Firm Management May 6, 2025
PwC RIF’d About 2% of Its U.S. Workforce
Fresh off the launch of its new logo comes a fresh round of layoffs at PwC, as the Big Four accounting firm is letting go of about 1,500 U.S. employees this week.
Mergers and Acquisitions May 6, 2025
Group of Accounting Firms From Around the Country Unite to Form Sorren
The top 50 largest accounting firms in the U.S. have a new contender in the mix. Thirteen accounting firms from across the country have combined under the new brand name Sorren.
Technology May 6, 2025
Trullion Unveils Agentic AI Assistant for Accountants
The accounting automation platform is slated this week to launch Trulli, an AI agent designed to assist accounting professionals with workflow automation, document analysis, and policy interpretation.
IRS May 5, 2025
IRS Has Slashed 11% of Its Workforce as of March, TIGTA Says
A new report from the Treasury Inspector General for Tax Administration provides an update on the IRS’s efforts to reduce its workforce, as well as a snapshot of IRS business units impacted.
Taxes May 5, 2025
Deloitte: Tax Executives Emphasize Transparency, Digitalization Amid Uncertainty
A new Deloitte survey found that transparency and digitalization continue to be key priorities for tax leaders around the world, while sustainability is having a bigger impact on companies in the midst of ongoing regulatory uncertainty.
Mergers and Acquisitions May 5, 2025
Eide Bailly Adds Hamilton Tharp in California
Eide Bailly has acquired Solana Beach, CA-based Hamilton Tharp—the third M&A deal the top 20 accounting firm has made in the past week.
Mergers and Acquisitions May 5, 2025
Sensiba Acquires Australia-Based Cyber Audit Firm AssuranceLab
The top 75 firm has acquired AssuranceLab Pty. Ltd., a cybersecurity audit and risk assurance firm headquartered in Sydney, Australia, with additional offices in Austin, Texas, and Dublin, Ireland.
Technology May 5, 2025
BlackCloak Unveils New Identity Verification Solution
The new feature is aimed at protecting users from all types of impersonation and scam campaigns, including deepfake-powered attacks that target high-profile executives and individuals.
Payroll May 5, 2025
Fewer Employees Plan to Bolt From Their Job in Early 2025, Survey Finds
A new survey from Robert Half has revealed that job satisfaction is on the rise, with only 29% of professionals planning to look for a new job in the first six months of 2025, down from 35% in July 2024.
IRS May 2, 2025
Hundreds of IRS Appeals Workers Have Taken Buyout Offer, Reports Say
Over 300 employees who work in the IRS Independent Office of Appeals have taken the Trump administration's deferred resignation program offer with another 100 requests outstanding, the head of the office said this week.
IRS May 2, 2025
Trump Nominates Donald Korb for Second Go-Around as IRS Chief Counsel
Korb, a partner at law firm Sullivan & Cromwell who served as IRS chief counsel during the George W. Bush administration, would need to be confirmed by the Senate in order to fill the role at the agency.
Mergers and Acquisitions May 2, 2025
Rehmann Joins Forces With Martinet Recchia in Ohio
The Troy, MI-based top 40 accounting firm is combining with Martinet Recchia, a family-owned CPA firm in the Cleveland suburb of Willoughby, OH.
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
