Hillary Salo named next FASB chair
The Financial Accounting Foundation named Hillary Salo as the next chair of the Financial Accounting Standards Board, starting July 1, 2027.

How non-grantor trusts maximize charitable, small business stock tax advantages
With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.

More small businesses offering retirement plans
While only about 19% of small businesses offered a retirement plan in 2019, 31% now offer them in 2026.

In the blogs: Changing hands again
Below the fold; AI hyperscalers; politically biased; and other highlights from our favorite tax bloggers.

Aprio funds AI initiatives
Aprio, a Top 20 Firm based in Atlanta, is expanding its investment in artificial intelligence through its Aprio Ventures program.

PCAOB shares Q&A on QC 1000
The Public Company Accounting Oversight Board released questions and answers for QC 1000, A Firm's System of Quality Control, ahead of its Dec. 15, 2026, effective date.

IFRS Foundation plans overhaul
The International Financial Reporting Standards Foundation plans initiatives to strengthen the accounting and sustainability reporting standards boards they oversee.

FASB proposes stablecoin disclosures
The Financial Accounting Standards Board issued a proposed ASU to clarify how the definition of cash equivalents applies to digital assets such as stablecoins.

Why AI Is forcing businesses to rethink information itself
For the first time in history, organizations have technology capable of understanding the information contained within their records, not simply storing it.

Treasury proposes GENIUS Act rules on who can sell stablecoin
The Treasury Department issued a notice of proposed rulemaking on implementing a section of the GENIUS Act on who can sell digital assets pegged to a fiat currency like the U.S. dollar.