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Top News
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes August 30, 2025
SPECIAL SERIES: Spotlight on 2025 ‘Big Beautiful Bill’ Tax Law Changes
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Special Section: Guide to 2025 Tax Changes August 1, 2025
Trump Tax Law Builds a New Foundation for Taxation
Along with the extensions, the OBBBA makes some other technical tweaks that may benefit some individuals in the lower tax backets. All brackets will continue to be adjusted annually for inflation.
Mergers and Acquisitions August 1, 2025
Emerging Company M&A: Pre-Sale Accounting Best Practices for Buyers and Sellers
Solid exits for emerging companies are increasingly scarce as investors and strategics flee to quality in an uncertain economic landscape.
Advisory August 1, 2025
Alexion.AI Emerges to Empower the Accounting Profession
Alexion acts as connective tissue across firm systems: normalizing unstructured data, reconciling fragmented context, and building AI-powered memory infrastructure.
Firm Management August 1, 2025
Wipfli Scores Investment from New Mountain Capital
This values-aligned partnership will accelerate Wipfli’s growth, expand its investments in talent and technology, and fuel innovation to deepen its impact where it matters most: clients and people.
August 1, 2025
Trump Sets 10% Minimum Global Tariff, Raises Canada Rate to 35%
Most of the rates will take effect after midnight on Aug. 7 to allow time for U.S. Customs and Border Protection to make necessary changes to collect the levies.
Taxes August 1, 2025
IRS Commissioner Targets IRS Direct File for Cancellation
An IRS spokesperson confirmed the agency is awaiting the task force’s findings, which must be delivered to Congress within 90 days.
Tax News
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes August 30, 2025
SPECIAL SERIES: Spotlight on 2025 ‘Big Beautiful Bill’ Tax Law Changes
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Special Section: Guide to 2025 Tax Changes August 1, 2025
Trump Tax Law Builds a New Foundation for Taxation
Along with the extensions, the OBBBA makes some other technical tweaks that may benefit some individuals in the lower tax backets. All brackets will continue to be adjusted annually for inflation.
Taxes August 1, 2025
IRS Commissioner Targets IRS Direct File for Cancellation
An IRS spokesperson confirmed the agency is awaiting the task force’s findings, which must be delivered to Congress within 90 days.
Taxes July 31, 2025
New Federal School Voucher Program Poses a Quandary for States: Opt In or Opt Out?
A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight.
Taxes July 30, 2025
Florida Woman Sentenced for Conspiring with Family to Hide $90M from the IRS
According to court documents: between 2010 and 2022, Gilda Rosenberg, of Golden Beach, conspired with two family members to conceal from the IRS more than $90 million in assets and income.
Small Business July 30, 2025
A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion
A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.
Taxes July 30, 2025
One Big Beautiful Bill Act Changes 1099 Thresholds
The One Big Beautiful Bill Act raises the 1099-MISC and 1099-NEC reporting thresholds to $2,000.
Accounting News
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Financial Reporting July 31, 2025
In Absence of Certainty, CFOs Turn to Technology
Finance leaders can make progress toward maximizing visibility and minimizing spend by quickly adopting emerging technologies, including AI and automation.
Accounting July 31, 2025
Indiana CPA Society Awards Almost $25,000 in Scholarships
The Indiana CPA Educational Foundation provides financial assistance to students pursuing their accounting major and ultimate entry into the CPA profession.
Small Business July 30, 2025
Citing Potential for Fraud, States Pass New Crypto ATM Laws
They may resemble other ATMs, but officials are increasingly warning about the potential for fraud with the expanding fleet of cryptocurrency ATMs popping up across the country.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Accounting July 30, 2025
Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme
Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.
Small Business July 30, 2025
Reciprocal Tariffs Explained: Impact on U.S. Businesses
Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.
Small Business July 30, 2025
A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion
A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.
Payroll News
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Payroll July 30, 2025
U.S. Small Business Job Growth Remains Stable in July
Job growth among U.S. small businesses with fewer than 50 employees is holding steady, according to the Paychex Small Business Employment Watch for July.
Payroll July 30, 2025
U.S. Economic Growth Has Slowed in 2025
U.S. economic growth moderated through the first half of the year as consumers tempered their spending after a late-2024 splurge and companies adjusted to frequently shifting trade policy.
Payroll July 30, 2025
More Americans Are Turning to Digital Vaults to Protect Themselves and Their Legacy
A fast-growing solution is the digital vault: a secure, cloud-based platform for storing and sharing everything from wills and health directives to insurance documents and passwords.
Payroll July 30, 2025
Despite Inflation Being Less Impactful, 1 in 3 Back-to-School Shoppers Are Making Changes to Save
Inflation continues to plague back-to-school shoppers, but less so than in years past, according to a new Bankrate survey, perhaps indicating Americans have become more accustomed to paying higher prices.
Payroll July 29, 2025
65% of Gen Z Concerned Over AI Consider Switch to Trade Career
Gen Z workers are questioning the value of college, rethinking corporate paths, and increasingly considering hands-on, AI-resistant careers.
Payroll July 29, 2025
Social Security Makes Major Decision for Beneficiaries Who Receive Paper Checks
The Social Security Administration is backing away from a plan that would have eliminated paper checks for benefit payments issued to beneficiaries.
Payroll July 29, 2025
Your Boss Can Fire You For These Off-Duty Social Media Posts, Legal Expert Warns
A law firm CEO explains how at-will employment laws allow companies to terminate workers for off-duty social media activity that conflicts with their values.
Technology News
Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Advisory August 1, 2025
Alexion.AI Emerges to Empower the Accounting Profession
Alexion acts as connective tissue across firm systems: normalizing unstructured data, reconciling fragmented context, and building AI-powered memory infrastructure.
Small Business July 30, 2025
Citing Potential for Fraud, States Pass New Crypto ATM Laws
They may resemble other ATMs, but officials are increasingly warning about the potential for fraud with the expanding fleet of cryptocurrency ATMs popping up across the country.
Small Business July 30, 2025
Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile
Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.
Taxes July 29, 2025
IRS Reminds Tax Pros of Requirement for a Written Information Security Plan (WISP)
As part of a special five-part series, the IRS and its Security Summit partners highlight the importance of tax pros creating and maintaining a WISP.
Technology July 29, 2025
Smart Clerk Releases AI Bookkeeping Tool for SMBs
AI-enabled software provider Smart Clerk on July 29 launched its AI-powered bookkeeping tool designed to simplify accounting for small and medium-sized businesses.
Accounting July 29, 2025
Lack of Trust Stands in the Way of Agentic AI Adoption
Just 13.5% of respondents say their organizations are already using agentic AI — although 33.6% say they are currently building or have future plans to adopt the technology.
Technology July 29, 2025
UHY Partners with Secure AIs to Expand Technology Compliance Offerings
UHY on Tuesday announced a new partnership with AI governance and security platform Secure AIs, which will enable the top 30 firm to expand its technology compliance offerings for clients.
Firm Management News
Mergers and Acquisitions August 1, 2025
Emerging Company M&A: Pre-Sale Accounting Best Practices for Buyers and Sellers
Solid exits for emerging companies are increasingly scarce as investors and strategics flee to quality in an uncertain economic landscape.
Advisory August 1, 2025
Alexion.AI Emerges to Empower the Accounting Profession
Alexion acts as connective tissue across firm systems: normalizing unstructured data, reconciling fragmented context, and building AI-powered memory infrastructure.
Firm Management August 1, 2025
Wipfli Scores Investment from New Mountain Capital
This values-aligned partnership will accelerate Wipfli’s growth, expand its investments in talent and technology, and fuel innovation to deepen its impact where it matters most: clients and people.
Firm Management July 31, 2025
Edge Marketing Launches GEO Service to Boost Brand Authority in AI Search
Traditional SEO alone is no longer sufficient; success now means being cited, sourced and recommended by both human audiences and generative AI.
Firm Management July 30, 2025
The AI Hierarchy: Execs Use AI 4X More Than Frontline Workers
A new report reveals a growing gap in AI adoption between senior leadership and frontline staff: while 72% of C-suite/VP executives use AI daily, only 18% of individual contributors (ICs) do the same.
Firm Management July 29, 2025
Grant Thornton to Join Forces with Auxis for Nearshoring Services
The transaction is another important step as Grant Thornton creates the industry’s first full-service advisory offering, amplified by AI and advanced technologies.
Mergers and Acquisitions July 29, 2025
Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group
The private equity-backed top 60 firm has expanded into the Atlanta market by combining with AGL CPA Group, a Duluth, GA-based CPA and advisory firm, effective July 16.
Firm Management July 29, 2025
Craig Underhill to Retire After 30 Years with BDCo; Guy Carl Named New Managing Partner
In 2008, CPA Practice Advisor interviewed him for a series on forward-thinking accounting firms. Even back then, Underhill identified the importance of client relationships ...
Webinars
August 4, 2025
CPE Webcast: From 14 tools to 4: Why Modern Firms are Switching to Canopy
In this session, Lera Kooper walks through how her firm used Canopy to unclunk their operations, going from 14 tools down to just 4. You'll get a behind-the-scenes look at what it really takes to simplify and streamline your firm.
September 12, 2025
On-Demand CPE Webinar: Using Technology to Deliver Efficiencies and Elevate Your Tax Clients’ Experience
In today’s fast-paced tax environment, leveraging technology is key to delivering an exceptional client experience while improving efficiency within your firm.
August 14, 2025
CPE Webcast: Smarter Audits, Less Chaos: Building Future‑Ready Audit Workflows with AI and Integration
When your teams are caught in a grind of manual tasks, fragmented tools, and version-control headaches, chaos often ensues. But there’s a smarter way.
July 31, 2025
CPE Webcast: Best Practices for a Successful Migration to a New Payroll Platform
Is your firm grappling with outdated payroll software but nervous about switching software platforms? Attend this for a detailed exploration of best practices for a smooth and successful payroll software conversion that could be your most profitable move yet.