article thumbnail

Accounting is changing, and the world can't wait until 2026

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email The accountant the world urgently needs has evolved far beyond the traditional role we recognized just a few years ago. Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market.

article thumbnail

BDO's Berson to retire in 2026

Accounting Today

BDO USA's CEO Wayne Berson will retire effective June 30, 2026, and national managing principal of tax Matthew Becker has been tapped to succeed him.

Tax 252
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Climate reporting legislation: What it means for small businesses and accountants

Xero

The requirements for small businesses and their accountants are due to be phased in over 2026 and 2027. What this means for accountants Accountants can play a crucial role in supporting businesses as they comply with the new climate reporting requirements. In the end, it’s just maths. There’s something for everyone.

XERO 242
article thumbnail

Introducing Xero Simple, a plan to support you with Making Tax Digital for Income Tax

Xero

In April 2026, Making Tax Digital for Income Tax (MTD for IT) will be introduced, and its set to shake up the record keeping, reporting and tax requirements for self-employed people and landlords. Streamlined compliance with Xero Tax: Take control of accounts and tax returns ( Learn more about Xero Tax here.) Whats next?

XERO 244
article thumbnail

Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth.

article thumbnail

Xero Simple is here for small businesses

Xero

From April 2026, small businesses, sole traders and landlords will need to change how they report income tax to HMRC. Anyone with an annual turnover of over 50,000 for the tax 24/25 year will need to start complying from April 2026. For many businesses, MTD for IT may mean investing in digital software or technology for the first time.

XERO 261
article thumbnail

IRS FIRE's going out for 2027 tax season

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email Andrew Harrer/Bloomberg Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, system. All rights reserved. FIRE will not be available for submissions in filing season 2027.

Tax 269