KPMG UK plans to cut hundreds of audit jobs
The proposed cuts impact roughly 6% of the audit division's 7,100 employees.

IRS canceled $225M in taxpayer-facing contracts
The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.

From pyramid to hourglass: The new architecture of the CPA firm, Part 2
Staffing, career paths and a practical playbook can be applied to the new model.

Growth as infrastructure: Rethinking marketing's role in firm strategy
Accounting firms that treat marketing and business development as administrative support will struggle to adapt in the future.

What is your firm worth?
How accounting practices are valued has changed enormously — and is going to keep changing.

Top takeaways from the Top 100 Firms
Key insights from Accounting Today's Top 100 Firms and Regional Leaders report, from the many ramifications of private equity to the impact of demographics and much, much more.

Crypto investors want to comply with tax rules but aren't sure how
A recent report has found that the majority of cryptocurrency holders are aware transactions are taxable and want to comply, but struggle with actually doing so.

Epstein's accountant: 'I never saw anything improper'
In a marathon deposition, Richard Kahn gave a picture of child trafficker Jeffrey Epstein's finances and his operations to a House committee.

IRS has spent 61% of its IRA funding
A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.

'Survivor' winner Richard Hatch owes $3.3M in taxes
The winner of the inaugural season of the reality show was ordered to pay back taxes on that prize by a federal judge.