Ledger Lowdown

Michigan Wants to Cut $5B in Taxes. Here’s the Catch.

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The IRS Just Made Tax Pro Account Actually Useful for Firms

Digital CAF management for accounting firms is finally here

The PCAOB Just Got a New Boss — And 3 New Board Members

Former EY partner Jim Logothetis takes the chair as SEC pushes 'back to basics' oversight

Another 'AI Will Replace Accountants' Startup Just Died (Despite M in Funding)

Botkeeper had the tech, the capital, and the vision. But after 11 years, the AI accounting platform couldn't make the business model work. Here's why CPAs should care.

The AICPA Just Told the IRS to Stop Making International Tax Compliance Impossible

Notice 2025-75's 'determine and document' rule is ambiguous, onerous, and needs to go

One-Third of Auditors Can't Tell If They've Been Hit by AI Fraud

AI-powered fraud is so sophisticated that 34% of senior audit leaders don't even know if their organizations have been targeted. Here's what CPAs need to do.

Tax Refunds Are Up 11% — But Your Clients Might Wait Longer to Get Them

The IRS is processing returns 12% slower this year. Here's what CPAs need to tell clients about bigger refunds and longer delays.

Palantir Reported $1.5 Billion in Profits and Paid $0 in Federal Income Tax — Legally. Here's How.

Your clients are going to ask about this. Make sure you have an answer.

$1.2B Gone. A 5% Wealth Tax Next.

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The IRS Is Overhauling Its Amnesty Program for Offshore Tax Problems — What CPAs Need to Know

The IRS Just Drew a Hard Line on Clean Energy Credits — Here's What Your Clients Need to Know

IRS Is Killing Paper Refund Checks in 2026 — Here's What CPAs Need to Tell Clients Now

Paper refund checks are (mostly) gone. If your clients are expecting a check in the mail, they need to hear from you first.