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Top News
Taxes May 18, 2025
New York Republican Pushes for Higher Tax Rate to Pay for SALT
“Allowing the top tax rate to expire—returning from 37% to 39.6% for individuals earning more than $609,350 and married couples earning more than $731,200—breathes $300 billion of new life into the effort." Rep. Nick LaLota posted on X.
Small Business May 17, 2025
Trump’s Pause on China Tariffs is Still a ‘Huge Nightmare’ for Small Businesses
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for U.S. small businesses.
Taxes May 16, 2025
Rep. Andrew Clyde, Other Rebel Republicans Derail Trump’s ‘Big, Beautiful Bill’
Although Clyde and other conservatives support the tax cuts in this package, they said they worry that the GOP plan doesn’t go far enough to cut spending and change how Medicaid works.
Taxes May 16, 2025
Trump’s ‘Big, Beautiful’ Budget Package Bottled Up in House Committee, for Now
House Republican leaders couldn’t nail down the votes needed to advance the GOP’s giant budget reconciliation bill out of the Budget Committee on Friday in the face of opposition from a handful of hard-line Freedom Caucus members.
Taxes May 16, 2025
Tax Court Delivers Bad News to Tardy Taxpayer
In a new case, an office mix-up authorizing the wrong FedEx service resulted in a missed tax deadline. The Tax Court addressed whether the “equitable tolling” doctrine grants the taxpayer a reprieve.
Mergers and Acquisitions May 16, 2025
Mauldin & Jenkins Joins Forces With Bradshaw, Gordon & Clinkscales in South Carolina
The merger, which is effective June 1, aligns with the top 75 firm's mission to offer comprehensive accounting and advisory solutions to clients while expanding its footprint in key markets, Mauldin & Jenkins Managing Partner Hanson Borders said.
Accounting May 16, 2025
Accounting MOVE Project Launches 2025 Survey
This year’s research reflects a pivotal shift in how inclusion is measured—prioritizing workplace belonging and measurable career equity outcomes, regardless of whether firms use the term “DEI.”
Taxes May 16, 2025
Trump-Backed Tax Bill Would Expand Child Tax Credit, Establish ‘MAGA Accounts’ for Kids
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s “One, Big, Beautiful Bill.”
Tax News
Taxes May 18, 2025
New York Republican Pushes for Higher Tax Rate to Pay for SALT
“Allowing the top tax rate to expire—returning from 37% to 39.6% for individuals earning more than $609,350 and married couples earning more than $731,200—breathes $300 billion of new life into the effort." Rep. Nick LaLota posted on X.
Taxes May 16, 2025
Rep. Andrew Clyde, Other Rebel Republicans Derail Trump’s ‘Big, Beautiful Bill’
Although Clyde and other conservatives support the tax cuts in this package, they said they worry that the GOP plan doesn’t go far enough to cut spending and change how Medicaid works.
Taxes May 16, 2025
Trump’s ‘Big, Beautiful’ Budget Package Bottled Up in House Committee, for Now
House Republican leaders couldn’t nail down the votes needed to advance the GOP’s giant budget reconciliation bill out of the Budget Committee on Friday in the face of opposition from a handful of hard-line Freedom Caucus members.
Taxes May 16, 2025
Tax Court Delivers Bad News to Tardy Taxpayer
In a new case, an office mix-up authorizing the wrong FedEx service resulted in a missed tax deadline. The Tax Court addressed whether the “equitable tolling” doctrine grants the taxpayer a reprieve.
Taxes May 16, 2025
Trump-Backed Tax Bill Would Expand Child Tax Credit, Establish ‘MAGA Accounts’ for Kids
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald Trump’s “One, Big, Beautiful Bill.”
Small Business May 16, 2025
Trump to Keep 30% China Tariffs Through Late 2025, Analysts Say
President Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the U.S. after the 90-day truce, suggesting Beijing may have to endure further economic pain despite active talks.
Taxes May 15, 2025
NY GOP Rep. Mike Lawler Calls MTG ‘Jewish Space Laser Lady’ in SALT Feud
Rep. Mike Lawler traded insults with fellow Republican Rep. Marjorie Taylor Greene in a nasty online spat over his push for a higher cap on deducting state and local taxes.
Taxes May 15, 2025
IRS: Applications for TCE and VITA Grants Accepted Through May 31
The Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants allow eligible organizations to apply for annual funding to provide free federal tax return preparation assistance for up to three years.
Accounting News
Small Business May 17, 2025
Trump’s Pause on China Tariffs is Still a ‘Huge Nightmare’ for Small Businesses
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for U.S. small businesses.
Mergers and Acquisitions May 16, 2025
Mauldin & Jenkins Joins Forces With Bradshaw, Gordon & Clinkscales in South Carolina
The merger, which is effective June 1, aligns with the top 75 firm's mission to offer comprehensive accounting and advisory solutions to clients while expanding its footprint in key markets, Mauldin & Jenkins Managing Partner Hanson Borders said.
Accounting May 16, 2025
Accounting MOVE Project Launches 2025 Survey
This year’s research reflects a pivotal shift in how inclusion is measured—prioritizing workplace belonging and measurable career equity outcomes, regardless of whether firms use the term “DEI.”
Payroll May 16, 2025
The ‘Motherhood Penalty’: Mothers Earned 35% Less Than Fathers in 2024
A new Bankrate analysis of Census Bureau Current Population Survey data reveals full-time working fathers earned 35% more in wages than mothers working full-time in 2024, a wider disparity than in 2023 and 2022.
Small Business May 16, 2025
Trump to Keep 30% China Tariffs Through Late 2025, Analysts Say
President Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the U.S. after the 90-day truce, suggesting Beijing may have to endure further economic pain despite active talks.
Auditing May 15, 2025
PCAOB Shares Insights From Chats With Audit Committee Chairs
The Public Company Accounting Oversight Board released a new publication on May 15 that highlights the results of conversations that board staff had with audit committee chairs of U.S. public companies and broker-dealers last year.
Accounting May 15, 2025
FASB OKs Update to Guidance on Share-Based Consideration Payable to a Customer
The Financial Accounting Standards Board issued an Accounting Standards Update on May 15 that clarifies accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
Mergers and Acquisitions May 15, 2025
Armanino Snaps Up Cooper Savas in Utah
The private equity-backed top 20 firm has entered the Utah market by acquiring Cooper Savas, a full-service public accounting firm based in Salt Lake City.
Payroll News
Payroll May 16, 2025
The ‘Motherhood Penalty’: Mothers Earned 35% Less Than Fathers in 2024
A new Bankrate analysis of Census Bureau Current Population Survey data reveals full-time working fathers earned 35% more in wages than mothers working full-time in 2024, a wider disparity than in 2023 and 2022.
Payroll May 16, 2025
U.S. Spring Homebuying Season Off to its Weakest Start in Five Years
Deals were down 3% from last April, already seen as a low mark. Active listings for April also ballooned to the highest level since 2019, suggesting homes are piling up on the market.
Payroll May 15, 2025
3 Ways Women Can Strengthen Their Finances
A NerdWallet survey shows that women are less likely than men to have gotten a raise in the last year and some are dependent on their partner financially. Here are a few ways women can put themselves in a better money position this year.
Accounting May 14, 2025
7 Surprising Signs You’re Burning Out at Work, According to Experts
Business experts reveal the seven silent signs of job burnout you might already be experiencing—plus what to do about them before it starts impacting your mental health, productivity, and long-term career.
Human Resources May 13, 2025
These 7 Passive Email Phrases Could Be Costing You a Promotion, Expert Warns
These phrases may seem harmless but cutting them from your emails now could be the small change that makes a big difference in how you’re perceived during promotion reviews.
Payroll May 13, 2025
How ‘Unretiring’ to Go Back to Work Can Affect Your Social Security Benefits
Does heading back to work mean giving up Social Security benefits? The answer depends on how old a person is and what their current benefits are. Here are four key things “unretirees” should consider before switching back to being a worker.
Payroll May 12, 2025
Trump Must Halt Mass Layoffs of Federal Workers, Judge Rules
President Donald Trump’s February executive order calling for a radical reorganization of the federal workforce likely violates the Constitution, U.S. District Court Judge Susan Illston said.
Payroll May 12, 2025
43% of Americans Say Money is Negatively Affecting Their Mental Health, Survey Finds
More than 2 in 5 (43%) U.S. adults say money negatively affects their mental health, at least occasionally, causing anxiety, stress, worrisome thoughts, loss of sleep, depression and other effects, according to Bankrate.
Technology News
Technology May 15, 2025
insightsoftware Shifts to Four Business Units, Adds to Leadership Team
The company has finalized a strategic realignment into four business units—ERP Reporting and BI, EPM, Controllership, and Data and Analytics—and has added three members to its executive leadership team.
Technology May 15, 2025
Vena’s Agentic AI for FP&A Now Integrates With Microsoft Teams
Vena announced May 15 the general availability of Vena Copilot for Microsoft Teams, designed to bring dedicated financial planning and analysis expertise and insights into businesses’ workflows.
Technology May 15, 2025
Zoho Releases New Payments Solution in the U.S.
Zoho has entered the U.S. payments market by launching Zoho Payments, a unified solution that helps businesses collect payments online using a variety of methods like cards and ACH.
Technology May 14, 2025
OneStream Unveils Four New AI Solutions for Finance Teams
OneStream announced on May 13 the release of four new SensibleAI solutions, which are embedded throughout the enterprise finance management platform across planning and forecasting, close and consolidations, and reporting and analytics processes.
Technology May 14, 2025
Intuit Rolls Out New Features for QuickBooks Online Accountant
Intuit recently implemented its latest round of changes to QuickBooks based on feedback from accountants, primarily focused in the areas of accounts payable and accounts receivable, workflow efficiency, and Intuit Enterprise Suite.
Technology May 14, 2025
Sage Unveils New AI-Driven Tools and Innovations for Sage Intacct
Sage announced a new wave of artificial intelligence-powered automation and industry innovations for Sage Intacct, with updates that improve accuracy, reduce reconciliation effort, and simplify contract, fundraising, and project workflows.
Technology May 14, 2025
Corporate Finance Has an AI Talent and Skills Gap Problem, Study Finds
AI readiness tapers off considerably from college-age finance students to senior finance professionals, exposing a key AI skills gap at a time when AI-driven finance is critical to business growth, according to a new OneStream study.
Accounting May 13, 2025
CBIZ Launches Tariff Solution to Help Businesses Navigate Trade Pressures
The CBIZ Tariff Solution is a cross-functional offering designed to help companies address the rising financial, operational, and compliance challenges driven by new and evolving global trade policies.
Firm Management News
Mergers and Acquisitions May 16, 2025
Mauldin & Jenkins Joins Forces With Bradshaw, Gordon & Clinkscales in South Carolina
The merger, which is effective June 1, aligns with the top 75 firm's mission to offer comprehensive accounting and advisory solutions to clients while expanding its footprint in key markets, Mauldin & Jenkins Managing Partner Hanson Borders said.
Accounting May 16, 2025
Accounting MOVE Project Launches 2025 Survey
This year’s research reflects a pivotal shift in how inclusion is measured—prioritizing workplace belonging and measurable career equity outcomes, regardless of whether firms use the term “DEI.”
Mergers and Acquisitions May 15, 2025
Armanino Snaps Up Cooper Savas in Utah
The private equity-backed top 20 firm has entered the Utah market by acquiring Cooper Savas, a full-service public accounting firm based in Salt Lake City.
Accounting May 14, 2025
It’s Official: CPA Candidates Finally Given Additional Path to Licensure
The AICPA and NASBA have given the green light to expanding the accounting profession's model law, the Uniform Accountancy Act, to include a new optional pathway for CPA candidates to obtain licensure, the two groups said on Wednesday.
Accounting May 14, 2025
Aprio Partner Lexy Kessler Elected AICPA Chair
Over the next year as AICPA chair, Kessler said she will concentrate on shaping the future of the accounting profession and working closely with AICPA members to align the collective vision, strategy, and direction for success.
Accounting May 14, 2025
7 Surprising Signs You’re Burning Out at Work, According to Experts
Business experts reveal the seven silent signs of job burnout you might already be experiencing—plus what to do about them before it starts impacting your mental health, productivity, and long-term career.
Accounting May 13, 2025
Lead Magnets That Actually Work for Accounting Firms
The success of your marketing often hinges on the strength of your lead magnets. If you want real engagement, you need a lead magnet that solves a specific problem, builds trust, and reflects your firm’s personality.
Accounting May 13, 2025
Accounting Seen as a Gateway for Entrepreneurial Ambitions and Skills, ACCA Survey Finds
More than half of North American accounting and finance professionals have career ambitions to be entrepreneurs, while two-thirds are interested in pursuing a career focused on environmental issues.
Webinars
May 29, 2025
May 29 CPE Webcast: New Software & You: Elevating Your Tech Stack
Join Joe Wroblewski and CPA Practice Advisor as we explore tech stack evaluation, and to make sure you're on the right track to reap the benefits of true cohesion.
June 3, 2025
June 3 CPE Webcast: Scale smarter: Automate sales tax to grow your CAS practice
Whether you're looking to launch a client advisory services (CAS) practice or expand an existing one, sales tax compliance presents a key opportunity for growth — and greater efficiency. Sign up today!
May 19, 2025
May 19 CPE Webcast: Emerging Technology for an Efficient Audit
Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?
March 19, 2025
LeaseCrunch to Host Webinar on Financial Due Diligence in M&A
The webcast will share practical strategies for streamlining financial due diligence workflows, especially through automation.