Bill Sheridan
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billsheridan.bsky.social
Bill Sheridan
@billsheridan.bsky.social
Cuba, NY, native. University at Buffalo alum. Adopted son of Baltimore and St. Louis. Speaker, author, and one of accounting's Most Influential People for 2016. (he/him/his)
A federal judge on Friday blocked the IRS from giving ICE the home addresses of taxpayers who might be undocumented immigrants — dealing a blow to the Trump administration’s mass deportation efforts.
Federal judge blocks IRS from sharing information to help ICE with deportations | CNN Politics
A federal judge on Friday blocked the IRS from giving ICE the home addresses of taxpayers who might be undocumented immigrants — dealing a blow to the Trump administration’s mass deportation efforts.
www.cnn.com
November 21, 2025 at 10:30 PM
The number of enforcement actions brought by the Securities and Exchange Commission against public companies fell 30% year-over-year in fiscal 2025.
SEC enforcements slump 30% in fiscal 2025: Cornerstone
Former SEC Chair Gary Gensler oversaw 93% of the 56 SEC enforcement actions brought during the 12 months ended Sept. 30, a report found.
www.cfodive.com
November 21, 2025 at 8:51 PM
When finance leaders go shopping for audit solutions, their preference for firms leaning into artificial intelligence (AI) and other advanced technologies is growing, right along with their trust.
AI and the audit: Finance leaders strongly support forward-thinking firms
Nearly all CFOs and finance directors in a BDO survey say they would pay more to work with audit firms that rely on artificial intelligence and other advanced technologies.
www.journalofaccountancy.com
November 21, 2025 at 8:48 PM
An overdue report from the Labor Department on Thursday showed U.S. employers added 119,000 jobs in September, while the unemployment rate inched up to 4.4%.
Overdue jobs report shows employers added 119,000 jobs in September
U.S. employers added 119,000 jobs in September, while the unemployment rate inched up to 4.4%. The report, which was delayed by the government shutdown, may hint at the pace of hiring and firing.
www.npr.org
November 21, 2025 at 8:46 PM
Sixty-two of Maryland’s newest CPAs were sworn into the profession on Nov. 20 as part of the Maryland Association of CPAs’ annual Newly Licensed CPA Swearing-In Ceremony, sponsored by the MACPA Foundation.
Dozens sworn in as Maryland's newest CPAs | MACPA
Sixty-two of Maryland’s newest CPAs were sworn into the profession on Nov. 20 as part of the Maryland Association of CPAs’ annual Newly Licensed CPA Swearing-In Ceremony, sponsored by the MACPA Founda...
macpa.org
November 21, 2025 at 8:05 PM
Merging the IRS office that regulates credentialed tax practitioners with another office that deals with uncredentialed return preparers would confuse the public and could harm the tax system, the AICPA said in a letter to the leaders of those offices.
AICPA warns that merger of IRS offices would ‘confuse’ taxpayers
The proposed merger of the Office of Professional Responsibility and the Return Preparer Office would blur “the public’s ability to perceive the distinction between credentialed, uncredentialed, and u...
www.journalofaccountancy.com
November 20, 2025 at 3:30 PM
The Financial Accounting Standards Board decided during a meeting Wednesday to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.
FASB takes on crypto asset transfers
The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.
www.accountingtoday.com
November 20, 2025 at 3:29 PM
The coming 2026 filing season is shaping up to be another high-stakes test of the IRS’s capacity to serve taxpayers and practitioners, with new reports from the Treasury Inspector General for Tax Administration offering an unusually candid look at the agency’s most vulnerable operational seams.
IRS Set for a Turbulent 2026 Season as TIGTA Flags Persistent Weaknesses - CPA Trendlines
ACTIONABLE INTELLIGENCE FOR TAX, ACCOUNTING, AND FINANCIAL PROFESSIONALS
cpatrendlines.com
November 20, 2025 at 2:01 PM
The Financial Accounting Standards Board in a unanimous vote Wednesday agreed to add a new project to its high priority standard-setting technical agenda that will address how companies should account for transfers of crypto assets, including wrapped tokens and receipt tokens.
FASB takes up new crypto transfers project
The accounting standards setter voted to tackle transfers of crypto assets including wrapped tokens, marking the third digital assets project to hit its technical agenda.
www.cfodive.com
November 20, 2025 at 2:00 PM
Seven out of 10 small businesses see inflation as their top worry for the months ahead, with 64% raising prices for goods or services, Bank of America found in a national survey.
Inflation ranks as No. 1 worry among small businesses: Bank of America
Most small business owners said their costs have increased 18% on average during the past year, Bank of America said.
www.cfodive.com
November 20, 2025 at 1:59 PM
A single loose wire caused the initial blackout aboard the massive container ship that slammed into the Francis Scott Key Bridge on March 26, 2024, toppling its spans and killing six highway construction workers.
One loose wire caused ship blackout that toppled the Key Bridge, took six lives, NTSB says - Maryland Matters
A single loose wire caused the initial blackout aboard the massive container ship that slammed into the Francis Scott Key Bridge on March 26, 2024, toppling its spans and killing six highway construct...
marylandmatters.org
November 19, 2025 at 8:29 PM
As corporate America questions the future of diversity, equity and inclusion initiatives, new research from Bentley’s Rani Hoitash, John E. Rhodes Professor of Accounting, and Eric Krause, PhD ’25 offers clear evidence of why they matter.
Representation and Retention: New Study Explores Career Paths in Accounting
Discover how gender, race, and ethnicity impact career paths in public accounting. A new study from Bentley University professor Rani Hoitash reveals why leadership diversity matters for retention and...
www.bentley.edu
November 19, 2025 at 8:24 PM
Deep discounting by U.S. retailers on turkeys pushed the cost of the traditional Thanksgiving dinner lower for a third straight year, while costs for side dishes highlighted the country's nagging debate over the cost of living.
www.reuters.com
November 19, 2025 at 8:22 PM
President Donald Trump said on Tuesday the U.S. must have one federal standard for regulating artificial intelligence, saying the technology risked being over-regulated if each American state came up with its own standard.
www.reuters.com
November 19, 2025 at 8:20 PM
81% of firms report projects abandoned due to resistance, 77% cite poor data, and 85% point to lack of integration as key barriers.
83% of Audit Leaders Struggle to Bridge AI Vision and Execution Despite Proven Gains
81% of firms report projects abandoned due to resistance, 77% cite poor data, and 85% point to lack of integration as key barriers.
www.cpapracticeadvisor.com
November 19, 2025 at 8:19 PM
Companies are failing to capture up to 40% of potential productivity gains from AI due to inadequate talent strategies and weak workforce foundations, according to research from EY.
EY Finds Firms Lose 40% of AI Gains Through Poor Training
EY’s 2025 Work Reimagined Survey highlights how training gaps and shadow AI use prevent firms extracting full value from AI technology
aimagazine.com
November 19, 2025 at 8:17 PM
Supporters and opponents of eliminating Georgia’s income tax on Monday aired competing visions of what would happen if the state gave up its largest source of revenue.
Lawmakers Debate Eliminating Georgia’s Income Tax
Supporters say it will boost economic development, but opponents say it will hurt ordinary Georgians by hiking sales taxes and other fees.
www.cpapracticeadvisor.com
November 19, 2025 at 8:15 PM
A group of former Internal Revenue Service leaders discussed the state of the IRS during a panel Tuesday at the AICPA National Tax Conference in Washington, D.C., after a wave of departures and layoffs.
Former IRS commissioners see challenges for agency
A group of former Internal Revenue Service leaders discussed the state of the IRS at an AICPA tax conference after a wave of departures and layoffs.
www.accountingtoday.com
November 19, 2025 at 8:14 PM
Holiday shopping season is here, and if you're feeling pressure to spend big this year, you're not alone.
How Much Should You Spend on Holiday Gifts This Season
With U.S. consumers spending near record levels on holiday items, here's how much to allocate for gift-giving, how to avoid debt and how to fit your budget into your bigger financial picture.
www.kiplinger.com
November 19, 2025 at 8:11 PM
The IRS just came out of the longest government shutdown, but the deal that ended the stalemate funds the agency only through Jan. 30, just as filing season is about to begin.
Is the IRS just between shutdowns? Former IRS commissioners are worried
Three former IRS leaders, speaking at the 2025 AICPA National Tax Conference, discussed the agency’s future and what happens if a shutdown occurs during filing season.
www.journalofaccountancy.com
November 19, 2025 at 8:10 PM
Finance leaders are feeling more confident about the role artificial intelligence will play in their work, even though the number of teams actually using the technology has barely changed over the past year.
CFO optimism around AI rises as adoption levels off
Gartner research suggests a pause in AI adoption is giving CFOs room to learn from early pilots and build confidence.
www.cfo.com
November 19, 2025 at 8:08 PM
What happens when you are ready to step away from the business you have built? In this Aon-sponsored episode of "Future-Proof," I sit down with Erin Daiber, founder of Well Balanced Accountants, to explore why effective succession planning starts long before retirement.
Podcast: Succession success | MACPA
What happens when you are ready to step away from the business you have built?
macpa.org
November 19, 2025 at 7:50 PM
Farewell to an accounting / technology legend.
Tech leader Rick Richardson dies at 81
Over his six-decade long career, Richardson was a pioneer of technology in the profession, working as a consultant, speaker and former national director at EY.
www.accountingtoday.com
November 19, 2025 at 7:13 PM
Maryland lawmakers blasted the latest Francis Scott Key Bridge rebuild projections Tuesday, after transportation officials revealed the estimates have nearly tripled since last spring and the timeline has been delayed to late 2030.
Key Bridge rebuild: Maryland lawmakers slam soaring costs
Maryland lawmakers react after officials say the Francis Scott Key Bridge rebuild could cost up to $5.2B and take until 2030, far exceeding initial projections.
www.baltimoresun.com
November 19, 2025 at 2:10 PM
BDO’s second annual Audit Innovation Survey finds that the use of advanced technologies in the audit has crossed from cautiously experimental to increasingly mature.
www.businesswire.com
November 18, 2025 at 9:11 PM