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.
Accounting July 8, 2025
Massachusetts Accountant Who Stole $1.2M From Her Own Job Sentenced to Prison
Ashley Sumner, 39, of Weymouth, was sentenced to three and a half years in prison for stealing over $1.2 million from the business where she worked as an accountant.
Taxes July 8, 2025
Trump Issues New Tariff Rates with Aug. 1 Deadline
President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea starting next month.
Taxes July 7, 2025
Bill Introduced to Combat ‘Anti-Gambling’ Measure in Trump Tax Bill
A Nevada lawmaker has proposed a bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings, which was altered in the One Big Beautiful Bill Act signed into law last week.
Auditing July 7, 2025
PCAOB Shares Good Practices for Auditors on Engagement Acceptance
This edition of "Audit Focus" highlights key reminders for auditors of small public companies or brokers and dealers on engagement acceptance and why it's a critical part of the audit process.
Accounting July 7, 2025
Sage Future 2025 Sets a New Standard for High-Performance Finance
Held at the Georgia World Congress Center in Atlanta from June 2–5, the event gathered thousands of attendees eager to explore the future of high-performance finance.
Mergers and Acquisitions July 7, 2025
LMC Merges with Stephen A. Kepniss & Associates in New Jersey
The deal enables LMC to expand its service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.
Small Business July 7, 2025
Grant Thornton Digital Transformation Survey Shows Business Tech Investments Rising
With the right systems and data in place, leaders need to connect those technology initiatives directly with business outcomes and customer experience improvements that lead to increased revenue.
Mergers and Acquisitions July 7, 2025
Ascend Adds Accounting Firms in New York, North Carolina
Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.
CAS July 7, 2025
43% of Finance Teams Question Their Own Tariff Preparedness
The insightsoftware study reveals that access to modern forecasting tools and real-time data creates a decisive advantage in navigating economic uncertainty.
Mergers and Acquisitions July 7, 2025
Sorren Adds Williams Overman Pierce in North Carolina
Sorren, which formed last spring and is comprised of 13 accounting firms across the U.S., has added a 14th firm to its roster—Raleigh, NC-based Williams Overman Pierce.
Accounting July 7, 2025
AICPA News – July 2025
AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Small Business July 7, 2025
How to Help Small Business Clients Navigate Business Registrations
Here are answers to common questions for your small business clients when it comes to business registration, fees, and licenses.