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.
Taxes August 5, 2025
Sen. Josh Hawley Wants $600 Tax Credits for Most Americans But Will Likely Run Into GOP Pushback
The Missouri Republican proposes refundable tax credits of at least $600 per adult and dependent child. The credits would phase out for incomes exceeding $75,000 for singles and $150,000 for joint filers.
Taxes August 5, 2025
Kiddie Tax 101: What Is It, How Does It Work, and Who Has to Pay It?
The kiddie tax was established almost 40 years ago to prevent parents from avoiding taxes by transferring large gifts of investment assets to their children.
Mergers and Acquisitions August 5, 2025
Top 100 Accounting Firms Strike Deal, as Freed Maxick Joins Withum
Buffalo, NY-based Freed Maxick and Princeton, NJ-based Withum have combined, effective Aug. 1, in a deal involving two of the 100 largest accounting firms by revenue in the U.S.
Taxes August 5, 2025
Republicans Betting Trump Tax Law’s Business Provisions Trigger Boon
Three tax provisions intensely sought by business interests carry a heavy share of hopes by Republicans, like Rep. Kevin Hern of Oklahoma, that their "big, beautiful bill" will trigger one big, beautiful boon in the U.S. economy.
Taxes August 5, 2025
AICPA Seeks Guidance on Small Business Taxpayer Domestic Research Costs, Enacted in H.R. 1
The AICPA notes that the issue raised in the letter requires immediate consideration as many eligible taxpayers have not yet filed their income tax returns for the 2024 income tax filing period.
Accounting August 5, 2025
UHY Partnership with Plex by Rockwell Automation Focuses on Manufacturing Clients
"Through this partnership, UHY and Plex by Rockwell Automation will collaborate to build upon UHY’s existing success of delivering unparalleled digital transformation solutions to mid-market and enterprise manufacturers," the top 30 accounting firm said.
Mergers and Acquisitions August 5, 2025
Prosperity Partners Acquires Pipaya in Virginia
Private equity-backed tax and accounting firm Prosperity Partners said Tuesday it has added Vienna, VA-based transaction services firm Pipaya.
Mergers and Acquisitions August 5, 2025
Calvetti Ferguson Acquires Randy Walker & Co. in Texas
Calvetti Ferguson has added San Antonio, TX-based Randy Walker & Co., a move that adds specialized nonprofit audit services and depth to the top 200 accounting firm's existing San Antonio team.
Accounting August 5, 2025
Platform Accounting Uncorks New Opportunities
The Northern California-based accounting firm AWG Wine Advisors, formerly Allen Wine Group, has joined Platform Accounting Group. AWG is based in Santa Rosa and expands Platform’s business accounting services to the wine industry.
Accounting August 5, 2025
FASB Releases 2025 Investor Outreach Report
Staff from the Financial Accounting Standards Board engaged in more than 400 investor interactions over the year that ended June 30, 2025, according to FASB's latest Investor Outreach Report.
Small Business August 5, 2025
Thryv Launches Payroll Solution for SMBs
The small business marketing and sales platform has introduced Thryv Workforce Center, a solution that manages payroll and automated tax calculations for businesses directly within their existing Thryv account.
Technology August 5, 2025
The Modern CCO’s First 90 Days: Priorities, Pressures, and What Comes Next
The role of the Chief Compliance Officer has never been more complex, or more critical. The first 90 days often set the tone for long-term success - or sustained struggle.