House committee passes CTA repeal bill
The House Financial Services Committee voted to advance legislation that would effectively repeal the Corporate Transparency Act and its beneficial ownership information reporting requirements.

A crazy take on the talent pipeline crisis
It's not that we don't have enough petroleum in our pipelines, it's that we don't have a high enough octane to perform what we need it to do.

San Francisco billionaire punches back against 'overpaid' CEO tax
In June, voters will decide whether to impose an eight-fold increase to a gross-receipts tax on any large company doing business in the city where the highest paid executive earns 100 times or more than their median employee.

The biggest opportunities for accountants
Amid major disruption, firm leaders still see plenty of upside in accounting.

In the blogs: If you make it here …
Most magical place; Amazon warehouses; paper or plastic; and other highlights from our favorite tax bloggers.

GASB videos help gov't officials navigate financials
The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.

Court rules micro-captives not listed transactions
A judge ruled the IRS can't classify micro-captive insurance as a listed transaction, but allowed classifying it as a "transaction of interest."

Insurers eyeing AI risk at CPA firms
While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.

Kentucky passes CPA pathway bill
Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.

Prediction markets step up lobbying to fight stricter rules
Officials in some states are seeking to regulate prediction markets like casinos, requiring the companies to apply for state licenses and pay state taxes.