Firm Management August 12, 2026
Koltin Consulting Group Makes 2026 Inc. 5000
Koltin Consulting Group ranked No. 2,117 in the list of the fastest-growing private companies in America, based on revenue growth over the past three years.
Small Business August 12, 2026
FinCEN Permanently Nixes Beneficial Ownership Reporting
"Treasury is eliminating a burdensome reporting requirement for millions of law-abiding business owners without compromising our national security," Treasury Secretary Scott Bessent said.
Taxes August 12, 2026
IRS Releases Guidance on Retirement Plan Rollovers
The Treasury Department and the IRS issued guidance Wednesday that the tax agency says will simplify and standardize the rollover process for both participants and plan sponsors.
Firm Management August 11, 2026
Crowe Closes Private Equity Investment From KKR
Chicago-based Crowe completed the sale of a stake in the firm to KKR on Aug. 7, making it one of the largest accounting firms in the U.S. to receive a private equity infusion.
Mergers and Acquisitions August 11, 2026
UHY Adds Michigan CFO Associates
Top 30 accounting firm UHY is expanding its CAS capabilities by combining with Michigan CFO Associates, a Clinton Township, MI-based provider of fractional CFO, financial leadership, and strategic advisory services to entrepreneur-led businesses.
Taxes August 7, 2026
IRS Updates FAQs on OBBBA Overtime Tax Deduction
The IRS updated frequently asked questions about the new deduction for qualified overtime compensation, one of the many One Big Beautiful Bill Act tax provisions touted by the Trump administration.
Taxes August 6, 2026
IRS Adds New Features to Business Tax Accounts
The new and expanded features provide businesses and organizations more ways to view digital notices, make payments, and access and manage federal tax account information online, the agency said on Aug. 6.
Mergers and Acquisitions August 6, 2026
Sorren Adds Two Nevada-Based Accounting Firms
The top 50 firm has added Persing Professional Group and Carefree Professional Practice Resources, further expanding its presence in Nevada and adding specialized expertise in key growth areas.
Mergers and Acquisitions August 6, 2026
Credit Risk Management Firm Joins The Bonadio Group
Top 50 accounting firm The Bonadio Group has added T. Gschwender & Associates, a Syracuse, NY-based provider of credit risk management services to financial institutions.
Taxes August 5, 2026
Missouri Voters Reject Plan to Phase Out State’s Income Tax
A proposed constitutional amendment to replace Missouri’s individual income tax with expanded sales and use taxes, a top priority of Republican Gov. Mike Kehoe, was soundly defeated by voters on Tuesday.
Firm Management August 5, 2026
Abacus Worldwide Adds Shanghai-Based Accounting Firm
Chinese accounting firm WSP Biz Advisory has joined Abacus Worldwide, an international association of independent accounting, consulting, and legal firms.
Small Business August 5, 2026
Clients Believe AI Will Not and Cannot Replace Their Accountant
The majority of small business owners surveyed by Karbon didn't name a technical skill their accountant has. They didn't name accuracy, tax knowledge, or compliance. They named the relationship itself.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
