Accounting Today
- Data strategy needs data governance November 13, 2025While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.
- Grant Thornton adds GT Brazil November 13, 2025The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.
- Senate Democrats warn of 'tax bomb' for student loan borrowers November 13, 2025Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.
- Hiring new graduates is essential … and risky November 13, 2025Firms want candidates to have critical reasoning skills and not just be "robots" who follow processes and procedures blindly without questioning or interpretation.
- China targets tax dodges by sellers on Amazon, e-commerce sites November 13, 2025Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.
- Shutdown's end will kick off long process of rebooting US government November 13, 2025The longest government shutdown in U.S. history has ended, but it could take days — and in some cases a week or more — before normal operations and paychecks resume.
- Fiserv CEO rejects accounting concerns after record stock rout November 13, 2025Mike Lyons blamed a raft of operational shortcomings for the earnings disappointment that triggered a record rout in the payments giant's stock last month.
- IRS ups 401(k) and IRA contribution limits for 2026 November 13, 2025The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation.
- FASB updates accounting for purchased loans as it faces funding threat November 12, 2025The Financial Accounting Standards Board aims to improve the accounting for purchased loans as it confronts a potential threat from House Republicans.
- Teachers don't usually itemize — OBBBA could bring savings if they do November 12, 2025The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.