Industry News

Accounting & bookkeeping news for the industries we serve

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California Mandates 'Designated Licensee' for All Trust Accounts as of January 1, 2026

Effective January 1, 2026, new requirements under Business and Professions Code section 6091.3 and rule 2.5 of the Rules of the State Bar will apply to all...

Latest Headlines

Three-Way IOLTA Reconciliation Now Mandatory in 12 States — Firms Have 90 Days to Comply

Law Firms17h ago

IRS Drops 1099 Threshold to $500 — An Estimated 3 Million New Filings Expected

General17h ago

DOL Lowers Prevailing Wage Threshold to $1,500 — HVAC Contractors Face New Payroll Burden

HVACYesterday

Florida, Texas, and California Just Made HOA Financial Audits Mandatory for Smaller Associations

Property MgmtYesterday

SBA Raises Surety Bond Ceiling to $15M — Small Contractors Can Now Chase Bigger Federal Jobs

Construction2d ago