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.
Payroll July 30, 2025
U.S. Small Business Job Growth Remains Stable in July
Job growth among U.S. small businesses with fewer than 50 employees is holding steady, according to the Paychex Small Business Employment Watch for July.
Accounting July 30, 2025
FASB OKs New Credit Losses Guidance for Accounts Receivable, Contract Assets
The Financial Accounting Standards Board issued new optional guidance on July 30 regarding the measurement of credit losses for accounts receivable and contract assets.
Payroll July 30, 2025
More Americans Are Turning to Digital Vaults to Protect Themselves and Their Legacy
A fast-growing solution is the digital vault: a secure, cloud-based platform for storing and sharing everything from wills and health directives to insurance documents and passwords.
Accounting July 30, 2025
Indiana Accountant Sentenced to Three Years for Illegal Tax Shelter Scheme
Jason Crace, CPA, was sentenced to three years in prison on July 21 for preparing false tax returns for clients who participated in an illegal tax shelter.
Payroll July 30, 2025
Despite Inflation Being Less Impactful, 1 in 3 Back-to-School Shoppers Are Making Changes to Save
Inflation continues to plague back-to-school shoppers, but less so than in years past, according to a new Bankrate survey, perhaps indicating Americans have become more accustomed to paying higher prices.
Firm Management July 30, 2025
The AI Hierarchy: Execs Use AI 4X More Than Frontline Workers
A new report reveals a growing gap in AI adoption between senior leadership and frontline staff: while 72% of C-suite/VP executives use AI daily, only 18% of individual contributors (ICs) do the same.
Taxes July 30, 2025
Florida Woman Sentenced for Conspiring with Family to Hide $90M from the IRS
According to court documents: between 2010 and 2022, Gilda Rosenberg, of Golden Beach, conspired with two family members to conceal from the IRS more than $90 million in assets and income.
Small Business July 30, 2025
Reciprocal Tariffs Explained: Impact on U.S. Businesses
Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.
Small Business July 30, 2025
A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion
A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.
Taxes July 30, 2025
One Big Beautiful Bill Act Changes 1099 Thresholds
The One Big Beautiful Bill Act raises the 1099-MISC and 1099-NEC reporting thresholds to $2,000.
Small Business July 30, 2025
Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile
Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.
Taxes July 29, 2025
Bipartisan Senate Bill Would Expand Tax Credits for Businesses Hiring Student Veterans
The legislation would incentivize businesses to hire student veterans through an expansion of the Work Opportunity Tax Credit.