Latest Articles

Firm Management April 21, 2025 

The megamerger between the two top 15 accounting firms, which was announced April 21, would likely put Baker Tilly into the top six firms in the U.S. by revenue. The deal is expected to close in early June.

Jason Bramwell

Taxes April 21, 2025 

After the feds froze more than $2 billion in grants to the Cambridge campus and threatened its tax-exempt status, Harvard University has filed a lawsuit against the Trump administration in Massachusetts federal court.

Payroll April 21, 2025 

Here are seven tips for saving and investing in your 30s and taking advantage of perhaps your highest-earning years to date.

Payroll April 21, 2025 

A study by GoBankingRates found that nationally the average person needed to earn $130,000 to take home $100,000 after factoring in federal and state income taxes.

Payroll April 21, 2025 

The most difficult U.S. housing market in decades continues to encumber prospective homebuyers, who need an annual household income of $116,986 to afford the typical home, according to Bankrate’s new 2025 Housing Affordability Study.

Accounting April 21, 2025 

The study was designed to assist New York State (NYS) government entities in evaluating their position on key issues and addressing various challenges.

Isaac M. O'Bannon

IRS April 19, 2025 

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting chief of the IRS after reports the current leader of the agency, Gary Shapley, had been installed at the urging of Elon Musk without Bessent’s knowledge.

IRS April 18, 2025 

Many IRS employees, who didn't take the first deferred resignation offer earlier this year, jumped at the chance to take the buyout this time around, while others have decided to ride it out, hoping they will be spared from the reduction in force plans at the tax agency.

Jason Bramwell

IRS April 18, 2025 

The IRS is telling some employees who have requested to take the latest deferred resignation offer from the Department of the Treasury that they're ineligible because their positions within the tax agency are "deemed critical."

Jason Bramwell

Accounting April 18, 2025 

Governor Michael Braun (R) signed HEA 1143 into law on April 16, 2025, making Indiana one of the first 10 states to adopt an additional pathway to CPA licensure.

Isaac M. O'Bannon

Taxes April 18, 2025 

Maryland needs more tax revenue. Taxing business services and/or intellectual property and media rights could help the Old Line State fill a looming $3 billion budget gap.

Gail Cole

Taxes April 18, 2025 

The Tax Law Roundup is a collection of recent sales, VAT and other transactional and business operations tax news compiled and shared with us by the transaction and business tax experts at Avalara.