June 16, 2025
Florida CPAs Honor Kristen Brand and Alex Welsh
On Thursday, June 12, during MEGA 2025, the FICPA presented its annual Women to Watch Awards, honoring Experienced Leader Kristen Brand and Emerging Leader Alex Welsh.
Firm Management June 16, 2025
Bennett Thrasher Foundation Announces Investment in NABA Inc.
The contribution represents a shared commitment to expanding NABA Inc.’s proven programs focused on developing a diverse and comprehensive talent pipeline to shape the future of accounting and business.
Accounting Standards June 16, 2025
AICPA Seeks Comment on Proposed Criteria for Stablecoin Controls
The American Institute of CPAs (AICPA) is reinforcing its role as a leading voice in the treatment of digital assets by providing a framework for controls over stablecoins.
Taxes June 16, 2025
States Raise Serious Concerns Over PTET SALT Deduction Elimination, Highlighting Detrimental Impact on State Economies
State CPA societies across the country are expressing their strong opposition to a provision in the One Big Beautiful Bill Act which would eliminate the ability of specified service trades or businesses (SSTBs) to deduct state and local taxes (SALT) at the entity level.
Mergers and Acquisitions June 16, 2025
Doeren Mayhew Acquires Benoit & Associates in Michigan
In a move that adds to Doeren Mayhew's tax practice and expands its presence in West Michigan, the top 60 firm acquired Grand Rapids-based accounting firm Benoit & Associates CPAs, effective June 1.
Technology June 16, 2025
TaxPlanIQ Rolls Out New Tax Planning Features
TaxPlanIQ, a provider of tax planning software for tax and accounting firms, has launched several new features designed to make tax planning more efficient and scalable.
Technology June 16, 2025
Taxfyle Launches AI Tool TXF Intelligence
Taxfyle on Monday introduced TXF Intelligence, a generative artificial intelligence tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S.
Auditing June 13, 2025
PCAOB Docks Heaton & Co. $35K, Partner $25K for Multiple Audit Failures
The Utah-based firm and its founder/partner Kristofer Heaton were fined on June 12 for audit documentation, engagement quality review, and quality control failures involving five audits.
Accounting June 13, 2025
AICPA Submits Recommendations for 2025-2026 Priority Guidance Plan
The recommendations come from the AICPA’s Tax Technical Resource Panels and cover 10 areas, including corporations/shareholders, employee benefits, and exempt organizations.
Payroll June 13, 2025
10 States Where People Have the Highest Incomes
WalletHub set out to find the states where people make the most money by analyzing the average annual income of the top 5% of each state, the average income of the bottom 20%, and the median income for all residents.
Payroll June 13, 2025
Layoff Fears Leave 1 in 3 U.S. Workers Scared to Use PTO
Rising job insecurity is reshaping how Americans are approaching vacations this summer, as 29% of workers say recent layoffs or fear of job loss have made them hesitant to take time off for fun in the sun, according to a new report.
Firm Management June 13, 2025
KPMG Elects Will Williams as Next Americas Region Chair
Williams, vice chair of operations for the U.S. Big Four firm, will take over as chair of KPMG's Americas region on July 1, succeeding Paul Knopp, who has held the position since 2020.
Contributors
Amy Vetter
CPA, CITP, CGMA
Brian Tankersley
CPA, CITP, CGMA
Bryan Cytron
Vice President, Cytron and Company
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
