1+ hour, 8+ min ago  (644+ words) Knowing your clients is one thing; knowing how they're changing over time is something else again " something Top 10 Firm RSM knows well, having just literally redefined one of its most important client bases: the middle market. The firm recently conducted…...

1+ hour, 38+ min ago  (632+ words) For many accounting firms, the growth path isn't blocked by a lack of clients. It is constrained by time. When I launched my virtual accounting services firm, my goal was simple: to help small and midsized businesses access high-quality financial…...

17+ hour, 44+ min ago  (188+ words) The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general and tax fraud whistleblowers. For tax years 2023 and 2024, 45,386 returns claimed about…...

23+ hour, 27+ min ago  (453+ words) Canada's top securities regulator alleged that KPMG LLP, the auditor for four funds managed by collapsed private lender Bridging Finance Inc., failed to properly value the loans held within the funds, harming investors. The Ontario Securities Commission claimed in a…...

21+ hour, 22+ min ago  (155+ words) The IFAC board approved the revisions to Statements of Membership Obligations in February. IFAC has posted a table summarizing the revisions along with a frequently asked questions document to help its members understand the changes. IFAC also plans to host…...

22+ hour, 38+ min ago  (569+ words) People with Individual Taxpayer Identification Numbers are claiming millions of dollars in tax credits for which they're not eligible, according to a new report. The report, released by the Treasury Inspector General for Tax Administration, found that for tax years…...

19+ hour, 33+ min ago  (343+ words) EY has told U.S. tax staff they need to be in the office an average of three days a week, in a tightening of the firm's hybrid working policy." Staff in the accounting and consulting firm's U.S. tax business will be required…...

19+ hour, 33+ min ago  (396+ words) Private sector employers added 62,000 jobs in March, payroll giant ADP reported Wednesday, as annual pay grew 4.5% year over year." The smallest business drove most of the job growth for the second month in a row, while hiring in trade, transportation…...

1+ day, 1+ hour ago  (450+ words) With all the M&A activity in public accounting today, buyers and sellers alike will benefit from Cringe, a new agentic AI matchmaking app that surveys potential buyers and sellers on your behalf and constructs responses as if they're from…...

1+ day, 19+ hour ago  (160+ words) March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers. Off to the races" Name, image, and likeness Clean up in Aisle 12 Over a million of tax-favored accounts are eligible for a $1,000 contribution by the…...