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Latest Articles

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Accounting April 17, 2026 

Last Chance to Vote in the 2026 Readers’ Choice Awards!

Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Featured Articles

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IRS Introduces Process for Taxpayers to Request More Time Following a Rejected ERC Claim

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Form 990 Revisions Aimed at Cracking Down on Fraud by Tax-Exempt Groups, Treasury and IRS Say

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Right Goals, Wrong Argument? The Real Stakes in the Fight Over a 1% Income Tax Cut in Massachusetts

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Trump’s $10 Billion IRS Suit Hits Snag with Skeptical Judge

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Massachusetts Collects $2.2B From ‘Millionaires Tax’

Taxes August 13, 2024 

Massachusetts Collects $2.2B From ‘Millionaires Tax’

The 4% surtax on incomes over $1 million, also known as the “Fair Share Amendment,” was approved by voters in 2022.

IRS Direct File Tool Now an Option for New Mexico Residents

Taxes August 13, 2024 

IRS Direct File Tool Now an Option for New Mexico Residents

New Mexico became the fourth new state that can use the IRS's new system for filing federal taxes during the 2025 tax season.

Pennsylvania to join IRS Direct File

Taxes August 13, 2024 

Pennsylvania to join IRS Direct File

Gov. Josh Shapiro and his staff worked with the Treasury Department to bring the program to the state for the 2025 tax season.

IRS Processing More Employee Retention Credit Claims—But With Added Scrutiny

Taxes August 12, 2024 

IRS Processing More Employee Retention Credit Claims—But With Added Scrutiny

The IRS is accelerating payments to businesses that had submitted legit claims for the ERC while continuing to weed out incorrect claims.

Jason Bramwell

Survey of Main Street Accountants Signals Turbulence for Small Businesses

Small Business August 12, 2024 

Survey of Main Street Accountants Signals Turbulence for Small Businesses

Main Street accountants are providing cautionary advice to small businesses amidst uncertain or deteriorating business and economic conditions.

Isaac M. O'Bannon

Internal Audit as a Critical Component of ESG Strategy

Auditing August 12, 2024 

Internal Audit as a Critical Component of ESG Strategy

Internal auditors are able to assess processes to ensure that they are efficient and contain appropriate internal controls to mitigate relevant risks while ensuring regulatory compliance.

Isaac M. O'Bannon

Financial Cents Launches $9 per Month Practice Management Option

Advisory August 12, 2024 

Financial Cents Launches $9 per Month Practice Management Option

The plan is designed specifically for solo practitioners who need streamlined, accounting-focused workflow tools without the complexity or cost associated with larger platforms.

Isaac M. O'Bannon

IRS Shares New Draft Version of Crypto Tax Form

Taxes August 12, 2024 

IRS Shares New Draft Version of Crypto Tax Form

The fresh draft version of Form 1099-DA comes on the heels of the final regulations on crypto broker requirements being issued in June.

Jason Bramwell

Honkamp Merges With Brems Group in Iowa

Firm Management August 12, 2024 

Honkamp Merges With Brems Group in Iowa

The top 200 firm said its two new locations in Iowa will increase its ability to provide CPA and business advisory services to more clients.

Jason Bramwell

Yeo & Yeo Merges in Berger, Ghersi & LaDuke

Firm Management August 12, 2024 

Yeo & Yeo Merges in Berger, Ghersi & LaDuke

The combination expands the Saginaw, MI-based top 200 accounting firm's presence in the Southeast Michigan region.

Jason Bramwell

EisnerAmper and Eisner Advisory Group Admit Record Class of New Partners

Firm Management August 12, 2024 

EisnerAmper and Eisner Advisory Group Admit Record Class of New Partners

Nine professionals joined the partnership at EisnerAmper LLP, while 14 made partner at Eisner Advisory Group.

Jason Bramwell

 Vance Floats $5,000 Child Tax Credit

Taxes August 12, 2024 

Vance Floats $5,000 Child Tax Credit

JD Vance didn't offer specifics on who would qualify for the tax credit if expanded from its existing maximum of $2,000 per child.

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