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 4, 2025
Paychex Launches New Accountant Portals
Accountants previously using Paychex’s AccountantHQ (AHQ) can now seamlessly access the broad range of functionality of Paychex Flex through an intuitive dashboard with simplified workflows.
Taxes June 4, 2025
No State Tax is Why the Florida Panthers Are Succeeding? Not Exactly, GM Says
There has been a lot of talk in hockey circles recently how a select group of teams possibly have an upper hand in the NHL because they play in states without an income tax.
Taxes June 4, 2025
IRS Commissioner Nominee Advances to Senate Floor
The Senate Finance Committee voted along party lines on June 3 to approve President Donald Trump’s nomination of former Missouri Rep. Billy Long to lead the IRS over the objections of Democrats.
Technology June 4, 2025
Scytale Acquires AudITech
This acquisition will enable Scytale to offer a variety of security, privacy, and AI compliance automation for standards like SOC 2, ISO 27001, and now SOX IT general controls in one platform.
Taxes June 3, 2025
Senate Faces Delicate Balancing Act on Reconciliation Tax Package
It's not clear yet how extensive the changes to the House's nearly $4 trillion tax package will be, but lawmakers and interest groups see plenty of opportunities for tweaks to suit their needs.
Taxes June 3, 2025
IRS Calls 2025 Tax Season ‘Successful’ Despite Staff Cuts, Revolving Door of Leaders
The IRS completed a "successful 2025 filing season" with 87% of taxpayer phone calls answered by customer service representatives and average wait times of three minutes, the agency said last week, despite workforce reductions and leadership changes that have put the IRS at times in a state of turmoil.
Payroll June 3, 2025
Trump Administration Backs Off on Garnishing Social Security Payments for Student Loan Debt
The Education Department has paused a plan to garnish Social Security payments for beneficiaries who are in default on their student loans, just as the first round of June payments were to hit bank accounts.
Taxes June 3, 2025
Elon Musk Goes Off Again on Trump’s Big, Beautiful ‘Pork-Filled’ Bill
Tech entrepreneur Elon Musk unleashed on President Donald Trump’s “big, beautiful bill” on June 3, marking the second time in a week that the former presidential advisor broke with the president.
Taxes June 3, 2025
Estate Tax Repeal Pending in Congress Raises Debate Over Charity, Wealth Gap
A proposed repeal of the federal estate tax has advocates arguing about whether it would be a long-overdue fix for small business owners and farmers, or an unnecessary move widening the gap between the haves and have-nots even further.
Payroll June 3, 2025
U.S. Job Openings Rose Unexpectedly in April While Hiring Picked Up
Available positions increased to 7.39 million from a revised 7.20 million reading in March, according to Bureau of Labor Statistics data published on June 3.
Financial Reporting June 3, 2025
Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App
This integration gives Amazon Business account holders the ability to issue scenario-based virtual credit cards directly within PivotLynx, enabling pre-approved purchases and eliminating the traditional post-purchase reconciliation process.
Mergers and Acquisitions June 3, 2025
UHY Brings in Sabino & Co. in Missouri
The top 30 accounting firm is adding to its presence in the St. Louis area by merging in CPA firm Sabino & Co., months after combining with another St. Louis-area firm, Botz Deal & Co.