KPMG enters alliance with Anthropic
The alliance with Anthropic will embed Claude Cowork into KPMG's global client delivery platform, beginning with tax and legal clients.

Intuit to lay off 17% of workforce
Intuit chairman and CEO Sasan Goodarzi announced the layoffs in a company-wide message.

SEC semiannual reporting option stirs friction
The Securities and Exchange Commission's proposal for a semiannual reporting option has quickly provoked debate.

Intuit to sunset ProAdvisor Program, launch new ProPartner Accountants program
Early next year, Intuit's ProAdvisor Program will be replaced with a new Intuit ProPartner Accountants program, integrated with Intuit Accountant Suite.

State AGs sue to stop Education Department loan restrictions
Attorneys general from 25 states and D.C. are suing the administration over rules limiting loans for graduate students in accounting and other professions.

Grant Thornton to add MCA Connect
The Top 10 Firm will acquire a consulting and technology firm that helps manufacturing and distribution companies modernize operations with digital solutions.

Caseware rolls out 'Verity' AI platform and agents
Audit solutions provider Caseware launched an intelligence and orchestration layer operating across the engagement lifecycle.

Barney Frank, key lawmaker during financial crisis, dies at 86
The quick-witted Democratic congressman who found himself on the front lines of the government's rescue of the American financial system has died.

Sales tax is coming for your small business clients
Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row.

Jan. 6 rioters who beat police may get payouts, Blanche says
Acting Attorney General Todd Blanche wouldn't rule out the possibility that rioters who attacked police could receive payments from a $1.8 billion taxpayer fund.