The Monday Lowdown ⬇️

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

Gen Z is bringing accounting back

Gen Z has decided that accounting is cool now. Not psychedelics. Not Burning Man. Not overthrowing the system. Nope, tax returns.

They’re joining programs like VITA (Volunteer Income Tax Assistance), where they help real people with real taxes for free. By doing that, they build up experience fast. Like, six figure salary fast. Some are landing $100K+ roles straight outta college just because they know how to fill out a 1040.

And firms? They’re desperate for talent. Combine a CPA shortage with boomers retiring and millennials ghosting the profession, and suddenly Gen Z looks like a lifeline.

Source: Fortune

💎 What’s poppin in accounting

Americans Are Leaving Money on the Table

Americans are skipping out on billions in tax savings every year. We're talking simple stuff. Credits, deductions, and overlooked write offs that could shrink your bill or pad your refund. One expert said the average taxpayer misses out on $1,000+ in savings… just by not knowing what they can claim.

The worst part? Most of this isn’t complex. It’s basic stuff like retirement contributions, education credits, or even the Earned Income Tax Credit. But between confusing IRS lingo and people filing in a rush, money slips through the cracks.

Source

 📊 Weekly Trend Chart

Harvard's "Tuition Cuts"

Harvard just announced tuition breaks for families making up to $200K. But scroll up and look at this chart. This place has been jacking up prices like it’s running a damn airline. From $58K in 2015 to $87K in 2026. And now, suddenly, they’re generous?

No. They’re scared. Donations are drying up. Congress is coming. So they’re tossing out financial aid like it's rice at a wedding, Harvard’s trying to clean up its image before someone comes for the $53B endowment.

#😂 

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