Taxes April 7, 2025
IRS Says Average Tax Refund Up Nearly 4% From Last Year
More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filers getting back about 4% more than they did last year.
IRS April 4, 2025
IRS Job Cuts Hit Civil Rights Office
The IRS began implementing a reduction in force Friday that will result in staffing cuts across multiple offices and job categories, with the agency's Office of Civil Rights and Compliance getting the brunt of it.
Mergers and Acquisitions April 4, 2025
Capstone Accounting and Tax Secures Private Equity Investment
Formerly known as Capstone CPAs, Capstone Accounting and Tax said the outside capital will provide the financial and strategic support needed to accelerate its long-term growth, strengthen client service offerings, and expand its market presence through mergers and acquisitions.
Accounting April 4, 2025
CPAClub Opens Club 22 Network to Accounting, Finance Professionals
The accounting solutions provider has launched Club 22, a professional network that brings accounting and finance professionals together through experiential learning and shared growth.
Mergers and Acquisitions April 4, 2025
Gordon Advisors Merges in The Henry Group in Michigan
Troy, MI-based accounting firm Gordon Advisors is combining with fellow Troy-based practice The Henry Group in a move that expands Gordon's capabilities and enhances its depth of expertise.
IRS April 3, 2025
Fired IRS Probationary Employees Set to Return to Work April 14
Those who were casualties of the Trump administration's federal cost-cutting purge in February but later reinstated and put on paid leave last month after two court rulings have been told to come back to their jobs on April 14.
Firm Management April 3, 2025
Frazier & Deeter Gets Capital Infusion From PE Firm General Atlantic
Frazier & Deeter is the latest top 50 accounting firm to receive a bump in capital from a private equity firm, announcing Thursday a strategic growth investment from General Atlantic.
Accounting April 2, 2025
7 Accounting Firms Make Fortune’s 2025 ‘100 Best Companies to Work For’ Ranking
Seven of the 15 largest accounting firms in the U.S. are included in Fortune magazine's ranking for 2025, and one of those seven made Fortune's annual list for the very first time this year.
Mergers and Acquisitions April 2, 2025
Global Tax Management Acquires DuCharme, McMillen & Associates’ State Income Tax Practice
As part of the deal, GTM and DMA have entered into a strategic alliance, and the acquisition complements GTM's existing income tax practice.
Mergers and Acquisitions April 2, 2025
EisnerAmper Merges in Prague & Co. in Massachusetts
The top 20 accounting firm is expanding its presence in the Boston area by combining with full-service CPA firm Prague & Co. in a deal expected to close this spring.
Mergers and Acquisitions April 2, 2025
Ryan Acquires Brayn Consulting in Texas
The Dallas-based tax services firm has expanded its income tax practice after acquiring Brayn Consulting, a Houston-based tax firm that specializes in research and development, cost segregation, and green energy income tax incentives.
Accounting April 1, 2025
FASB Staff Paper Provides Revenue Recognition Insights for Construction Contractors
The Financial Accounting Standards Board released a staff educational paper that answers questions pertaining to applying revenue recognition guidance about presentation and disclosures to construction contracts that contain retainage or retention provisions.
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
