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Top News
Taxes July 15, 2026
Here’s How Much Americans Pay in Taxes Over Their Lifetime
In fiscal year 2025, the federal government collected $2.66 trillion in individual income taxes. But how much will the average American pay in income and other taxes throughout their lifetime?
Accounting July 13, 2026
Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards
The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.
Technology July 15, 2026
Firm360 Introduces AutoPrep
Practice management platform Firm360 announced Firm360 AutoPrep, a tax prep automation capability powered by Juno.
Technology July 15, 2026
Canopy Launches Comprehensive Tax Workflow Automation
The new suite prioritizes firm control by keeping every AI-generated output fully transparent and editable before it reaches the client.
Risk Management July 15, 2026
Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services
Fieldguide’s agentic platform will be the technology foundation behind CompliAI, Grant Thornton’s AI controls and risk assessment tool.
Taxes July 15, 2026
Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare
The old adage “the best defense is a good offense” applies equally to football games and IRS tax-exempt audits.
Firm Management July 15, 2026
Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There
Understanding what the client wants is the beginning of advisory. Advisory is quite different from what the client would expect from compliance services.
Benefits July 15, 2026
Social Security’s New COLA Prediction is Out and It’s More of the Same for Retirees
Inflation-weary retirees won’t see much relief in the latest projections regarding next year’s Social Security increase.
Tax News
Taxes July 15, 2026
Here’s How Much Americans Pay in Taxes Over Their Lifetime
In fiscal year 2025, the federal government collected $2.66 trillion in individual income taxes. But how much will the average American pay in income and other taxes throughout their lifetime?
Technology July 15, 2026
Canopy Launches Comprehensive Tax Workflow Automation
The new suite prioritizes firm control by keeping every AI-generated output fully transparent and editable before it reaches the client.
Taxes July 15, 2026
Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare
The old adage “the best defense is a good offense” applies equally to football games and IRS tax-exempt audits.
Taxes July 15, 2026
Ferguson Campaigns Against Initiative to Repeal Washington ‘Millionaires Tax’
Gov. Bob Ferguson kicked off a campaign to preserve the state’s new high-earners income tax on Tuesday, arguing an initiative to kill the tax would have disastrous consequences for schools, small businesses and families.
Taxes July 15, 2026
Make the IRS an Offer It Can’t Refuse
The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.
Taxes July 14, 2026
AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.
Taxes July 14, 2026
California Lawmakers Cry Foul Over New Cap Placed on Film Tax Credits
More than three dozen California legislators are calling for Gov. Gavin Newsom to exempt the state’s film and TV production incentive program from a recently approved cap on corporate tax credits.
Taxes July 14, 2026
Hawaii’s New ‘Millionaire Tax’ Rivals Top Tax Rate Among Other States
Personal income tax rates in Hawaii will become a little more progressive next year in part due to a new top rate for high-income households that puts the isles closer to the state with the highest rate.
Accounting News
Accounting July 13, 2026
Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards
The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.
Mergers and Acquisitions July 15, 2026
Shultz Huber & Associates Expands Its Footprint in Ohio
Regional accounting firm Shultz Huber & Associates has added Stroh, Johnson & Company, with locations in Wapakoneta, Lima and Minster, OH.
Firm Management July 14, 2026
Prosperity Partners Flips Investors
Prosperity Partners has completed its first flip, as private equity group Lightyear Capital has made a majority investment in the Chicago-based tax, client accounting, and transaction support services firm, while Unity Partners maintains a minority stake.
Small Business July 14, 2026
NFIB Jobs Report: Small Business Openings Rebound
The June Jobs Report of the National Federation of Independent Business shows the Small Business Employment Index remained essentially flat, registering 100.2 in June after measuring 100.3 in May.
Small Business July 14, 2026
SMB AI Use Continues to Rise, But They Need Help
AI adoption among U.S. small businesses has risen to 66%, up from 55% a year ago.
Accounting July 14, 2026
4impactdata Launches 4ID Foresight: The Client Retention and Growth System for CPA Firms
Accounting firms are under pressure to do more with fewer people while clients increasingly expect proactive guidance instead of historical reporting.
Financial Reporting July 13, 2026
Enterprises Are Deploying AI Faster Than They Can Govern It
55% of enterprises are actively deploying AI, yet only 26% say their governance frameworks are fully aligned with the pace of implementation.
Accounting July 13, 2026
Virginia Society of CPAs and Blue J Partner to Support CPAs with AI Research
Blue J supports workflows across compliance, advisory, training, tax writing and more.
Payroll News
Benefits July 15, 2026
Social Security’s New COLA Prediction is Out and It’s More of the Same for Retirees
Inflation-weary retirees won’t see much relief in the latest projections regarding next year’s Social Security increase.
Benefits July 15, 2026
Social Security Rolls Out 2 Major Changes
Two major administrative changes—both aimed at improving customer service and satisfaction—were announced recently by the Social Security Administration.
Artificial Intelligence July 15, 2026
Economists, Tech Leaders Warn AI Could Bring ‘Large-Scale Job Displacement’ and Other Risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going to have on the economy.
Small Business July 14, 2026
NFIB Jobs Report: Small Business Openings Rebound
The June Jobs Report of the National Federation of Independent Business shows the Small Business Employment Index remained essentially flat, registering 100.2 in June after measuring 100.3 in May.
Payroll July 14, 2026
Government-Seeded Accounts Could Test Trump’s ‘Communists’ Claim
President Donald Trump’s recent attacks on democratic socialists who have won Democratic Party primaries could clash with his idea of creating investment accounts for American adults.
Human Resources July 13, 2026
9 in 10 HR Leaders Regret AI-Driven Layoffs, New Survey Finds
As artificial intelligence adoption rises, so does AI-driven restructuring, with more organizations rethinking roles, responsibilities, and headcount.
Payroll July 13, 2026
Quiet Summer Offices Fuel ‘Job Scrolling’ Among U.S. Employees
This new trend has become a way for employees to feel safe, reassuring them that options still exist even when they're not actively looking for a new job, Careerminds says.
Payroll July 13, 2026
Study: Top 10 Riskiest States to Quit Your Job Right Now
With more than 4 million Americans voluntarily leaving their jobs each month, a July 2026 report by Affordable Contractors Insurance reveals the top 10 states where it's hardest to start over and find a new employer.
Technology News
Technology July 15, 2026
Firm360 Introduces AutoPrep
Practice management platform Firm360 announced Firm360 AutoPrep, a tax prep automation capability powered by Juno.
Technology July 15, 2026
Canopy Launches Comprehensive Tax Workflow Automation
The new suite prioritizes firm control by keeping every AI-generated output fully transparent and editable before it reaches the client.
Risk Management July 15, 2026
Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services
Fieldguide’s agentic platform will be the technology foundation behind CompliAI, Grant Thornton’s AI controls and risk assessment tool.
Firm Management July 15, 2026
Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There
Understanding what the client wants is the beginning of advisory. Advisory is quite different from what the client would expect from compliance services.
Artificial Intelligence July 15, 2026
Economists, Tech Leaders Warn AI Could Bring ‘Large-Scale Job Displacement’ and Other Risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going to have on the economy.
Technology July 14, 2026
Acumatica Buys Vertrax
Cloud ERP company Acumatica has acquired Vertrax, a provider of cloud-native software solutions for the fuel and energy distribution industry and a longtime Acumatica partner.
Artificial Intelligence July 14, 2026
HBK Monitor360 Smart Monitoring Platform Brings Physics-Informed AI to Critical Assets
A key differentiator for HBK Monitor360 is its physics-informed AI approach, which draws on HBK’s long-standing experience in engineering and sensor technology.
Small Business July 14, 2026
SMB AI Use Continues to Rise, But They Need Help
AI adoption among U.S. small businesses has risen to 66%, up from 55% a year ago.
Firm Management News
Accounting July 13, 2026
Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards
The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.
Firm Management July 15, 2026
Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There
Understanding what the client wants is the beginning of advisory. Advisory is quite different from what the client would expect from compliance services.
Mergers and Acquisitions July 15, 2026
Shultz Huber & Associates Expands Its Footprint in Ohio
Regional accounting firm Shultz Huber & Associates has added Stroh, Johnson & Company, with locations in Wapakoneta, Lima and Minster, OH.
Firm Management July 14, 2026
Prosperity Partners Flips Investors
Prosperity Partners has completed its first flip, as private equity group Lightyear Capital has made a majority investment in the Chicago-based tax, client accounting, and transaction support services firm, while Unity Partners maintains a minority stake.
Firm Management July 14, 2026
Platform Accounting Group Opens in South Carolina
This marks Platform’s first South Carolina-based location and expands its reach in the Southeastern United States.
Accounting July 14, 2026
4impactdata Launches 4ID Foresight: The Client Retention and Growth System for CPA Firms
Accounting firms are under pressure to do more with fewer people while clients increasingly expect proactive guidance instead of historical reporting.
Firm Management July 13, 2026
India Accounting Firm Joins Abacus Worldwide Association
Based in Bangalore, Finactro is an accounting advisory and finance outsourcing firm founded by former Big Four professionals.
Firm Management July 13, 2026
What AI Agents Actually Mean for CPA Firms, and Why the Distinction Matters
Most AI tools available to firms today are sophisticated question-answerers: you ask, they respond, and the work of applying that answer is still yours.
Webinars
June 16, 2026
Archived Webcast: The Post-Busy Season Audit: Turning Pain Points into Progress
This practical webinar helps tax and accounting professionals make sense of what worked—and what didn't—during busy season. You'll identify key operational and workflow challenges, translate lessons learned into actionable improvements, and set the stage for a more efficient, less stressful 2027 busy season.
June 9, 2026
Archived Webinar: Ask Ryan Lazanis Anything
Tax season might be in the rearview mirror, but for many firm owners, the sprint never ends. If you feel like your firm is running you, instead of the other way around, bring your questions to Ryan Lazanis, CPA, of Future Firm Accelerate in this “Ask Me Anything” webinar.
May 28, 2026
Archived Webcast: Why Post–Tax Season is the perfect time to move your firm to the cloud
As another tax season wraps up, many smaller tax prep firms are left reflecting on what slowed them down: system crashes, limited remote access, hardware issues, or constantly troubleshooting outdated on‑premise tax software. If these pain points feel familiar, then this is the right time to explore a move to a modern cloud‑based tax platform.
March 26, 2026
Archived Webinar: Becoming a Modern Firm: The 5 Stages of Development
What separates high-performing, future-ready accounting firms from those struggling to keep up?