House Republicans clear critical hurdle in Trump tax bill debate The bill includes tax cuts Republicans campaigned on, a phase-out of Biden-era clean energy incentives and funding for the president's crackdown on illegal immigration.
https://www.accountingtoday.co....m/articles/house-rep

Practice Profile: Art appreciation The art practice of New York City accounting firm LMC helps clients go from "starving" to successful artists in need of the firm's tax and advisory services.
https://www.accountingtoday.co....m/news/practice-prof

Employers added 147K jobs in June, including 200 in accounting The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.
https://www.accountingtoday.co....m/news/employers-add

AICPA proposes to toughen auditors' responsibilities for spotting fraud The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.
https://www.accountingtoday.co....m/news/aicpa-propose

Tech news: Wolters Kluwer adds document summaries, tool directory to CCH AnswerConnect Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.
https://www.accountingtoday.co....m/list/tech-news-wol