DC advances CPA licensure pathways bill
The Council of the District of Columbia unanimously advanced Bill 26-494, which now awaits the review of the D.C. mayor and Congress.

Tech News: Blue J offers accounting professors free access
Blue J offers accounting professors free access; Canopy touts full tax automation with no handoffs; 4impactdata's 4ID Foresight surfaces risks and opportunities for firms; and other accounting tech news and updates.

On the move: Wipfli names a CFO
Plus, Sorren launches a human capital advisory services practice; Warren Averett named three local partners in charge of growth; and other firm and personnel news.

AI will expose which accounting firms are built to scale
AI essentially shines a light on the structural disparities that have long existed within accounting firms.

Tax Fraud Blotter: Win some, lose some
Back-to-school haircuts; two revenue books; voluntary surrender; and other highlights of recent tax cases.

FASB chair plans for new standards, semiannual reporting
Financial Accounting Standards Board chair Richard Jones is preparing for new agenda projects as well as the likelihood of a semiannual reporting option.

IRS quietly raises mileage rates due to inflation
The Internal Revenue Service has raised the optional 2026 standard mileage rates for deducting expenses for the remainder of the year thanks to inflation.

AI won't kill offshoring; it will supercharge it
As AI gets more integrated into accounting firm operations, you need people who already know how to work with AI, and how to give the right prompts and commands.

Blanche agrees to help kill weaponization fund in nomination bid
Blanche said he didn't know who at the Justice Department wrote the language providing immunity from tax audits, though he signed the agreement approving it.

PwC and UK partner hit with £3M fine over Babcock audit
The sanctions were tied to audits of the engineering service provider and government contractor's financial statements for the 2019 and 2020 fiscal years.