Technology August 6, 2025
OneBill Rolls Out Revenue Recognition and Compliance Solution
The new solution from OneBill, RevRec360, is designed for accounting and finance teams navigating complex revenue models.
Accounting August 6, 2025
Montana Accountant Sentenced to 2 Years in Prison for Defrauding Clients
William Arthur Clawson—who defrauded clients by using their cash payments, which were intended to pay their income taxes, for his own personal expenses—was given a 24-month prison sentence on July 31.
Mergers and Acquisitions August 6, 2025
Earned Acquires Boston-Based CPA Firm Schwartz & Schwartz
The deal is the financial services firm's third acquisition in the past year since receiving a $200 million investment in July 2024 from growth equity firms Summit Partners and Silversmith Capital Partners.
Mergers and Acquisitions August 5, 2025
Top 100 Accounting Firms Strike Deal, as Freed Maxick Joins Withum
Buffalo, NY-based Freed Maxick and Princeton, NJ-based Withum have combined, effective Aug. 1, in a deal involving two of the 100 largest accounting firms by revenue in the U.S.
Accounting August 5, 2025
UHY Partnership with Plex by Rockwell Automation Focuses on Manufacturing Clients
"Through this partnership, UHY and Plex by Rockwell Automation will collaborate to build upon UHY’s existing success of delivering unparalleled digital transformation solutions to mid-market and enterprise manufacturers," the top 30 accounting firm said.
Mergers and Acquisitions August 5, 2025
Prosperity Partners Acquires Pipaya in Virginia
Private equity-backed tax and accounting firm Prosperity Partners said Tuesday it has added Vienna, VA-based transaction services firm Pipaya.
Mergers and Acquisitions August 5, 2025
Calvetti Ferguson Acquires Randy Walker & Co. in Texas
Calvetti Ferguson has added San Antonio, TX-based Randy Walker & Co., a move that adds specialized nonprofit audit services and depth to the top 200 accounting firm's existing San Antonio team.
Accounting August 5, 2025
FASB Releases 2025 Investor Outreach Report
Staff from the Financial Accounting Standards Board engaged in more than 400 investor interactions over the year that ended June 30, 2025, according to FASB's latest Investor Outreach Report.
Small Business August 5, 2025
Thryv Launches Payroll Solution for SMBs
The small business marketing and sales platform has introduced Thryv Workforce Center, a solution that manages payroll and automated tax calculations for businesses directly within their existing Thryv account.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Accounting July 30, 2025
Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme
Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.
Small Business July 30, 2025
Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile
Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.
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
