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 July 8, 2025
Trump Orders Treasury to Set New Rules to Restrict Wind and Solar Tax Credits
In an executive order signed on July 7, President Donald Trump instructed the Treasury Department to strictly enforce the termination of the clean energy production and investment tax credits in the tax code for wind and solar facilities.
Technology July 8, 2025
New Ignition and Karbon Integration Aimed at Unifying Billing and Workflow Automation
The enhanced integration brings together solutions that help accounting firms streamline how they engage and onboard clients—and get paid.
Mergers and Acquisitions July 8, 2025
CohnReznick Combines with Piascik & Associates in Virginia
Top 20 accounting firm CohnReznick announced Tuesday that it has combined with Richmond, VA-based tax firm Piascik & Associates, effective July 1.
Accounting July 8, 2025
Hiding in Plain Sight: 5 Red Flags for Occupational Fraud
The key lies in empowering accounting professionals with tools that match the sophistication of modern business operations while remaining simple enough for practical implementation.
Accounting July 8, 2025
Massachusetts Accountant Who Stole $1.2M From Her Own Job Sentenced to Prison
Ashley Sumner, 39, of Weymouth, was sentenced to three and a half years in prison for stealing over $1.2 million from the business where she worked as an accountant.
Taxes July 8, 2025
Trump Issues New Tariff Rates with Aug. 1 Deadline
President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea starting next month.
Taxes July 7, 2025
Bill Introduced to Combat ‘Anti-Gambling’ Measure in Trump Tax Bill
A Nevada lawmaker has proposed a bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings, which was altered in the One Big Beautiful Bill Act signed into law last week.
Auditing July 7, 2025
PCAOB Shares Good Practices for Auditors on Engagement Acceptance
This edition of "Audit Focus" highlights key reminders for auditors of small public companies or brokers and dealers on engagement acceptance and why it's a critical part of the audit process.
Accounting July 7, 2025
Sage Future 2025 Sets a New Standard for High-Performance Finance
Held at the Georgia World Congress Center in Atlanta from June 2–5, the event gathered thousands of attendees eager to explore the future of high-performance finance.
Mergers and Acquisitions July 7, 2025
LMC Merges with Stephen A. Kepniss & Associates in New Jersey
The deal enables LMC to expand its service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.
Small Business July 7, 2025
Grant Thornton Digital Transformation Survey Shows Business Tech Investments Rising
With the right systems and data in place, leaders need to connect those technology initiatives directly with business outcomes and customer experience improvements that lead to increased revenue.
Mergers and Acquisitions July 7, 2025
Ascend Adds Accounting Firms in New York, North Carolina
Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.