A&L Bookkeeping

A stopgap funding bill headed to the president would maintain the IRS’s $11.2 billion annual budget through Dec. 11 and prevent a second $11.6 billion funding rescission for now.

Congress approves funding bill that maintains IRS budget A stopgap funding bill headed to the president would maintain the IRS’s $11.2 billion annual budget through Dec. 11 and prevent a second $11.6 billion funding rescission for now.

At the midpoint of 2026, the average age of CFO hires at large companies stood at 48.2 years old, the youngest average age in at least a decade.

CFO hires increasing; average age of hires decreasing At the midpoint of 2026, the average age of CFO hires at large companies stood at 48.2 years old, the youngest average age in at least a decade.

Optimism among CPA decision-makers about the coming 12 months edges up in the quarterly AICPA and CIMA Economic Outlook Survey.

Confidence in U.S. economy rises despite inflation concerns Optimism among CPA decision-makers about the coming 12 months edges up in the quarterly AICPA and CIMA Economic Outlook Survey.

In addition to language tweaks, the proposed Accounting Standards Update includes clarifications related to estimates of expected credit losses and several other topics.

FASB proposes several incremental improvements to GAAP In addition to language tweaks, the proposed Accounting Standards Update includes clarifications related to estimates of expected credit losses and several other topics.

Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.

IRS enforcement activity fell despite record tax collections, TIGTA says Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.

The framework proposed Tuesday includes two exemptions from the registration requirements of the Securities Act of 1933. The proposed rules will be open for public comment for 60 days.

SEC proposal aims to clarify securities rules for crypto assets The framework proposed Tuesday includes two exemptions from the registration requirements of the Securities Act of 1933. The proposed rules will be open for public comment for 60 days.

A third of middle-class Americans believe they’ll work until at least age 70, an annual retirement survey shows. But more than half of retired respondents left the workforce before age 65, suggesting that retirement timing is often shaped by factors beyond workers' control.

Why many Americans don’t retire on their own terms A third of middle-class Americans believe they’ll work until at least age 70, an annual retirement survey shows. But more than half of retired respondents left the workforce before age 65, suggesting that retirement timing is often shaped by factors beyond workers' control.

The bill, which awaits the president’s signature, would make disaster tax relief rules easier to find and more predictable by adding them to the Internal Revenue Code, a change the AICPA says should be made permanent.

AICPA supports disaster tax bill, presses for permanent relief The bill, which awaits the president’s signature, would make disaster tax relief rules easier to find and more predictable by adding them to the Internal Revenue Code, a change the AICPA says should be made permanent.

The AICPA’s updated digital assets practice aid addresses the most recent developments in an evolving area.

New AICPA guidance on stablecoins, mining revenue, current auditing standards The AICPA’s updated digital assets practice aid addresses the most recent developments in an evolving area.

A letter to the IRS says that processing times of six to eight weeks or longer for taxpayer name and address changes can create compliance risks and should be reduced through automation.

IRS should automate name, address changes, AICPA says A letter to the IRS says that processing times of six to eight weeks or longer for taxpayer name and address changes can create compliance risks and should be reduced through automation.