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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.
A new child savings account may look like another compliance item. For firms willing to track, coordinate, and plan around it, the real opportunity is much bigger.