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AI token caps are pushing accountants onto free chatbots as the Oct. 15 extension deadline nears, CPA Practice Advisor reports. The overage a firm saves is known in advance, while the cost of client records held by an unvetted vendor is set only after a breach.
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Grant Thornton's Q3 survey found 80% of CFOs expect net profit growth within 12 months, an 18-quarter high, though only 46% are optimistic about the economy. With a third crediting AI for extra revenue, the AI case for those profits rests mainly on cost savings.
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IRS Notice 2026-60 raises the high-low per diem to $329 a day in high-cost areas and $230 elsewhere from Oct. 1. With meals frozen, the whole raise goes to lodging and incidentals, and a city added to the high-cost list is worth $99 a day.
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The National Retail Federation forecasts $13.5 billion of Halloween spending, about 3.1% above 2025, though its own per-head and participation figures imply closer to 2% and both years are rounded to $100 million.
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Trump invoked Section 338 on July 20 and the duty landed August 19 at the law's 50% ceiling. USMCA duty-free treatment does not cover the listed goods, and duties under this authority can run indefinitely.
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The commentary on IRS Alert 2026-19 went to fees under section 10.27(a). Kevin Boeckholt argues the provision that should reshape vendor vetting is 10.37, where reliance on output no one can trace may be unreasonable.
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The survey covers 350 small-business owners who handle their own accountant relationships, and 89% want some transparency on AI against 21% of firms with a documented policy, two figures counted on different populations.
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Cybersecurity holds first place at 80% in the Internal Audit Foundation's survey of more than 3,000 practitioners, and the two risks that rose fastest, digital disruption at 58% and geopolitics at 48%, are drawing very different audit attention.
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The federal seed pays only when a guardian opens the account, so the employers now matching it have budgeted a per-child cost whose real size depends on how many of their own workers file the paperwork.
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The Department of Revenue scores Washington's new 9.9% tax on annual income above $1 million at $3.1 billion in its first fiscal year. A ballot measure this fall will decide whether it stands.
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Intuit retires the ProAdvisor program in early 2027 for firm-level ProPartner tiers scored on client software spend, with US revenue share stretching from 12 months at 10 percent to three years at up to 25 percent.
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More than half of small-group insurers expect to raise rates by 10% to 20% next year, and because employers cover about 80% of the premium, the increase competes with payroll inside the same small budget.
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A secondary market in refunded IEEPA duties is quoting the same asset at prices between 14.5 cents and 87 cents, and the consumer companies taking the cash are spending it on price cuts, vendor make-goods and 401(k) contributions.
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California's one-time 5% billionaire asset tax is ahead but under 50% with 11% undecided. The poll's own director says that is a red flag. It is also not a reason to stop planning.
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FloQast puts 85% of accounting teams on AI as a strategic priority and 10% on extensive use. The 60% weekly figure comes from a different survey of a different population. Subtracting one from the other tells you nothing.
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TIGTA's annual review of the direct contact rules logged 33 wrong answers from 18 IRS Field Collection employees, and found the agency keeps no record of when a revenue officer bypasses a client's representative.
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A Dallas Morning News column puts sign-ups for the $1,000 newborn seed below one in ten eligible children. The $7 billion that Dell and Dalio money has layered on top reaches only the families who enrol.
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Nearly 500,000 delinquent COVID EIDL loans moved from the SBA to Treasury collection this spring, where a fee of 28 to 32 per cent lands on balances written at 3.75 per cent over 30 years. Many owners learned of the transfer from the bill.
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Buyers of accounting firms have converged on the same vocabulary, so the question for a seller is which of them can name a ratio it has already moved, and which is only assembling firms for someone else to resell.
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Tuesday's proclamations put a three-week clock on Canadian dairy and alcohol worth about $433 million a year, while the larger and undated exposure is the federal buying from Canada that has averaged near $2.2 billion annually since fiscal 2021.
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