Technology July 23, 2025
Paylocity Expands Platform’s Reach to the Office of the CFO with New Finance Solution
Paylocity for Finance brings finance and human resources teams together through a unified system grounded in the employee record.
Mergers and Acquisitions July 23, 2025
Aprio Acquires Sandler & Co. in Massachusetts
The top 30 accounting firm said it has expanded its Financial Services practice and deepened its presence in the greater Boston area by acquiring boutique CPA firm Sandler & Co., effective July 1.
Firm Management July 23, 2025
Sax Secures Outside Investment From Cobepa
The top 100 accounting firm announced last week that it has received a minority investment from Cobepa, a global private equity firm with offices in Brussels and New York.
IRS July 22, 2025
IRS Workforce Has Shrunk 25% Since Trump Took Office
The IRS workforce has been slashed from approximately 103,000 employees in January when Donald Trump began his second term as president to 77,428 in May, with some of the biggest job cuts among tax examiners and revenue agents, according to a new TIGTA report.
PCAOB July 22, 2025
George Botic Takes Over as Acting Chief of the PCAOB
The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.
Technology July 22, 2025
Canopy Announces Release of New Client Intake Solution
Canopy on July 22 launched Smart Intake, a native solution that automates client intake and tax workflow.
Technology July 22, 2025
Intuit Adds AI Agents, Other Enhancements to Intuit Enterprise Suite
Intuit said July 22 that it has made significant updates to Intuit Enterprise Suite, including the addition of new proactive AI agents, enhanced automation, business intelligence, and financial management capabilities.
Technology July 22, 2025
Sovos Unveils AI-Powered Tax Compliance Intelligence Solution
Sovos on July 22 announced Sovos Intelligence, an AI-powered tax compliance intelligence solution that enables companies to get real-time insights on transactions and tax data.
Accounting July 21, 2025
One-Third of Americans Have No Financial Plan in Case of a Natural Disaster, AICPA Says
The results of a new survey published by the AICPA on July 21 show that many Americans don't think about their finances when it comes to natural disaster preparation.
Taxes July 21, 2025
IRS Extends Filing Deadlines for Taxpayers in 4 New Mexico Counties Following Severe Floods
Individuals and businesses with addresses in Chaves, Lincoln, Otero, and Valencia counties in New Mexico now have until Feb. 2, 2026, to file various federal tax returns and make tax payments.
Technology July 21, 2025
Emburse Brings Travel and Expense Into a Single Workflow in Mobile App
The T&E solutions provider has launched integrated itinerary management in the Emburse Enterprise mobile app, which allows business travelers to manage their trips and submit expenses within a single, intuitive mobile interface.
Accounting July 21, 2025
AICPA Asks Treasury, IRS for Guidance on SECURE 2.0 Roth Catch-Up Contributions
In a letter sent to Treasury and the IRS earlier this month, the AICPA requested additional guidance related to catch-up contributions designated as Roth contributions within Section 603 of the SECURE 2.0 Act of 2022.
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
