Trump’s tariff shift still has markets, industry groups panicked

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.
Trump signs bill blocking IRS crypto tax rule Biden pushed

The legislation blocks an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.
House Republican sees SALT deduction limit increasing to $30K

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.
How the accounting profession is helping rebuild LA

The California Society of CPAs and the National Association of Black Accountants are helping the entertainment community, businesses and homeowners recover.
Tax Fraud Blotter: Healthy, wealthy and unwise

$20 million questions; speared; tag, you’re it; and other highlights of recent tax cases.
No AI-specific disclosure rules does not mean no AI disclosures at all

Though the Securities and Exchange Commission has yet to issue regulations specific to AI, this doesn’t mean companies are off the hook when it comes to disclosures.
House passes plan to advance Trump tax cuts, debt limit boost

President Trump’ and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.
Baker Tilly plans megamerger with Moss Adams

The two Top 25 Firms are reportedly close to a major M&A deal, creating a firm with $3 billion in annual revenue.
States move beyond the 150-hour rule

States are looking to add new pathways to CPA licensure, beyond the 150-credit requirement, amid an ongoing labor shortage.
Accounting MOVE Project launches 2025 survey

Registrations are open for the 2025 Accounting MOVE Project, with a focus on the cost of losing talent and how belonging impacts retention and growth.