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.
Sales Tax July 28, 2025
Sales Tax Rates and Rules Changes Skyrocket Across States in 2025, Says Vertex Report
In the first half of 2025, states made 408 sales tax rate changes and new rates – a 24% increase compared to the first half of 2024.
Accounting July 28, 2025
Sage Acquires Fyle for Expense Management Workflow
Fyle was born out of the founders’ personal frustrations with expenses – managing clunky workflows, manually aligning receipts to charges, and waiting long periods while employers processed reimbursements.
Mergers and Acquisitions July 28, 2025
KSM Brings in CPA Firm MichaelSilver in Illinois
Top 60 accounting firm Katz, Sapper & Miller announced Monday its formal entry into the Chicago market with the addition of MichaelSilver, a Deerfield, IL-based advisory, tax, and assurance firm serving clients for more than 80 years.
Mergers and Acquisitions July 28, 2025
Frazier & Deeter Adds Anglin Reichmann Armstrong
The private equity-backed top 50 firm said on July 28 that it has acquired Anglin, a CPA and advisory firm with offices in Huntsville, AL, Pensacola, FL and Winter Haven, FL.
State and Local Taxes July 28, 2025
One Tax Change in Trump’s ‘Big Beautiful Bill’ That Even Illinois Gov. JB Pritzker Supports
The budget reconciliation plan Republicans pushed through Congress this summer includes a tax change that Democrats as well as some Republicans in high-tax blue states have backed for years.
Firm Management July 28, 2025
CBIZ CPAs Appoints New President and CEO
CBIZ CPAs, the firm formerly known as Mayer Hoffman McCann, on July 24 announced that Jeff Gluck would be its new president and CEO as part of a leadership team restructuring.
Firm Management July 28, 2025
KPMG Names National Managing Partners and Principals, New Chief Strategy Officer
The Big Four firm recently announced its roster of national managing partners and principals, as well as Phil Isom as its chief strategy officer.
Small Business July 28, 2025
More Americans Will Rely on Debt and Pay Later Plans this Holiday Season, Shows Survey
Nearly half (47%) of respondents anticipate spending the most on holiday purchases in 2025 with Amazon, other big box retailers like Walmart, Target, etc. (32%), Black Friday/Cyber Monday (25%), and 18% with small businesses.
Payroll July 28, 2025
Analysis Shows Trump Tax and Deportation Plans Could Disrupt 6 Million Jobs
The analysis builds on recent economic research that found previous increases in immigration enforcement caused widespread job losses for both immigrant and U.S.-born workers.
Taxes July 28, 2025
In Las Vegas, House Republicans Take Victory Lap on ‘No Tax on Tips’ Policy
"No tax on tips" took center stage on July 25 during a visit from the House Ways and Means Committee to Las Vegas to promote President Donald Trump's One Big Beautiful Bill Act.
Small Business July 28, 2025
Lawmakers Introduce Bipartisan Bill in the Senate to Boost Retirement Security Through Employee Ownership
The Promotion and Expansion of Private Employee Ownership Act of 2025 would encourage S corporation business owners to form Employee Stock Ownership Plans (ESOPs).
Taxes July 28, 2025
4 Rich Colleges Dodged a Big Trump Tax—and May Have an Unlikely Ally to Thank
Four small wealthy and elite private colleges in Massachusetts may have a conservative college in the Midwest in part to thank for escaping a hike in an endowment tax under President Donald Trump’s tax law.