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SEC and PCAOB Enforcement Hit Multi-Year Lows in 2025

SEC and PCAOB Enforcement Hit Multi-Year Lows in 2025

SEC brought 68% fewer accounting and auditing actions than in 2024. PCAOB finalized just 37 actions, lowest since 2021. What the pullback means for audit firms in 2026.

Emily Asher
IRS 2026 Dirty Dozen: New Form 2439 Capital Gains Scam Added

IRS 2026 Dirty Dozen: New Form 2439 Capital Gains Scam Added

Promoters are charging fees to find phantom undistributed capital gains that do not exist. How to protect your clients before April 15.

Emily Asher
IRS Releases Schedule 1-A: How to Claim the New Tips, Overtime, and Senior Deductions

IRS Releases Schedule 1-A: How to Claim the New Tips, Overtime, and Senior Deductions

The IRS published official forms and instructions for the One Big Beautiful Bill deductions. If clients are filing in the next two weeks, here is what they need.

Emily Asher
I let ChatGPT do my taxes. My CPA wasn't impressed.

I let ChatGPT do my taxes. My CPA wasn't impressed.

just added the borders

Emily Asher
The AI Tax Trap: What Happens When ChatGPT Gets Your Client's Return Wrong

The AI Tax Trap: What Happens When ChatGPT Gets Your Client's Return Wrong

Emily Asher
RIAs and CPAs Are Rethinking Partnerships — Here's What's Changing

RIAs and CPAs Are Rethinking Partnerships — Here's What's Changing

Emily Asher
The PCAOB Just Got an EY Guy, the IRS Is Running on Fumes, and 100 Business Groups Want BOI Dead

The PCAOB Just Got an EY Guy, the IRS Is Running on Fumes, and 100 Business Groups Want BOI Dead

New PCAOB chair, shutdown staffing chaos, BOI backlash, and why your AI still needs a babysitter.

Emily Asher
The ASB Just Published Its 5-Year Roadmap. Here's What's Changing in Audit.

The ASB Just Published Its 5-Year Roadmap. Here's What's Changing in Audit.

Fraud standards, AI guidance, sustainability assurance, and going concern updates — all coming through 2030.

Emily Asher
The IRS Just Released Schedule 1-A. Here's What Your Clients Can Claim Right Now.

The IRS Just Released Schedule 1-A. Here's What Your Clients Can Claim Right Now.

Tips, overtime, car loans, and the enhanced senior deduction all land on one form. Here's what CPAs need to know this filing season.

Emily Asher
26% of Americans Are Using AI to File Taxes. Here's What CPAs Need to Know.

26% of Americans Are Using AI to File Taxes. Here's What CPAs Need to Know.

AI tax prep is doubling yearly. The problem: AI tools do not know about OBBBA changes. Clients will file wrong.

Emily Asher
65% of Tax Firms Say AI Won't Replace CPAs. Here's Why That's Complicated.

65% of Tax Firms Say AI Won't Replace CPAs. Here's Why That's Complicated.

1 in 5 Americans use AI for taxes. The NATP director says it makes things up. Here is what CPAs need to tell clients.

Emily Asher
This Small Business Owner Built an AI C-Suite. Here's What CPAs Should Tell Clients.

This Small Business Owner Built an AI C-Suite. Here's What CPAs Should Tell Clients.

Kyle Ray uses AI for the first pass, then hands it to his CPA. The new workflow is spreading fast.

Emily Asher