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.
Technology October 7, 2025
Ramp Launches Accounts Payable Agents
Ramp announced Agents for AP, specialized AI agents to automate the most manual and time-consuming parts of accounts payable: invoice coding, invoice approval, and payment processing.
IRS October 6, 2025
Jarod Koopman Named IRS Acting Chief Tax Compliance Officer
In this acting role, Koopman will oversee IRS compliance operations, including the LB&I division, SB/SE division, TE/GE division, IRS-CI unit, Office of Professional Responsibility, Return Preparer Office, and the Whistleblower Office.
Taxes October 6, 2025
TIGTA Launches Interim Website During Government Shutdown
The interim website gives taxpayers access during the government shutdown to the watchdog's latest reports and keeps open ways for people to report fraud, waste, and abuse within IRS programs or by IRS employees.
IRS October 6, 2025
A CEO at the IRS: Treasury Department Names Frank Bisignano to Fill New Role
Bisignano will report directly to Treasury Secretary Scott Bessent, who is also acting chief of the IRS, managing the organization and overseeing all day-to-day operations while also continuing to serve in his role as head of the Social Security Administration.
Technology October 6, 2025
Artie Minson Named CEO of AI Accounting Platform Trullion
Minson, a former executive at Time Warner Cable and WeWork, will succeed Isaac Heller as CEO. Heller will move into the role of Trullion president and remains chair of the company's board of directors.
Technology October 6, 2025
IRIS Launches IFM Core for Mid-Market Accounting Firms
Designed specifically for mid-market CPA firms, IRIS Firm Management Core delivers enterprise-grade practice management capabilities without enterprise complexity—enabling firms to be fully operational in as little as two to three weeks, the company said.
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
