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 June 13, 2025
10 States Where People Have the Highest Incomes
WalletHub set out to find the states where people make the most money by analyzing the average annual income of the top 5% of each state, the average income of the bottom 20%, and the median income for all residents.
Payroll June 13, 2025
Layoff Fears Leave 1 in 3 U.S. Workers Scared to Use PTO
Rising job insecurity is reshaping how Americans are approaching vacations this summer, as 29% of workers say recent layoffs or fear of job loss have made them hesitant to take time off for fun in the sun, according to a new report.
Firm Management June 13, 2025
KPMG Elects Will Williams as Next Americas Region Chair
Williams, vice chair of operations for the U.S. Big Four firm, will take over as chair of KPMG's Americas region on July 1, succeeding Paul Knopp, who has held the position since 2020.
Firm Management June 13, 2025
Two More Accounting Firms Join Ascend Platform
San Luis Obispo, CA-based Glenn Burdette and Saltmarsh, Cleaveland & Gund, which has offices in Pensacola and Tampa, FL, were the latest to join Ascend on June 1.
Small Business June 13, 2025
Cost of Trump’s Tariffs Hits Home, as Several Goods and Services Surge to Record Highs
President Donald Trump’s trade war is affecting Americans from buying groceries to paying electric bills, with the cost of bananas, ground beef, and electricity surging to all-time highs.
Taxes June 13, 2025
Ex-Lawyer Michael Avenatti Gets Nearly 8 More Years in Prison in Tax Case
The lawyer who represented adult film star Stormy Daniels in her court battles against President Donald Trump, was resentenced June 12 to 11 years in prison for dodging taxes and stealing millions of dollars from clients.
IRS June 12, 2025
Senate Confirms Billy Long as IRS Commissioner
The former Missouri lawmaker won confirmation on June 12 to be the next commissioner of the IRS, leading an agency that will play a key role in administering new tax breaks if Congress passes the “big, beautiful” reconciliation package.
Taxes June 12, 2025
CBO: Republican Budget Bill Would Take From the Poor, Give to the Rich
The reconciliation bill passed by the House would most benefit high earners and reduce financial resources available to the lowest-income households, the Congressional Budget Office said on June 12.
Accounting June 12, 2025
What to Do When the Future Looks Scary (Again)
Your team, clients and community look to you for guidance. So let’s revisit that advice and update it for the here and now.
Small Business June 12, 2025
Accountants’ Recent Pessimism Driven by Economic and Policy Uncertainty
A new report released on June 11 by Avalara reveals a steep decline in optimism among U.S. accountants who advise small and midsized businesses.
IRS June 12, 2025
Tax Industry Groups Urge Treasury to Prioritize IRS Stability
A coalition representing tax professionals urged the Treasury Department in a letter to take immediate steps to preserve core IRS functions—for both taxpayers and practitioners—amid workforce reductions at the tax agency.
Technology June 12, 2025
Aiden Now Fully Transactable in Microsoft Azure Marketplace
Aiden's availability in the Azure Marketplace enables customers to use this pre-approved budget to purchase Aiden directly, at a discount.