The $2 trillion stablecoin opportunity for CPAs in the GENIUS Act
The federal government just handed auditors a potential $2 trillion opportunity, but it might also recreate the financial chaos of the 1800s.
Who's most likely to quit your accounting firm?
A new survey found it's probably a middle manager with 6-10 years experience who works in audit, has no work from home flexibility, and gets zero support with difficult clients.
Stop being a checklist zombie: A new podcast for auditors who want to add value
Introducing "Audit Smarter," a new show from the Earmark team that helps practitioners upgrade from checklist managers to strategic advisors.
Putting Perplexity's Comet browser to the test with accounting data entry
On The Accounting Podcast, I tested Perplexity new Comet browser - their AI assistant that promises to work across browser tabs and handle repetitive tasks. The test was simple: take a basic PDF invoice (one line item, $85 for web design) and enter it as a bill in Xero.
CPA firms cut jobs while raising wages
Total employment in accounting and tax services dropped by 9,200 jobs in the past year, but average hourly pay jumped 6.1% to $43.88.
Xero partners with Plaid for expanded US bank feeds
Xero partners with Plaid to expand US small business bank feeds, offering over 1,000 direct connections by late 2025 for faster, more reliable banking data.
Treasury faces tight deadline for rules on Big Beautiful Bill
Treasury has just 45 days to write some rules for Trump's Big Beautiful Bill. That's not much time considering how complex this stuff gets.
IRS staff cuts are setting up next year's tax season for trouble
IRS workforce reductions have led to long wait times for identity theft victims, technology struggles, and mounting challenges for the upcoming tax season, all while major tax law changes are on the horizon.
When AI efficiency backfires: PwC’s clients demand discounts
PwC bragged about using AI to work faster and eliminate billable hours. Then clients started asking for discounts.
Trump immigration policy may hit US economy hard
A new Federal Reserve study shows Trump's immigration policies could slash US economic growth by nearly a full percentage point in 2025.