FinCEN warns of fraud schemes tied to student aid
The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.

IRS gives some FIFA groups a pass
Only days after the World Cup Final, the IRS released a revenue procedure allowing tax-exempt foreign members of FIFA to avoid filing a Form 990.

Tax Fraud Blotter: Took the internet by storm
That's entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases.

Doeren Mayhew expands Houston footprint
The Top 50 Firm acquired Houston-based Sowers & Co., expanding its local tax and outsourced accounting offerings in one of its focus markets.

Intuit announces credit card with QB integration
Intuit announced the launch of the Intuit Business Credit Card, which comes with QuickBooks integration.

Pay margin from associate to senior level flatlines
The pay margin between associates and seniors in accounting in North America is plateauing, increasing only 3% in some markets, according to data from Distinct.

Tech News: Bizora announces advisory group
Plus, Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news.

IRS kills First Time Abate, replaced by Automatic Exemption
This is not a minor procedural tweak. It changes how penalty relief gets delivered to millions of taxpayers, and what we owe our clients as their advisors.

Trump rebuilds tariffs with new levies
The U.S. will collect duties of between 10% and 12.5% on imports from most major trading partners, reconstructing the tariffs struck down by the Supreme Court.

On the move: Lutz names new shareholders
Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth leader; Machen McChesney announces promotions; and other firm and personnel news from across the profession.