Technology October 14, 2025
Verito Launches VeritComplete Program for Accounting Firms
The solution bundles dedicated cloud infrastructure, 24/7 security operations center monitoring, and comprehensive IT support for tax and accounting practices.
Firm Management October 13, 2025
DSWD Gets Outside Investment From 119th Street Capital
DSWD, a CPA and advisory firm with offices in Chicago and Frankfort, IL, announced on Oct. 9 that it has received an investment from 119th Street Capital, a Merrillville, IN-based family office that exclusively invests in privately owned financial services firms.
IRS October 13, 2025
IRS Among Federal Agencies Hit with RIFs as Shutdown Continues
Reduction-in-force notices were sent to more than 1,400 Treasury Department employees, many of whom work at the IRS, on Oct. 10 as the Trump administration acted on its threat of ordering mass layoffs at several federal agencies in response to the government shutdown.
Technology October 10, 2025
Business Execs Put Cybersecurity and Risk Management Among Top Three Tech Objectives, Grant Thornton Says
The third and final installment of top 10 firm Grant Thornton's Digital Transformation survey found that embedding cybersecurity, resilience, and real-time compliance into technology strategies can help organizations stay agile and innovate.
Technology October 10, 2025
Crowe Launches New Business Unit—Crowe Studio
Crowe Studio is designed to develop, launch, and scale high-impact solutions within new, global business models, powered by AI capabilities, the top 15 accounting firm said.
Firm Management October 9, 2025
Accounting Firms Are Choosing Transformation Over Tactics, Wolters Kluwer Report Says
In a profession that is rapidly evolving due to AI, cloud integration, and heightened client expectations for deeper insights, firms worldwide are moving beyond tactical responses to embrace strategic transformation.
Taxes October 9, 2025
IRS Adjusts Tax Brackets, Standard Deduction for 2026
The IRS on Oct. 9 published the tax year 2026 inflation adjustments for more than 60 tax provisions, including updated tax brackets and standard deduction.
IRS October 8, 2025
IRS Furloughs Nearly 35,000 Employees, Says Most Operations Closed
In an updated contingency plan on Oct. 8, the Treasury Department indicated that 39,870 IRS workers, or 53.6% of the agency's total employee population of 74,299, are designated "exempt" and are expected to continue working during the shutdown.
Taxes October 8, 2025
IRS Offers Penalty Relief for Cross-Border Remittance Transfer Tax Rules
Notice 2025-55 provides relief in connection with the new 1% excise tax imposed on certain remittance transfers under the One Big Beautiful Bill Act.
Mergers and Acquisitions October 7, 2025
Doeren Mayhew Adds Carson & McKinney CPAs in Tennessee
The Troy, MI-based top 50 accounting firm is making more moves in the Nashville market by acquiring Carson & McKinney CPAs in a deal that was finalized last month.
Technology October 7, 2025
Bloomberg Tax & Accounting Unveils Tax Credits and Incentives Tool
The Bloomberg Tax Credits & Incentives Tool, powered by Incentify, offers practitioners an integrated discovery engine with comprehensive access to federal, state, and zone-specific incentives.
Technology October 7, 2025
Verito Expands Managed IT Services for Accounting Firms
Verito said Oct. 6 that it's now offering its managed IT services to larger, multi-office CPA and tax firms, eliminating downtime, solving cybersecurity challenges, and boosting productivity.
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
