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.
CAS June 5, 2025
Progress Software Launches New ShareFile Features for Automation and Client Experience
With staffing shortages and client expectations on the rise, many accounting firms are struggling to keep pace, especially when administrative burdens reduce time for strategic advisory services.
Payroll June 5, 2025
House Panel Confronts Trump Budget Chief Over Federal Worker Firings
Members of a House subcommittee questioned Russell Vought on June 4 over the Trump administration’s mass firings of federal workers, freezing of federal grants and trampling Congress’ authority.
Taxes June 4, 2025
Elon Musk Pressures Congress to ‘Kill’ Trump’s ‘Big, Beautiful Bill’
The former presidential advisor stepped up his fight against the One Big Beautiful Bill Act on June 4, calling on Americans to pressure their representatives in Washington to “kill” the legislation.
Taxes June 4, 2025
Trump’s Tax Bill Would Add $2.4 Trillion to the Deficit, CBO Analysis Finds
If President Donald Trump’s “big, beautiful bill” passes, taxes will be cut by roughly $3.75 trillion but it will add $2.4 trillion to the overall deficit over the next decade, according to a new report from the Congressional Budget Office.
Technology June 4, 2025
Global Payments and Sage Team on Embedded Vendor Payments Solution
Global Payments announced on June 4 that its MineralTree business and Sage have launched a vendor payments solution built directly within Sage Intacct.
Mergers and Acquisitions June 4, 2025
Prosperity Partners Acquires Danaher Attig & Plante in Vermont
The private equity-backed tax and accounting firm has entered Vermont after acquiring Danaher Attig & Plante, a South Burlington-based public accounting firm.
Taxes June 4, 2025
GOP Leaders Push Back on Musk ‘Abomination’ Criticism of Trump Tax Bill
Republican congressional leaders pushed back Wednesday on Elon Musk’s harsh criticism of President Trump’s signature budget bill as a fiscally dangerous “disgusting abomination.”
Taxes June 4, 2025
Nuclear Projects Would Have ‘Collapsed’ Without Tax Credits, Fleischmann Says
The House kept some tax credit incentives for new nuclear projects in its tax break and immigration megabill because the industry would die out without them, said U.S. Rep. Chuck Fleischmann (R-TN).
Accounting June 4, 2025
AICPA and CIMA Partner with Oxford University to Offer Executive Program on Sustainability Reporting and ESG Data Management
The program uses a mix of multimedia learning material, webinars, and optional weekly group sessions led by the course tutors.
Accounting June 4, 2025
Karbon Launches End-to-End Tax Workflows, AI Innovations, and Practice Intelligence
Karbon’s new tax workflows and features enable firms to manage the entire tax work lifecycle, from client intake to filing and archiving, while improving speed, reducing manual work, and increasing transparency.
Accounting June 4, 2025
Smarsh Unveils Major Platform Innovations, Next-Gen AI and Robust APIs for Smarter Financial Oversight
Smarsh Capture provides compliance teams with enhanced tools to securely govern Microsoft 365 Copilot and significantly enhance productivity.
Mergers and Acquisitions June 4, 2025
Aprio Acquires Advisory Firm Nextfed
The Atlanta-based top 30 firm said June 4 it has acquired Nextfed, an Arlington, VA-based strategy consulting and M&A advisory firm with experience in the commercial aerospace, defense, and government services sectors.