Top News
- IRS Taxpayer Assistance Centers provided wrong answers July 2, 2026The Internal Revenue Service's Taxpayer Assistance Centers staff provided incorrect advice about the tax laws in nearly half the visits by inspectors.Michael Cohn
- BMSS expands, launches BMSS Family of Companies July 2, 2026BMSS Advisors & CPAs acquired Aviso Group, extending the Top 100 Firm's footprint in Alabama and launching the BMSS Family of Companies.Paige Hagy
- State Street tapped as default for Trump account investments July 2, 2026Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.Paige Smith
- Two Ascend firms expand in California and Georgia July 2, 2026LevitZacks and Wilson Lewis completed acquisitions, effective as of June 1, growing their footprints in their respective states.Paige Hagy
- What does an AI-driven IRS mean for small accounting firms? July 2, 2026The IRS against which your clients filed last year is not the same agency reviewing their returns today.Allison Rinehimer
- Boomer's Blueprint: Why 150 audit leaders stopped competing and started collaborating July 2, 2026Got an important question? You may not need a consultant, but rather a community of your peers who are just a little ahead of you.L. Gary Boomer
- House committee advances tax administration bills July 1, 2026The tax-writing House Ways and Means Committee held a hearing to consider and pass seven bills related to tax administration and the Internal Revenue Service.Michael Cohn
- AI and the new age of fraud July 1, 2026Your accounting firm's clients are counting on you to understand fraud risk in the Age of AI.Amy Vetter
- FASB proposes changes in investment company reporting July 1, 2026The Financial Accounting Standards Board wants to amend how investment companies measure the fair value of a security subject to a contractual sale restriction.Michael Cohn
- AI is creating a new class of tax liability July 1, 2026Accountants are no longer just educating clients about tax law, but actively dismantling AI-generated fiction before it turns into audit-triggering liability.Rachel Farris
More Top News
- 29M considering becoming a CPA. Looking for honest advice. July 2, 2026I’m 29 and already have a bachelor’s degree in Business Management. I currently run a manufacturing company but I’m seriously considering switching into accounting and then becoming a CPA. I enjoy numbers, finance, solving business problems, and I like the idea of one day owning my own CPA firm and working with business owners. For […]/u/Majestic_Chapter6904
- Best Tools Build and Manage Wealth. July 2, 2026Building wealth isn’t just about earning more. It’s about understanding where your money goes, measuring your returns, finding better opportunities, and making smarter decisions over time. The wealthiest investors and business owners rely on systems, calculators, trackers, and financial tools to help them stay organized and make decisions based on numbers, not emotions. Whether you’re […]/u/Striking-Quantity661
- Getting into practice/private work July 2, 2026Got my Level 2/3 AAT back in 2012/13 been working in finance/payroll department since and not really used my accounting skills so to speak advice on refreshing skills and setting up on my own? submitted by /u/Odd-Range5330 [link] [comments]/u/Odd-Range5330
- How helpful is quickbooks? July 2, 2026Context: im an accounting student in college right now and really want to jumpstart my career by landing a decent internship in finance/accounting. I heard quickbooks is somewhat needed, honestly dont know too much about it. I know theres different versions but is it honestly helpful? and if so, which one? My main goal is […]/u/NoButterscotch5807
- 200+ Applications and no responses, starting to feel useless July 2, 2026A little about me: 25m in the metro Detroit area graduated with a bachelor's in GSC and ISM from a good state university. Worked a supply chain job for 6 months but couldn't continue due to it being night shifts and threw my life around. I worked at a family friend's auto repair facility as […]/u/Present-Tea9361
- Resume Help Please July 2, 2026Looking for a new role, the company I work at is great but the pay isnt good. I am currently studying for my CPA and would love some feedback on my resume. What do you guys think, anything I should change. https://preview.redd.it/ity4ry52kuah1.png?width=2625&format=png&auto=webp&s=4257f84ebdd0ba5c5555d05ee29c34d66a032989 https://preview.redd.it/hhoebf8bkuah1.png?width=1401&format=png&auto=webp&s=c45897c88eaf1e27a1dedf0cb84c26d08d366084 submitted by /u/rexz63 [link] [comments]/u/rexz63
- Is Blue Chew owner's draw or meals and entertainment? July 2, 2026because idk submitted by /u/BadPresent3698 [link] [comments]/u/BadPresent3698
- Need advice, think I’m getting fired/laid off/pipped July 2, 2026I have a career counseling meeting in 2 hours. Messaged my cc to see if he could reschedule since I’m busy with closes right now. He said it’ll be quick and one of our directors will be joining us. I know I should start looking for other jobs tonight. Any other advice career/not career related? […]/u/taintbone
- I’ve been a remote worker for eight years straight. Want to switch to in-person role at another company but scared about how big of change it will be July 2, 2026Covid happened. Entire department went remote. Thought I’d hate it. Ended up liking it. Department later become flexible, and employees could stay remote or go in person. I’ve stayed remote, and so have most other people. But now eight years later, I feel like my social skills have atrophied and I’ve become awkward. I want […]/u/yoSelfImprovement
- Tax Associate at Small Tax Firm or Wealth Management Firm? July 2, 2026Hello, There are two positions that I am currently looking at and wanted to see if anyone could provide me with any advice. The first is at a smallish tax firm (less than 25 people) and is like the typical public accounting firm where I will learn the typical skills including: tax prep/planning, estate/trust taxation, […]/u/Traditional_Box_7914
- Baker Tilly has been good ? July 2, 2026IDK what would be considered "good" anymore since it feels like there's only negative things thats said about almost every company but recently I started working for Baker Tilly and I really enjoyed it so far. This is Pacific so obviously it may vary They pay same amount as Big 4, lets me clock in […]/u/StreetExternal952
- Being called “Kiddo” at work July 2, 2026I’m a 30-year-old woman, a CPA, and a parent. I’ve been working in tax for about 10 years, starting at a small CPA firm during college, then moving to Big 4, and now working in a role that involves both tax and trading. I have a partner/director-level colleague (early 40s) who constantly calls me “kiddo.” […]/u/Severus-Snape-DaGod
- The whole “billionaires take loans and therefore don’t have to pay taxes” talking point July 2, 2026Is this an actual strategy that allows rich people to avoid tax or is this just a dumb persons talking about about why billionaires are bad? My thoughts are that, yes obviously a billionaire can take out a loan against their assets without selling the asset, but they have to pay that loan. So they […]/u/RedditAccount28
- Reversal of leasehold improvement July 2, 2026So the client has being booking interest component which was never paid by raising a accrued liability and the other portion to asset which they are depreciating Not after a few years , at the close of the agreement , this interest portion is not to be paid so they reverse it out by crediting […]/u/Crazyiesty
- Do not claim that you know VLOOKUP AND XLOOKUP in your resume. July 2, 2026If you are still new-ish to Excel, "overstating" your ability is fine, but don't make dumb mistakes like that. There are people who use either one, and that’s totally fine, but when someone learns to use XLOOKUP, VLOOKUP in 99.999999% of cases becomes obsolete. It's like trying to make it to a pro swim team […]/u/Big-Introduction411
- Why aren’t any jobs in accounting hiring me or even responding to me back? July 2, 2026I just graduated and I didn’t get an internship so I have zero experience. I live in the Houston suburban area and I have been applying to dozens of AR/AP , book keeper, and entry-level accounting roles through indeed, LinkedIn, and Handshake and I don’t even hear from any company again. So I don’t understand […]/u/Common_District3798
- Why did she say this? July 2, 2026submitted by /u/Physical-Stage1722 [link] [comments]/u/Physical-Stage1722
- Partner went rogue - how much time do I have? July 2, 2026I'm manager B4 and recently saw sudden change in partner behavior. From being collaborative to pushing me across the ledge very often. What concerned me was he started putting things in writing, which first I thought was one off but seems like a paper trail. I am not having good feeling about it. I have […]/u/Quirky-Paint-6374
- Touch base meeting with a partner tomorrow. July 2, 2026Let’s see, mid year, just got paid yesterday, next week is a paid holiday week, my firm is owned by PE and my team’s partner (whom I never work with) just put a 9:30a meeting on my calendar with no context to touch base. Looks like I get to join the ranks of people desperately […]/u/Worst-Eh-Sure
- Screwed my self July 2, 2026Was recently laid off from a small firm I’ve been working at since my senior year of college. Been there for 2.5 years, and the job search is brutal. I think I really did screw myself for not using college resources to get a better job right out of college like Big 4 (no internships, […]/u/WebsterDz31

