Stout acquires agentic AI company
Accounting firm advisor Stout acquired Flightline, an agentic AI company, building out its AI-enabled workbench.

Intuit revives Credit Karma Tax as free DIY option
Intuit announced a new version of Credit Karma Tax as a way to further invest in free DIY options as its sister product TurboTax focuses on live support.

Internal audit leans more on external partners and AI
Internal audit teams are relying more on outside auditing firms and partners, according to a new report.

IRS allowed dodgy claims for car loan interest deduction
The Internal Revenue Service accepted over 470,000 electronically filed tax returns claiming $977 million in dubious deductions for automobile loan interest.

Prosperity Partners expands in Philadelphia
The Top 100 Firm acquired FHHP, expanding its presence in the Philadelphia market and ability to serve family-owned and closely held businesses.

The accounting graduate of 2030: From job-ready to judgment-ready
With the advances in AI, graduates need to be ready to use their fundamental accounting knowledge to think critically regarding output and difficult situations.

Group teams with CPAs to promote Education Freedom Tax Credit
ACE Scholarships is partnering with thousands of tax professionals and CPAs to raise awareness of the new tax credit for sending children to private schools.

The hidden plumbing of family office accounting
With dozens of entities, millions of dollars at stake, and powerful family dynamics at play, should you still be using spreadsheets or general accounting software?

GASB to give government accountants some breathing room
The Governmental Accounting Standards Board plans to allow accountants time to adjust to its existing standards before burdening them with new standards in 2029.

New AI assurance certification combines SOC 2, AIUC-1
The AICPA and AIUC announced a joint assurance certification combining their examination processes into a single independent review of AI safety and effectiveness.