Ledger Lowdown

IRS Wants AI to Cut Your CPA Bill

Taxpayer privacy takes a hit, Trump’s payout pitch gets a tax twist, and Microsoft shops for AI.

AI Just Picked A Fight With CPA Fees

The IRS asked a simple fee question. CPA firms heard a much bigger pricing problem.

Opportunity Zones Are Back With A New Tax Clock

The old opportunity zone deadline is turning into a new client planning machine.

IRS Shares 47,000 Addresses With ICE, Trump Floats $5,000 Payout

Taxpayer privacy takes a hit, Trump’s payout pitch gets a tax twist, and Microsoft shops for AI.

Trump's $5,000 Payout Became A Tax Refund Question

The campaign promise sounds simple until someone has to turn it into a tax form.

IRS Data Sharing With ICE Hit A Court Wall

The ruling keeps taxpayer-return privacy rules in place while the lawsuit continues.

Bad Hires, AI Referrals, and Netflix’s $324 Billion Crown

CPA Firms Measure Clients Better Than Staff

Firms can spot a client's weak margin fast, then miss their own hiring leak for months.

ChatGPT Is Becoming The New CPA Referral Desk

Prospects are asking AI for firm names before Google ever sees the search.

KPMG Cuts Partner Pay as Consulting Slumps

KPMG Cut The Partners Who Cost The Most

KPMG Australia is trimming the top of its partnership while scandal costs and weak consulting demand squeeze the firm.

Trump Put 18,000 Schools On Tax Watch

A proposed Treasury and IRS rule would turn race-based school policies into a tax-exempt status problem.