Ledger Lowdown
Get the most important accounting, tax, and finance news in a free daily email. Trusted by 70,000+ accountants, CPAs, and tax strategists.
Connect
AI adoption in finance jumped hard. The control work did not move nearly as fast.
The new nomination cycle could reshape where client capital gets tax-favored treatment for the next decade.
just added the borders
A proposed accounting change could make some investment-company holdings look less valuable on paper.
AI is giving fraudsters better tools, but the first warning signs still look painfully familiar.
A Portland firm joined CLA, and the quiet part of accounting firm growth got louder again.
A routine IRS letter is turning into a client-service problem for firms that can prove which notices are wrong.
A new safe harbor gives family and friends a cleaner way to contribute without creating gift tax reporting headaches.
A denied appeal leaves taxpayers exposed to old IRS assessments when a return preparer committed fraud, even if the taxpayer says they had no idea.
