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Latest Articles

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 27, 2026  

Chattanooga Church Pushes Republican Candidates, Possibly Violating Tax Law

July 27, 2026  

Ex-Defense Finance and Accounting Service Worker Found Guilty of Threatening Boss After Firing

July 27, 2026  

54% of Gen X Say Caregiving Fuels Workplace Burnout

July 27, 2026  

Mamdani Sparks Backlash, Debate with Social Media Post Celebrating Luxury 2nd-Home Tax

July 27, 2026  

New Washington ‘Millionaires Tax’ Lawsuit Challenges Ballot Language
PCAOB Doled Out a Record $37.4 Million in Fines in 2024

Auditing January 7, 2025 

PCAOB Doled Out a Record $37.4 Million in Fines in 2024

The blockbuster fine of 2024 was the $25 million penalty the PCAOB gave KPMG in the Netherlands last April for systemic internal exam cheating over a five-year period. It's the largest fine the PCAOB has ever doled out.

Jason Bramwell

Citrin Cooperman’s PE-Backed Ownership Flips From New Mountain Capital to Blackstone in ‘Monumental’ Deal

Firm Management January 7, 2025 

Citrin Cooperman’s PE-Backed Ownership Flips From New Mountain Capital to Blackstone in ‘Monumental’ Deal

The deal marks the first time in the accounting profession that private equity ownership of a CPA firm has transferred, or flipped, from one investment group to another.

Jason Bramwell

SD Mayer Merges in Bogdan & Frasco in California

Mergers and Acquisitions January 7, 2025 

SD Mayer Merges in Bogdan & Frasco in California

The San Francisco-based top 400 accounting firm has combined with Bogdan & Frasco, a boutique accounting firm also based in the "City by the Bay."

Jason Bramwell

Moss Adams Promotes 10 to Partner

Firm Management January 7, 2025 

Moss Adams Promotes 10 to Partner

The top 15 accounting firm announced Jan. 6 the addition of 10 new partners across multiple practices, with solutions related to tax and assurance.

Jason Bramwell

Caseware Acquires SaaS Solutions Provider LeaseJava

Technology January 7, 2025 

Caseware Acquires SaaS Solutions Provider LeaseJava

This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.

Jason Bramwell

Trump Keeps World Guessing Over How He Intends to Impose Tariffs

Taxes January 7, 2025 

Trump Keeps World Guessing Over How He Intends to Impose Tariffs

In the past 24 hours, President-elect Donald Trump has said that Congress will use revenue from tariffs to help pay for extending his 2017 tax cuts in a “powerful” bill that would eliminate taxes on tips.

Here’s What Comes Next for California Fire Victims Who Won Federal Tax Relief

Taxes January 7, 2025 

Here’s What Comes Next for California Fire Victims Who Won Federal Tax Relief

Tens of thousands of Northern California fire victims stand to recover millions of dollars in reimbursements for federal taxes paid on wildfire settlements now that the Federal Disaster Tax Relief Act finally passed Congress last month and was signed by President Joe Biden on Dec. 12.

A Look Into Gen Z’s Unique Money Mindset and Approach to Financial Wellness

Payroll January 7, 2025 

A Look Into Gen Z’s Unique Money Mindset and Approach to Financial Wellness

Here’s a breakdown of how members of Gen Z approach money, what factors influence their approach and what advice others have for those of this generation.

fundraise medical expenses 1  551c01edd86ad

Payroll January 7, 2025 

Medical Debt to Be Removed from Credit Reports

The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.

Progress ShareFile Added to AICPA Member Discount Program, With Benefits for AICPA Members 

Accounting January 7, 2025 

Progress ShareFile Added to AICPA Member Discount Program, With Benefits for AICPA Members 

The ShareFile AI-powered, document-centric collaboration platform enables customers to deliver more efficient and effective client and team collaboration, while simplifying the sharing of documents and prioritizing security. 

Isaac M. O'Bannon

Navigating 2025’s Complex Landscape for Boards and Audit Committees

Accounting January 7, 2025 

Navigating 2025’s Complex Landscape for Boards and Audit Committees

Maintaining the focus on financial reporting and internal control risks remains job number one for audit committees.

Isaac M. O'Bannon

 The Tax Blotter – January 2025

Taxes January 7, 2025 

The Tax Blotter – January 2025

The Tax Blotter is a round-up of recent tax news, briefs, and court rulings.

Ken Berry, JD

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