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.
Artificial Intelligence July 15, 2026
Economists, Tech Leaders Warn AI Could Bring ‘Large-Scale Job Displacement’ and Other Risks
Many of the smartest people in the world warned governments, companies, and people Monday that they need to be ready for the deep impact that artificial intelligence is going to have on the economy.
Mergers and Acquisitions July 15, 2026
Shultz Huber & Associates Expands Its Footprint in Ohio
Regional accounting firm Shultz Huber & Associates has added Stroh, Johnson & Company, with locations in Wapakoneta, Lima and Minster, OH.
Technology July 14, 2026
Acumatica Buys Vertrax
Cloud ERP company Acumatica has acquired Vertrax, a provider of cloud-native software solutions for the fuel and energy distribution industry and a longtime Acumatica partner.
Taxes July 14, 2026
AICPA Expresses Support for Bill to End Tax Penalties on American Hostages
The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.
Firm Management July 14, 2026
Prosperity Partners Flips Investors
Prosperity Partners has completed its first flip, as private equity group Lightyear Capital has made a majority investment in the Chicago-based tax, client accounting, and transaction support services firm, while Unity Partners maintains a minority stake.
Firm Management July 14, 2026
Platform Accounting Group Opens in South Carolina
This marks Platform’s first South Carolina-based location and expands its reach in the Southeastern United States.
Artificial Intelligence July 14, 2026
HBK Monitor360 Smart Monitoring Platform Brings Physics-Informed AI to Critical Assets
A key differentiator for HBK Monitor360 is its physics-informed AI approach, which draws on HBK’s long-standing experience in engineering and sensor technology.
Small Business July 14, 2026
NFIB Jobs Report: Small Business Openings Rebound
The June Jobs Report of the National Federation of Independent Business shows the Small Business Employment Index remained essentially flat, registering 100.2 in June after measuring 100.3 in May.
Small Business July 14, 2026
SMB AI Use Continues to Rise, But They Need Help
AI adoption among U.S. small businesses has risen to 66%, up from 55% a year ago.
Taxes July 14, 2026
California Lawmakers Cry Foul Over New Cap Placed on Film Tax Credits
More than three dozen California legislators are calling for Gov. Gavin Newsom to exempt the state’s film and TV production incentive program from a recently approved cap on corporate tax credits.
Taxes July 14, 2026
Hawaii’s New ‘Millionaire Tax’ Rivals Top Tax Rate Among Other States
Personal income tax rates in Hawaii will become a little more progressive next year in part due to a new top rate for high-income households that puts the isles closer to the state with the highest rate.
Payroll July 14, 2026
Government-Seeded Accounts Could Test Trump’s ‘Communists’ Claim
President Donald Trump’s recent attacks on democratic socialists who have won Democratic Party primaries could clash with his idea of creating investment accounts for American adults.