The Shifting Sands of Self-Employment Tax: A Deep Dive into the Evolving Legal Battle Over Partnership Income
A complex and often overlooked legal debate is unfolding in the nation’s courtrooms, with significant potential tax implications for partners who receive pass-through income subject to self-employment taxes. This ongoing…
The Illinois CPA Society Launches Manager Experience Survey to Address Critical Gaps in Accounting Talent Pipeline
The Illinois CPA Society (ICPAS) has announced the launch of a significant new research initiative, the "Manager Experience Survey," aimed at delving into the often-overlooked challenges and support needs of…
IRS Maintains Stable Interest Rates for Tax Underpayments and Overpayments for Q4 2026
The Internal Revenue Service (IRS) announced on Friday that interest rates for both tax underpayments and overpayments will remain unchanged for the fourth calendar quarter of 2026, commencing October 1st.…
Sovos Honors Top Partners for Excellence in Global Tax Technology Leadership
Sovos, a prominent leader in tax compliance and regulatory solutions, has officially unveiled the distinguished recipients of its 2026 Partner of the Year Awards. This annual recognition ceremony celebrates partners…
The Bar is Set High: New Tax Court Ruling Underscores Taxability of Legal Settlements Even When Funds Don’t Reach Taxpayer Pockets
In a significant development for individuals involved in civil litigation, a recent Tax Court ruling in Eiler, 167 TC No. 3, 7/14/26, has reinforced the Internal Revenue Service’s (IRS) stance…
America’s Small and Middle-Market Organizations Remain Confident but Seek Measurable AI Value
Small and middle-market organizations across America are exhibiting sustained optimism about their future economic standing. However, a significant challenge has emerged: demonstrating tangible, measurable business value from their investments in…
The Lingering Shadow: Over a Quarter of Companies Struggle to Rebuild Workplace Culture Post-Layoffs
A significant portion of the corporate world is still grappling with the aftermath of workforce reductions, with over one in four companies (25.2%) admitting their workplace culture has not yet…
Navigating the Double-Edged Sword of Rapid Growth: Strategies for Sustainable Success in CPA Firms
The exhilarating rush of rapid business expansion within Certified Public Accounting (CPA) firms presents a complex paradox for managing partners and firm administrators. While surging client demand and increasingly significant…
Turning Ambition into Commercial Value: Agentic AI’s Real-World Impact for Accountants
The accounting profession stands at a pivotal moment, grappling with the burgeoning capabilities of agentic artificial intelligence. While a significant segment of accountants and bookkeepers are actively exploring its potential,…
MindBridge Analytics and Fieldguide Forge Strategic Alliance to Revolutionize Audit and Advisory Services with Integrated AI
MindBridge Analytics Inc., a pioneer in Augmented Assurance, and Fieldguide, an innovative AI-native platform designed to transform advisory and audit services through human-AI collaboration, have announced a significant strategic partnership.…

















