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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
Biden Inks Social Security Bill in Rare Public Signing Ceremony

Payroll January 6, 2025 

Biden Inks Social Security Bill in Rare Public Signing Ceremony

The Social Security Fairness Act will boost Social Security payments to more than 2.5 million retirees—some by as much as $550 a month—by changing the formulas used to reduce benefits for certain beneficiaries.

 Trump’s Major Legislative Agenda Will Pass by May, Speaker Mike Johnson Says

Taxes January 6, 2025 

Trump’s Major Legislative Agenda Will Pass by May, Speaker Mike Johnson Says

Johnson said on Fox News that the massive bill would address issues such as an extension of the 2017 Trump tax cuts, border security, raising or eliminating the federal debt ceiling, reducing federal regulations and “dismantling the deep state.”

Man Who Carried Out Deadly New Orleans Terrorist Attack Worked at Deloitte

Accounting January 3, 2025 

Man Who Carried Out Deadly New Orleans Terrorist Attack Worked at Deloitte

Shamsud-Din Jabbar joined the Big Four firm in 2021, according to a statement from Deloitte, and was working as a senior solution specialist. He also had previously worked at EY after his service in the U.S. Army concluded.

Jason Bramwell

FASB Seeks Input on Future Standard-Setting Agenda Priorities

Accounting Standards January 3, 2025 

FASB Seeks Input on Future Standard-Setting Agenda Priorities

The Financial Accounting Standards Board published an invitation to comment on Jan. 3 that gives stakeholders the opportunity to provide feedback on the board's future standard-setting agenda.

Jason Bramwell

SEC Approves New PCAOB Procedure That Revokes Delinquent Firms’ Registrations

Auditing January 3, 2025 

SEC Approves New PCAOB Procedure That Revokes Delinquent Firms’ Registrations

Under the new rules, the PCAOB can address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered, as demonstrated by its failures to file annual reports via PCAOB Form 2 and pay annual fees for at least two consecutive reporting years.

Jason Bramwell

Xero Partners with Gusto to Offer Integrated Payroll Solution

Payroll January 3, 2025 

Xero Partners with Gusto to Offer Integrated Payroll Solution

Xero’s U.S. small business customers will be able to pay their teams seamlessly within the Xero platform, giving them greater visibility into their finances and operations.

Aprio Acquires Two Chicago-Area Accounting Firms

Mergers and Acquisitions January 3, 2025 

Aprio Acquires Two Chicago-Area Accounting Firms

The top 30 accounting firm has expanded into the Chicago market after acquiring CPA firm KRD Ltd., which has offices in Chicago and Schaumburg, IL, as well as Burkett & Beattie, a CPA firm based in Libertyville, IL.

Jason Bramwell

RSM US Adds 84 New Partners and Principals for 2025

Firm Management January 3, 2025 

RSM US Adds 84 New Partners and Principals for 2025

Jan. 2 was a big day at top five accounting firm RSM US, as its new partner and principal class of 2025 was officially announced.

Jason Bramwell

Moving-Uhaul-IOBannon-20220521_155619

Small Business January 3, 2025 

More Americans Moving Into Southern States, U-Haul Data Shows

The trend of southern states netting larger numbers of one-way U-Haul customers continued during 2024, with South Carolina topping the U-Haul Growth Index for the first time. Texas, North Carolina, Florida and Tennessee round out the five leading growth states.

Isaac M. O'Bannon

Trump Picks Ken Kies for Key Tax Policy Job at Treasury Department

Taxes January 3, 2025 

Trump Picks Ken Kies for Key Tax Policy Job at Treasury Department

Kies, a longtime Republican lobbyist, will be assistant secretary for tax policy, placing him as a point person at Treasury working on tax cuts Trump has touted as a signature policy issue for 2025.

Biden Blocks Nippon Steel’s $14.1 Billion Takeover of U.S. Steel

January 3, 2025 

Biden Blocks Nippon Steel’s $14.1 Billion Takeover of U.S. Steel

Biden announced his formal decision on Friday after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.

Grant Thornton’s U.S. and Ireland Entities to Create Global Platform

Accounting January 3, 2025 

Grant Thornton’s U.S. and Ireland Entities to Create Global Platform

The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices.

Isaac M. O'Bannon

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