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Top News
December 17, 2025
President Trump Announces $1,776 ‘Warrior Dividend’ Bonuses for Active Military and Some Reserves
The "Warrior Dividend" Trump announced is $1,776 and, according to Trump, will be sent to service members before Christmas.
Firm Management December 17, 2025
KPMG Sees Global Revenue Rise to $39.8 Billion in 2025
It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.
Accounting Standards December 17, 2025
FASB OKs Improvements to Accounting Standards Codification
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
GASB Provides New Guidance on Reporting of Subsequent Events
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
Taxes December 17, 2025
Here’s Why Americans Could See a $1,000 Increase in Tax Refunds Next Year
Recent tax legislation imposed by President Donald Trump and enacted by the One Big Beautiful Bill Act is at the heart of the increase, the White House said.
State CPA Societies December 17, 2025
NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey
Sponsored by the NJCPA Emerging Leaders Council, the food drive collected food items at its Roseland office and various member offices and also included a volunteer day at the FoodBank in Hillside.
Payroll December 17, 2025
These Christmas Songs Most Likely to Tank Productivity at Work, Study Finds
TopResume analyzed Spotify’s most popular Christmas songs and ranked them by beats per minute to reveal the tracks most likely to derail office concentration.
Payroll December 17, 2025
Career Trade-Offs Report: How Stagnant Pay, Mounting Debt and Rising Costs Redefined the 2025 Workforce
Homeownership, retirement savings, and family planning have all been delayed or abandoned in 2025, leaving employees feeling stuck and uncertain about the future.
Tax News
Taxes December 17, 2025
Here’s Why Americans Could See a $1,000 Increase in Tax Refunds Next Year
Recent tax legislation imposed by President Donald Trump and enacted by the One Big Beautiful Bill Act is at the heart of the increase, the White House said.
Taxes December 17, 2025
4 House Republicans Defied GOP Leadership to Force Action on ACA Tax Credits
In a major blow to House Speaker Mike Johnson, four Republicans—Reps. Brian Fitzpatrick (Pa.), Mike Lawler (N.Y.), Robert Bresnahan (Pa.) and Ryan Mackenzie (Pa.)—signed Minority Leader Hakeem Jeffries' (D-N.Y.) discharge petition to force a House vote on a bill extending Affordable Care Act subsidies.
Taxes December 17, 2025
Rep. Lawler Calls BS on Speaker Johnson for Blocking Vote to Extend ACA Tax Credits
Speaker Mike Johnson told a closed-doors Republican meeting that he won’t allow a vote on a plan to save the Obamacare subsidies pushed by Rep. Mike Lawler (R-NY) and a handful of endangered moderates from swing districts.
Taxes December 17, 2025
Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms
Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.
Taxes December 17, 2025
New Yorkers Support Boosting Taxes on the Wealthy to Pay for Free Child Care, Poll Shows
An obstacle to New York City Mayor-elect Zohran Mamdani’s plan to expand free child care is its reliance on lawmakers in Albany and tax revenue from wealthy New Yorkers, though a new survey indicated broad support for that approach.
Taxes December 17, 2025
Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax
The Chicago City Council opposes the so-called head tax, which the city's former mayor, Rahm Emanuel, once called a “job killer.”
Taxes December 15, 2025
Trump’s Promised Big Tax Cuts Are Expected to Disappoint the Average Worker
Forecasts of a bump in the average tax refund coming in the new year mask the uneven distribution of new tax breaks in President Donald Trump’s signature legislation, said Adam Michel, director of tax policy studies at the Cato Institute.
Technology December 15, 2025
Yonda Tax Raises $15 Million to Automate Global Tax Compliance
Yonda Tax has grown over 100% YoY, and headcount has more than doubled over the past 12 months as it expands globally, highlighting strong market demand for accurate.
Accounting News
Firm Management December 17, 2025
KPMG Sees Global Revenue Rise to $39.8 Billion in 2025
It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.
Accounting Standards December 17, 2025
FASB OKs Improvements to Accounting Standards Codification
The new standard issued on Dec. 17 focuses on updating the FASB Accounting Standards Codification for a variety of topics, including technical corrections, unintended application of the Codification, clarifications, and other improvements.
Accounting Standards December 17, 2025
GASB Provides New Guidance on Reporting of Subsequent Events
The Governmental Accounting Standards Board issued a new standard on Dec. 17 that is designed to improve the financial reporting requirements for subsequent events.
State CPA Societies December 17, 2025
NJCPA Raises More Than $30,000 for Community FoodBank of New Jersey
Sponsored by the NJCPA Emerging Leaders Council, the food drive collected food items at its Roseland office and various member offices and also included a volunteer day at the FoodBank in Hillside.
Automation December 17, 2025
AvidXchange Launches Accounts Payable as a Service
With AvidXchange’s AP as a Service model, ERP customers can activate payments directly within their platform through digital onboarding, reducing IT effort and going live in days instead of weeks.
Firm Management December 17, 2025
Andersen Raises $176 Million in Late 2025 IPO
Andersen Group Inc., the U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, raised $176 million in an initial public offering priced at the top of the range.
Taxes December 17, 2025
Sen. Ossoff Teams Up with Trump Ally on Small Business Tax Legislation Ahead of Midterms
Sen. Jon Ossoff (D-GA) has teamed up with Republican Sen. Cindy Hyde-Smith of Mississippi on legislation to cut income taxes for qualifying small businesses with up to 15 employees.
Accounting December 17, 2025
Connecticut Accountant Sentenced to 32 Months in Prison for $2.3M PPP Fraud Scheme
Yasir G. Hamed, 60, of Woodbridge, CT, who was convicted of defrauding a COVID-19 pandemic relief program of more than $2.3 million, was sentenced Dec. 15 to two years and eight months in prison.
Payroll News
Payroll December 17, 2025
These Christmas Songs Most Likely to Tank Productivity at Work, Study Finds
TopResume analyzed Spotify’s most popular Christmas songs and ranked them by beats per minute to reveal the tracks most likely to derail office concentration.
Payroll December 17, 2025
Career Trade-Offs Report: How Stagnant Pay, Mounting Debt and Rising Costs Redefined the 2025 Workforce
Homeownership, retirement savings, and family planning have all been delayed or abandoned in 2025, leaving employees feeling stuck and uncertain about the future.
Technology December 17, 2025
11 AI-Powered Finance Apps That Help You Save Money
These tools understand your spending habits, spot money-wasting patterns you’d never catch yourself, and automatically implement savings strategies tailored to how you actually live.
Small Business December 17, 2025
Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers
As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change.
Payroll December 17, 2025
States Sue Over Trump’s $100,000 H-1B Visa Application Fee
A group of 19 states sued the Trump administration to block a $100,000 fee for any new applications for H-1B visas, which allow employers in the U.S. to hire skilled foreign workers.
Payroll December 16, 2025
U.S. Unemployment Claims Jump by Most Since 2020
Applications for U.S. unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
Payroll December 11, 2025
Nearly 4 in 10 Professionals Plan to Look for a New Job in 2026, Robert Half Says
New research from talent solutions and business consulting firm Robert Half shows that some professionals are putting a new job at the top of their wish list for the new year.
General News December 10, 2025
Federal Reserve Cuts Interest Rates
Speaking to reporters after the meeting, Chair Jerome Powell suggested the Fed had now done enough to bolster the threat to employment while leaving rates high enough to continue weighing on price pressures.
Technology News
Automation December 17, 2025
AvidXchange Launches Accounts Payable as a Service
With AvidXchange’s AP as a Service model, ERP customers can activate payments directly within their platform through digital onboarding, reducing IT effort and going live in days instead of weeks.
Technology December 17, 2025
11 AI-Powered Finance Apps That Help You Save Money
These tools understand your spending habits, spot money-wasting patterns you’d never catch yourself, and automatically implement savings strategies tailored to how you actually live.
Technology December 17, 2025
Harness Wants to Know How Tax Professionals Use Technology
The New York City-based tax and financial advisory platform has launched its Tax Advisor Tech Survey, designed to capture a clear, data-driven picture of how today’s tax and accounting firms are leveraging technology and where the biggest gaps, opportunities, and needs still exist.
Artificial Intelligence December 16, 2025
Solver Launches AI-Driven Supply Chain Management Solution to Transform Planning and Analysis
The platform is recognized as a G2.com, Inc. leader in xFP&A, reflecting a commitment to proven outcomes and industry leadership for organizations managing intricate supply chains.
Technology December 15, 2025
Yonda Tax Raises $15 Million to Automate Global Tax Compliance
Yonda Tax has grown over 100% YoY, and headcount has more than doubled over the past 12 months as it expands globally, highlighting strong market demand for accurate.
Technology December 15, 2025
Wolters Kluwer to Launch New CCH Axcess Advisor System
Early access begins this week for an exclusive group of firms through the Early Adopter Program, with full availability planned to follow the 2025 tax season.
Technology December 13, 2025
Value Insights Debuts Solution That Maximizes the Value of Clients’ Non-Cash Charitable Gifts
Value Insights launched a web-based, AI-backed application that identifies, substantiates, valuates, and documents clients' non-cash contributions with a simple click of a camera.
Technology December 13, 2025
Certinia 2026 Winter Release Includes New AI Agents, Dynamic Playbooks, and Faster Quoting
This newest release builds on Certinia’s agentic AI plans, taking aim at the everyday bottlenecks that slow down professional services, customer success, and accounting and finance teams, the Austin, TX-based company said.
Firm Management News
Firm Management December 17, 2025
KPMG Sees Global Revenue Rise to $39.8 Billion in 2025
It was a banner year for those representing the blue and white of KPMG as the Big Four firm reached a record $39.8 billion in revenue for the 2025 fiscal year, up 5.1% in local currency terms and 5.4% in U.S. dollar terms from FY 2024.
Firm Management December 17, 2025
Andersen Raises $176 Million in Late 2025 IPO
Andersen Group Inc., the U.S. arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, raised $176 million in an initial public offering priced at the top of the range.
AICPA December 16, 2025
AICPA Announces 2025 Leadership Academy Graduates
The academy was created to inspire, nurture and empower the next generation of CPA leaders by providing them with advanced leadership training.
Firm Management December 16, 2025
Stay Ahead of These 2026 Trends for Accounting Firms
From adapting to changing technology to rethinking how accounting professionals do their jobs, staying ahead of these trends is essential for firms to remain competitive throughout 2026 and beyond.
AICPA December 15, 2025
Accounting Organizations Unite Against Administration De-Listing Accounting as Professional Degree
The Department of Education’s recent proposed regulation would exclude accounting programs across the country from a professional degree designation for the purposes of graduate student loan eligibility, which will do great harm to the profession.
Mergers and Acquisitions December 15, 2025
BlackLine Acquires WiseLayer to Enhance its AI Capabilities
This acquisition takes BlackLine’s industry-leading automation to the next level, empowering customers to transform their most complex and time-consuming manual accounting work into intelligent, automated workflows.
Mergers and Acquisitions December 15, 2025
Baker Tilly Set to Acquire Top 100 Firm Berkowitz Pollack Brant
The Chicago-based top 10 firm said Dec. 15 it plans to acquire Berkowitz Pollack Brant Advisors + CPAs, an accounting and advisory firm based in Miami, establishing its presence in South Florida.
Mergers and Acquisitions December 15, 2025
Doeren Mayhew Acquires TBK CPA in Houston
The top 50 accounting firm has expanded its presence in Houston after acquiring TBK CPA, effective Nov. 17, adding 35 professionals, with four individuals assuming leadership roles.
Webinars
January 5, 2026
CPE / IRS CE Webinar: Master Filing Amended and Superseded Returns on Form 1040-X
Filing corrected returns can be confusing—but it doesn’t have to be. Join Amanda Watson, EA, for a practical session designed to help you confidently navigate amended and superseded returns.
December 16, 2025
Archived Webcast: The Future-Ready Tax Firm: Automation, AI, and Competitive Advantage
Manual processes slow your firm—and cost time, money, and talent. Firms that embrace automation and modern technology save hours, reduce costs, and build a workplace that attracts the next generation of CPAs.
December 4, 2025
Archived Webcast: The Future of Your Firm: Unlocking Growth Through Integration, Innovation, and Insight
Discover the roadmap to achieving future-ready success for your tax and accounting firm by joining us at our The Future of Your Firm: Unlocking Growth Through Integration, Innovation, and Insight webinar.
December 2, 2025
Archived Webcast: From Overwhelmed to Optimized: The CPA’s 60-Day Blueprint for a Stress-Free Tax Season
Tax season is closing in and for most firms, it’s the same story every year: too much work, not enough time, and cash flow that never seems to catch up. But it doesn’t have to be that way. In this live, CPE-eligible session, IRIS Software and Apxium will share how forward-thinking firms are regaining control…