One of the greatest strengths of the Maryland Association of CPAs has always been its community — professionals coming together to learn from one another, share ideas, solve problems, and strengthen t...

The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. Also, the SEC is cons...

Treasury and the IRS proposed regulations for the education freedom tax credit, a new federal credit under Sec. 25F for contributions to organizations that provide scholarships to eligible elementary ...

The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration reforms backed by the AICPA. The measure now moves to the House.

When a firm's AI tool hits its usage cap mid-deadline, staff often turn to free consumer tools. Here is how to protect client data first.

The FTC is escalating its probe into OpenAI, Anthropic and top AI labs over rogue agent risks. Here is what the investigation means for AI safety.

The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.

The IRS revoked 71 pieces of guidance that it says are obsolete as part of President Donald Trump’s push for deregulation.

IR-2026-118, Oct. 1, 2026 — The Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs are seeking volunteers and community partners to hel...

The CPA Exam Blueprints are a foundational study tool detailing all eligible CPA Exam content. Learn more about the Exam’s topics and format.

Treasury and the IRS issued proposed and temporary regulations providing for automatic enrollment in Trump accounts after developing a structure they said overcame barriers that previously stymied the...

IR-2026-116, Sept. 30, 2026 — The IRS announced today that due to the ongoing conflict in Israel, the agency is providing additional tax relief to affected individuals and businesses, postponing until...

ALT: Sesame Street: The Count Laughs

No matter where the audit conversation starts, it always seems to end up at the quality of the process - or more specifically in recent years, the lack

Choosing whether to invest in new talent or emerging technologies is becoming quite the headache for finance leaders.

Legislation passed by the Senate and headed to President Donald Trump’s desk will formally end the production of pennies after 234 years

Millions of Americans may need to find an entirely new career in the next decade, according to research released Tuesday.

The findings from resume.io turn a common assumption on its head, with the country’s most famously expensive cities among the least punishing places to be an office worker once local salaries are take...

We estimated that the federal government could lose between $116 billion and $304 billion annually to tax fraud. Tax fraud includes people or...

Opinion: Paying for coordinated legal and accounting advice may seem expensive when nothing's wrong. But it's usually far less expensive than reconstructing records, filing years of delinquent returns...

The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.

They acknowledged the looming budget shortfall, and said there have been challenges implementing the Blueprint for Maryland's Future, but the main theme of a meeting Tuesday on the state's sweeping ed...

More than half of workers surveyed said they are falling behind their AI-savvy colleagues, PwC said, noting that AI proficiency bolsters a sense of job security.

Finance chiefs feel more positive about their companies’ prospects over the next three years, but navigating inflation and geopolitical tensions today remain key priorities.

Inflation will probably not slow to the Federal Reserve’s 2% target until 2028, New York Fed President John Williams predicted.

Customers of Baltimore Gas and Electric and two other utilities stand to get refunds tied to state tax overpayments. BGE, Delmarva Power and Pepco, all owned by Exelon Corp., said they plan to seek re...

The additions reflect Sorren's continued focus on growing alongside firms that share its goals and commitments.

A new law taking effect Thursday​, Oct. 1, creates additional enforcement measures for Maryland residents who register their vehicles out of state to avoid Maryland's vehicle registration requirements...

The Treasury Inspector General for Tax Administration found inconsistencies in how the IRS tracks its procedures for evaluating data quality checks in high-impact AI models.

SoFi found 72% of Americans are willing to make slower progress on financial goals to prioritize family, travel and meaningful experiences.

After 15 years as IRS2Go, the IRS’s taxpayer app now offers expanded access to account services under a new name. The IRS said it expects to add more capabilities to the app over time.

In the face of several crises around the globe, American finance chiefs are still largely optimistic, according to surveys by U.S. Bank, Deloitte and others.

Baltimore County Elections Chief says she expects a busy election based on the number of ballots already returned. She says voting by mail-in ballots is as reliable as ever.

Companies could face a “retention time bomb” if existing workers see new hires get paid more for tech expertise, Payscale found.

Americans would be able to deduct money lost to fraud and scams from their federal taxes under a bill by U.S. Rep. Max Miller (R-OH) that passed last week in the House of Representatives.

Maryland business leaders expect AI to reshape jobs rather than eliminate them, a forthcoming report from the Governor’s Office of Innovation reads.

New Staff Q&As provide practical guidance to support the implementation of the International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA™).The...

BGE, Delmarva Power and Pepco are seeking regulatory approval to return approximately $160 million in tax refund benefits to Maryland customers.

They’re concerned about insufficient internal expertise, out-of-date risk protocols and the potential to run afoul of new regulations, finds a new EY report.

AI is increasingly changing how work gets done, but what could that mean for CPAs and the future of the profession? In this episode of "Future-Proof, Bill Sheridan sits down with Shane Mason, CPA and ...

Republicans and Democrats argued Thursday that Congress still has work to do to support American families, pointing to expanded paid family leave access, tax credits for newborn children and other …

A new survey from Grant Thornton in the U.S. shows chief financial officers (CFOs) are more optimistic than ever about

Discover how accounting principles such as materiality, depreciation and opportunity cost can help you make better decisions in your personal life.

New questions and answers aim to assist stakeholders with financial reporting requirements related to subsidies in Statement No. 103, Financial Reporting Model Improvements. GASB also seeks feedback o...

Two speakers at the upcoming AIIS conference share how to create and maintain a workplace where employees from different cultures and experiences can collaborate and thrive.

Despite their dimming sentiments toward inflation and business conditions, consumers have shown no sign of cutting spending.

Legislation introduced in the Senate on Wednesday would pause AI research until the creation of a federal department that would regulate the technology.

IR-2026-114, Sept. 25, 2026 — The IRS today announced the launch of the new IRS mobile app, replacing IRS2Go and expanding the agency’s digital services to give taxpayers more ways to securely access ...