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Top News
Taxes June 18, 2026
Court Strikes Down Ballot Initiative to Lower Massachusetts Income Tax
The Massachusetts Supreme Judicial Court stated that a summary of the proposal authored by Attorney General Andrea Campbell and used to collect required signatures was misleading and must be disqualified from appearing on the ballot.
Firm Management June 18, 2026
Will Williams Appointed Global COO of KPMG
KPMG announced several global and regional leadership appointments on June 17, including Will Williams taking over as the Big Four firm's global chief operating officer beginning Oct. 1.
Financial Reporting June 18, 2026
CFOs Increase Technology Investment Despite Record Low Economic Confidence
37% of finance leaders are optimistic about the U.S. economy over the next six months, the lowest level recorded in the survey question’s 20-quarter history.
Firm Management June 18, 2026
Accountaneur Advisory Launches Enterprise Attractiveness Score Tool to Help CPA Firm Owners Read the Private Equity Market Before a Buyer Knocks
Private equity has reshaped the accounting profession more quickly than most expected.
Firm Management June 18, 2026
New Zealand Accounting Firm Joins Abacus Worldwide
The firm joins the association as a part of Abacus One, a membership category for solo practitioners who want to grow exponentially.
Taxes June 18, 2026
Confusing CP53E Notices from IRS Results in AICPA Requesting Adjustments and Offering Recommendations on Their Use
Many taxpayers were confused by the IRS noticed, which some received simply for requesting overpayments be applied to next year's taxes.
Taxes June 18, 2026
Controversial California Billionaire Tax Proposal Declared Eligible for the November Ballot
A proposal to tax California billionaires to fund healthcare has tentatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether the state should squeeze the ultra-rich.
Taxes June 18, 2026
California Legislature Keeps ‘Hand Grenade’ Corporate Tax Proposal Alive for Next Governor
If accepted by Gov. Gavin Newsom, the state Department of Finance will be required to draft plans for lawmakers to tax corporations whose employees depend on Medi-Cal for health insurance coverage.
Tax News
Taxes June 18, 2026
Court Strikes Down Ballot Initiative to Lower Massachusetts Income Tax
The Massachusetts Supreme Judicial Court stated that a summary of the proposal authored by Attorney General Andrea Campbell and used to collect required signatures was misleading and must be disqualified from appearing on the ballot.
Taxes June 18, 2026
Confusing CP53E Notices from IRS Results in AICPA Requesting Adjustments and Offering Recommendations on Their Use
Many taxpayers were confused by the IRS noticed, which some received simply for requesting overpayments be applied to next year's taxes.
Taxes June 18, 2026
Controversial California Billionaire Tax Proposal Declared Eligible for the November Ballot
A proposal to tax California billionaires to fund healthcare has tentatively qualified for the November ballot, setting the stage for a more intense and expensive battle over whether the state should squeeze the ultra-rich.
Taxes June 18, 2026
California Legislature Keeps ‘Hand Grenade’ Corporate Tax Proposal Alive for Next Governor
If accepted by Gov. Gavin Newsom, the state Department of Finance will be required to draft plans for lawmakers to tax corporations whose employees depend on Medi-Cal for health insurance coverage.
Benefits June 18, 2026
A Simple Change Could Reshape Social Security’s Future, O’Malley Says
Former Social Security Commissioner Martin O'Malley says raising the cap on income subject to Social Security payroll taxes could help address the system’s looming financial challenges.
Taxes June 17, 2026
Treasury Department Says Expect Guidance Soon on New Scholarship Tax Credit
The Treasury Department last week previewed guidance expected to be released this fall on the new federal scholarship tax credit enacted as part of the One Big Beautiful Bill Act.
Financial Reporting June 17, 2026
FTC Safeguards Rule and Client Tax Data: What Your Hosting Environment Actually Needs to Comply
The rule defines "financial institution" broadly enough to capture tax preparation firms and financial advisors directly, not just banks and lenders.
Taxes June 17, 2026
Pritzker OKs $56 Billion Illinois Budget with New Taxes on Social Media, Crypto, Digital Ads
Illinois Gov. JB Pritzker on Tuesday gave his approval to a nearly $56 billion spending plan that factored in both a windfall from the state’s gas sales tax and a number of election-year tax breaks.
Accounting News
Firm Management June 18, 2026
Will Williams Appointed Global COO of KPMG
KPMG announced several global and regional leadership appointments on June 17, including Will Williams taking over as the Big Four firm's global chief operating officer beginning Oct. 1.
Financial Reporting June 18, 2026
CFOs Increase Technology Investment Despite Record Low Economic Confidence
37% of finance leaders are optimistic about the U.S. economy over the next six months, the lowest level recorded in the survey question’s 20-quarter history.
Accounting Standards June 17, 2026
FASB Sets Out to Improve Hedge Accounting Guidance
The Financial Accounting Standards Board released a proposed Accounting Standards Update on June 17, the purpose of which is to improve interest rate risk hedging and net investment hedging accounting guidance.
Mergers and Acquisitions June 17, 2026
Centri Ramps Up Growth Strategy By Making Its First Acquisition
Centri Business Consulting has made its very first acquisition, as the top 200 accounting firm completed a deal with Altair Associates, a Minneapolis-based property and casualty insurance and reinsurance underwriting and claim services firm, on June 12.
Technology June 17, 2026
Suralink Brings Agentic Execution to Audit Engagements with Cloud Testing Suite
Suralink has launched Cloud Testing Suite, a new set of agentic AI capabilities that execute document validation and sample testing procedures in real time.
Financial Reporting June 17, 2026
FTC Safeguards Rule and Client Tax Data: What Your Hosting Environment Actually Needs to Comply
The rule defines "financial institution" broadly enough to capture tax preparation firms and financial advisors directly, not just banks and lenders.
Technology June 17, 2026
Melio Unveils Autonomous B2B Payment Network
Melio has launched an agent-powered payment network that enables buyers to pay suppliers directly through their accounts receivable systems, without requiring suppliers to onboard to a new portal or payment network.
Taxes June 16, 2026
AICPA Submits Comments to Treasury, IRS on Accounting Method Change Procedures
The recommendations focus on adopting an “issue under consideration” standard to expand a taxpayer’s ability to correct any erroneous methods of accounting while still under examination.
Payroll News
Benefits June 18, 2026
A Simple Change Could Reshape Social Security’s Future, O’Malley Says
Former Social Security Commissioner Martin O'Malley says raising the cap on income subject to Social Security payroll taxes could help address the system’s looming financial challenges.
Financial Planning June 17, 2026
5 Tips to Build a Healthy Money Mindset and Grow Your Finances
For busy households, consistency matters more than perfection because small wins stack up fast.
Payroll June 17, 2026
Is an Age Bias Pushing Older Americans Out of the Workforce?
Older job seekers are navigating a difficult and emotionally draining employment landscape.
Payroll June 17, 2026
How Parents Can Build a Healthy Money Mindset and Grow Their Finances
Family pressures can drain focus, strain relationships, and lead to avoidant decisions that deepen the anxiety.
Staffing June 16, 2026
Nearly Half of Professionals to Go Job Hunting in Next 6 Months
Gen Z workers (55%), as well as those who work in healthcare (56%) and technology (49%), are the most likely to explore new opportunities.
Payroll June 16, 2026
Column: Working Parents Deserve Time With Their Newborns
Paid parental leave is pro-family, pro-work, pro-life. Policy doesn't get much better.
Benefits June 15, 2026
Social Security Has Slashed 14% of Its Workforce Since Early 2025, Analysis Shows
According to a new analysis, Social Security has cut 8,000 jobs, or 14% of its workforce, since January 2025, and half of the job cuts have been in customer-facing roles.
Payroll June 15, 2026
California Falls Behind Texas in Fortune 500 Ranking
This year, 57 of the top U.S. companies by revenue are headquartered in Texas, including healthcare giant McKesson, compared with California's 56.
Technology News
Firm Management June 18, 2026
Accountaneur Advisory Launches Enterprise Attractiveness Score Tool to Help CPA Firm Owners Read the Private Equity Market Before a Buyer Knocks
Private equity has reshaped the accounting profession more quickly than most expected.
Technology June 17, 2026
Suralink Brings Agentic Execution to Audit Engagements with Cloud Testing Suite
Suralink has launched Cloud Testing Suite, a new set of agentic AI capabilities that execute document validation and sample testing procedures in real time.
Financial Reporting June 17, 2026
FTC Safeguards Rule and Client Tax Data: What Your Hosting Environment Actually Needs to Comply
The rule defines "financial institution" broadly enough to capture tax preparation firms and financial advisors directly, not just banks and lenders.
Technology June 17, 2026
Melio Unveils Autonomous B2B Payment Network
Melio has launched an agent-powered payment network that enables buyers to pay suppliers directly through their accounts receivable systems, without requiring suppliers to onboard to a new portal or payment network.
Firm Management June 17, 2026
MYCPE ONE Launches Cybersecurity Services for Businesses and Enterprises
The service offering brings enterprise-grade cybersecurity support under one managed model.
Firm Management June 16, 2026
Hackers Are Bypassing MFA to Compromise Accounting Firm Microsoft 365 Accounts
It exploits a legitimate feature of Microsoft 365, requires no fake website, and works precisely because it uses Microsoft's own infrastructure.
Technology June 16, 2026
AvidXchange Completes Workday Integration
AvidXchange provides customers with a streamlined integration that connects Workday Financial Management with AvidXchange for Workday.
Technology June 16, 2026
Gusto Rolls Out Suite of AI Agents That Help Accountants Develop and Evolve Their Practice
Gusto has launched six AI agents built for accounting professionals who want to grow their client base, deepen advisory revenue, and scale without adding headcount.
Firm Management News
Firm Management June 18, 2026
Will Williams Appointed Global COO of KPMG
KPMG announced several global and regional leadership appointments on June 17, including Will Williams taking over as the Big Four firm's global chief operating officer beginning Oct. 1.
Financial Reporting June 18, 2026
CFOs Increase Technology Investment Despite Record Low Economic Confidence
37% of finance leaders are optimistic about the U.S. economy over the next six months, the lowest level recorded in the survey question’s 20-quarter history.
Firm Management June 18, 2026
Accountaneur Advisory Launches Enterprise Attractiveness Score Tool to Help CPA Firm Owners Read the Private Equity Market Before a Buyer Knocks
Private equity has reshaped the accounting profession more quickly than most expected.
Firm Management June 18, 2026
New Zealand Accounting Firm Joins Abacus Worldwide
The firm joins the association as a part of Abacus One, a membership category for solo practitioners who want to grow exponentially.
Mergers and Acquisitions June 17, 2026
Centri Ramps Up Growth Strategy By Making Its First Acquisition
Centri Business Consulting has made its very first acquisition, as the top 200 accounting firm completed a deal with Altair Associates, a Minneapolis-based property and casualty insurance and reinsurance underwriting and claim services firm, on June 12.
Firm Management June 17, 2026
Designing Your Ideal Accounting Firm Starts With One Question: What’s Actually Holding You Back?
Here are five steps firm owners can take to start building the accounting firm they actually want to run.
Firm Management June 17, 2026
MYCPE ONE Launches Cybersecurity Services for Businesses and Enterprises
The service offering brings enterprise-grade cybersecurity support under one managed model.
Staffing June 16, 2026
Nearly Half of Professionals to Go Job Hunting in Next 6 Months
Gen Z workers (55%), as well as those who work in healthcare (56%) and technology (49%), are the most likely to explore new opportunities.
Webinars
June 16, 2026
CPE Webinar: 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?