Internal audit shifts toward high-risk areas like AI
The efforts of internal auditors are increasingly focusing on digital disruptions, especially from artificial intelligence, as well as geopolitical uncertainty.

More accountants working past retirement age
Nearly one in seven bookkeeping, accounting and auditing clerks in America is age 65 or more, and in some metropolitan areas it's nearly one in four.

Richey May adds two investors
The Top 50 Firm received an investment from Genstar Capital and Aksia, which will be used to fuel the firm's organic growth and M&A strategy.

Trump signs bill extending tax relief to disaster victims
President Trump signed into law a bill extending the federal tax deduction for qualified disaster-related personal casualty losses.

How firms can integrate APIs for business compliance filings
An API solution lets accounting firms provide essential business filing services to clients in all 50 states.

Trump says he will eliminate US tariffs on Irish whiskey
President Donald Trump said he would remove U.S. tariffs on Irish whiskey, announcing the move Sunday while attending a golf tournament at his family's course in western Ireland.

These are the two AI paths for accounting firms
Firms' AI strategy typically follows one of two paths: "optimizers" that use the technology to improve workflows or "transformers" who use it to redesign how the firm delivers value.

On the move: CohnReznick names a new CFO
Plus, OSCPA names its new board; ConvergenceCoaching graduates a new class of leaders; and other firm and personnel news from across the profession.

Tax Fraud Blotter: Crook from Crookston
Toxic pollutants; fabricated gambling winnings and losses; financial shortfalls; and other highlights of recent tax cases.

Opportunity zone revisions give advisors a new tool for clients with big gains
Advisors can leverage the updated opportunity zone program, starting in January, to help ultrahigh net worth clients defer capital gains.