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Latest Articles

Nominations Open for Innovation Awards and 40 Under 40 Awards

Accounting August 4, 2026 

Nominations Open for Innovation Awards and 40 Under 40 Awards

Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.

Isaac M. O'Bannon

Featured Articles

August 14, 2026  

Grassi Adds Hoffman Mulligan in NYC

August 14, 2026  

Florida Property Tax Proposal Lacked Transparency, State’s Attorney General Says

August 14, 2026  

How Much Will Social Security COLA Go Up Next Year? ‘It’s Infuriating’

August 14, 2026  

Here’s Why Single-Family Offices for the Ultrawealthy Don’t Have to Register with the SEC

August 14, 2026  

NYC Can Keep Rolling Out the Pied-à-Terre Tax, at Least for Now, Judge Rules
Drake Software Rolls Out Beta Launch of Drake SmartExtract

Technology July 15, 2026 

Drake Software Rolls Out Beta Launch of Drake SmartExtract

Drake SmartExtract is a new AI-powered document processing solution for Drake Tax Online that automatically extracts and organizes data from common tax documents.

Jason Bramwell

59% of Workers Are in Work Situationships With No Clear Future

Staffing July 15, 2026 

59% of Workers Are in Work Situationships With No Clear Future

A new report show that many employees are choosing job stability over long-term commitment.

Firm360 Introduces AutoPrep

Technology July 15, 2026 

Firm360 Introduces AutoPrep

Practice management platform Firm360 announced Firm360 AutoPrep, a tax prep automation capability powered by Juno.

Jason Bramwell

Canopy Launches Comprehensive Tax Workflow Automation 

Technology July 15, 2026 

Canopy Launches Comprehensive Tax Workflow Automation 

The new suite prioritizes firm control by keeping every AI-generated output fully transparent and editable before it reaches the client.

Here’s How Much Americans Pay in Taxes Over Their Lifetime

Taxes July 15, 2026 

Here’s How Much Americans Pay in Taxes Over Their Lifetime

In fiscal year 2025, the federal government collected $2.66 trillion in individual income taxes. But how much will the average American pay in income and other taxes throughout their lifetime? 

Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services

Risk Management July 15, 2026 

Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services

Fieldguide’s agentic platform will be the technology foundation behind CompliAI, Grant Thornton’s AI controls and risk assessment tool.

Isaac M. O'Bannon

Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare

Taxes July 15, 2026 

Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare

The old adage “the best defense is a good offense” applies equally to football games and IRS tax-exempt audits. 

Adam Young

Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There

Firm Management July 15, 2026 

Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There

Understanding what the client wants is the beginning of advisory. Advisory is quite different from what the client would expect from compliance services.

Randy Johnston

socialsecurity1

Benefits July 15, 2026 

Social Security’s New COLA Prediction is Out and It’s More of the Same for Retirees

Inflation-weary retirees won’t see much relief in the latest projections regarding next year’s Social Security increase.

Social Security Rolls Out 2 Major Changes

Benefits July 15, 2026 

Social Security Rolls Out 2 Major Changes

Two major administrative changes—both aimed at improving customer service and satisfaction—were announced recently by the Social Security Administration.

Ferguson Campaigns Against Initiative to Repeal Washington ‘Millionaires Tax’

Taxes July 15, 2026 

Ferguson Campaigns Against Initiative to Repeal Washington ‘Millionaires Tax’

Gov. Bob Ferguson kicked off a campaign to preserve the state’s new high-earners income tax on Tuesday, arguing an initiative to kill the tax would have disastrous consequences for schools, small businesses and families.

Make the IRS an Offer It Can’t Refuse

Taxes July 15, 2026 

Make the IRS an Offer It Can’t Refuse

The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.

Ken Berry, JD

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