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 July 29, 2025
Bipartisan Senate Bill Would Expand Tax Credits for Businesses Hiring Student Veterans
The legislation would incentivize businesses to hire student veterans through an expansion of the Work Opportunity Tax Credit.
Accounting July 29, 2025
Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients
A New Milford accountant was sentenced on July 29 to three years in prison for stealing tens of thousands of dollars from clients, resolving three cases against him.
Taxes July 29, 2025
Corporate Head Tax on Table to Fix Chicago Budget, Mayor Says
Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax.
Taxes July 29, 2025
AICPA Signals Support for Legislation Allowing Domestic Abuse Survivors to File Taxes as Single
The Survivor Assistance for Fear-free and Easy Tax Filing Act of 2025 (SAFE Act) allows survivors of domestic abuse or spousal abandonment to file their taxes as if they were not married.
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.
Taxes July 29, 2025
Karbon, Ignition and SmartVault Partner to Simplify and Streamline Tax Workflows for Intuit ProConnect Firms
This partnership brings together the best-in-class Intuit ProConnect integrated apps across practice management, client engagements and payments, and document management.
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.
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.
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.
Accounting July 29, 2025
Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement
Richard Mandarino, 46, of Scarborough, Ontario, who pleaded guilty last year to a federal wire fraud charge, was sentenced to two years and two months in federal prison and ordered to pay more than $1.8 million in restitution to his victims.
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.
Advisory July 29, 2025
How to Help Clients who Provide Care for Mentally Ill Family Members
Caring for a mentally ill loved one involves a journey of discovery – it’s like you’re venturing into unexplored territory. And like all good explorers, you have to leave a map for those who will follow in your footsteps.