Accounting in 2026: The year ahead in numbers
Accounting Today's annual survey reveals firms' expectations, worries and plans for the next 12 months.

Trump signs bill extending tax deadlines after disasters
The bipartisan bill aligns the deadline for claiming prior-year refunds or credits with the extended filing period granted to taxpayers hit by natural disasters.

Whitley Penn adds Toombs, Hall & Foster
Top 50 Firm Whitley Penn acquired Toombs, Hall & Foster, based in Addison, Texas, effective Jan. 1.

AI's evolution from tool to business catalyst
The artificial intelligence revolution is here, transforming how accountants serve clients, manage workflows, and compete for talent.

Crypto firm faces 'sizable' Q4 loss from Bitcoin tumble
Strategy adopted an accounting change that requires valuing the firm's crypto holdings at market prices, which is why it's expected to book such a big hit.

New U.S. cars qualify for Trump tax perk: IRS
The tax deduction applies to new cars assembled in the U.S. purchased from 2025 through the end of 2028.

Going beyond PE
Not interested in private equity? You're in luck: There's a host of other strategic investors looking to partner with accounting firms

Tech spending outpaces people spending as firms adopt AI
The rise of AI has led to firms spending less on people and more on tech, a trend that our AI experts believe is likely to continue into 2026, according to answers to our annual AI Thought Leaders survey.

Sax data breach potentially affects 220K
Sax LLP, a top 100 firm, concluded its investigation after a data breach in 2024 and determined that the personal data of as many as 220,000 people has been exposed.

The biggest stories in accounting in 2025
From the decline of the 150-hour rule to staff cuts at the IRS and the ongoing impact of PE, the last 12 months have been very busy for the profession.