Accounting June 25, 2025
IMA Expands Its Management Accounting Competency Framework
The Institute of Management Accountants recently announced that it was expanding its competency framework for accounting and finance professionals.
Technology June 24, 2025
Deloitte Unveils Human Capital AI Solution Suite
The human capital AI solution suite is geared for the human resources function, designed to provide organizations with the data and insights they need to effectively navigate the uncertainty and rapidly moving impacts of AI on the workforce and how work gets done.
Technology June 24, 2025
RSM US Launches New AI-Powered Tax Platform
The top five accounting firm said its new myRSM Tax ecosystem "demonstrates how cutting-edge AI is transforming client service, streamlining operations, and empowering professionals across the firm."
Technology June 24, 2025
ProfitSolv Gets Outside Investment From FTV Capital
ProfitSolv announced on June 24 a significant strategic investment co-led by growth equity firm FTV Capital and Lightyear Capital, an existing investor in the company since it launched in 2020.
PCAOB June 23, 2025
PCAOB Gets New Life—For Now—Thanks to the Senate’s Nonpartisan Referee
Republican lawmakers' plan to fold the PCAOB into the SEC hit a snag last Thursday when it was determined in the Senate that the provision in the GOP tax-and-spending bill violates the "Byrd Rule."
IRS June 23, 2025
Billy Long Sworn in as 51st Commissioner of the IRS
The former Missouri lawmaker, who was sworn in on June 16, said transforming the culture at the tax agency is at the top of his to-do list.
Taxes June 23, 2025
IRS Extends Tax Deadlines in Parts of Texas and Mississippi for Victims of Severe Storms
Victims of severe storms that produced flooding and damaging winds in areas of Texas and Mississippi in mid- to late March have more time to file various federal individual and business tax returns and make tax payments, the IRS said.
Taxes June 23, 2025
IRS Refines Pre-Filing Agreement Tax Certainty Program
Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.
Firm Management June 23, 2025
Grant Thornton US Keeps Growing Multinational Platform
The top 10 firm said last week it's in the process of adding sister firms in Switzerland, Liechtenstein, and the Channel Islands to the multinational platform of firm affiliates the U.S. business created when it acquired Grant Thornton Ireland late last year.
Technology June 23, 2025
Digits Rolls Out AI Agents for Accounting Workflows
Digits Accounting Agents embed AI agents to run entire accounting workflows from start to finish, pausing only when human judgment is necessary or desired, for firms on its Autonomous General Ledger.
Small Business June 23, 2025
Gusto and Elevate Partner to Enhance Consumer Benefits for Small Businesses
Through the partnership with Elevate, Gusto now offers enhanced HSAs, FSAs, and consumer benefits to small businesses—complementing its existing benefits platform that includes health insurance and more.
Mergers and Acquisitions June 18, 2025
Baker Tilly Acquires Sage Intacct Specialist Firm Sockeye
The Chicago-based top 10 firm is set to acquire Anchorage, AK-based Sockeye, a top Sage Intacct partner recognized for its vast construction industry expertise and technology-enabled finance, accounting, and project management solutions.
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
