
Tax, accounting, auditing news - Journal of Accountancy
In addition to language tweaks, the proposed Accounting Standards Update includes clarifications related to estimates of expected credit losses and several other topics.
Posted: September 2, 2026, 7:28 pm
Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.
Posted: August 31, 2026, 7:31 pm
A third of middle-class Americans believe they’ll work until at least age 70, an annual retirement survey shows. But more than half of retired respondents left the workforce before age 65, suggesting that retirement timing is often shaped by factors beyond workers' control.
Posted: August 28, 2026, 12:04 pm
