Canopy to Bring Bookkeeping Into Its Practice Management Platform
Designed for accounting firms and CAS teams, Canopy Bookkeeping integrates with the company’s practice management software, bringing real-time general ledger ... Read More
U.S. Adds 130,000 Jobs and Unemployment Falls After Tepid 2025
U.S. payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell to 4.3%, ... Read More
Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up ... Read More
AICPA to IRS: Simplify ‘Determine and Document’ Requirement in Section 951
The AICPA recommends the IRS modify and simplify the “determine and document” requirement in Notice 2025-75 by either eliminating or ... Read More