern among tax and accounting firm owners. While many…
- Accounting Industry News & Standards
- October 3, 2026
- 33 views
Farmington Hills Tax Preparer Pleads Guilty to Orchestrating Multi-Million Dollar COVID-19 Loan Fraud Scheme
A Farmington Hills, Michigan, man has admitted to orchestrating a sophisticated COVID-19 loan fraud scheme, defrauding the federal government of over $2 million through the Paycheck Protection Program (PPP). Jawan…
- Accounting Industry News & Standards
- October 3, 2026
- 170 views
American Express Unveils Next Generation of Amex Corporate with Integrated Cashback, Expense Management, and AI Capabilities
American Express has officially launched what it describes as “the next generation of Amex Corporate,” a comprehensive suite of new functionalities and features designed to streamline corporate spending management for…
- Accounting Industry News & Standards
- October 3, 2026
- 35 views
GPO Partners Joins Abacus Worldwide, Expanding International Network in Central Africa
GPO Partners, an established accounting, audit, tax, and advisory firm with a significant presence across Rwanda, Burundi, and the Democratic Republic of the Congo, has announced its integration into Abacus…
- Accounting Industry News & Standards
- October 2, 2026
- 179 views
The Alter Ego Theory Falters in Tax Court, Underscoring the Imperative of Robust Recordkeeping for Small Business Owners
A recent Tax Court memorandum, Risan, TC Memo 2026-78, filed September 2, 2026, has provided a stark reminder to small business owners that the concept of an "alter ego" –…
- Accounting Industry News & Standards
- October 2, 2026
- 157 views
America’s Workplace AI Temp Check Reveals Significant Regional Disparities in Business Adoption of Artificial Intelligence
A comprehensive new analysis of U.S. business activity in the first half of 2026 has revealed a significant and uneven adoption of artificial intelligence (AI) across the nation. The report,…
