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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 24, 2026  

Spying Allegations Aside, Head of IRS and SSA Says Your Info is Safe with Him

July 24, 2026  

Illinois’ Digital Asset Tax Creates a New Compliance Regime for 2027

July 24, 2026  

Why Trump’s 50% Hockey Equipment Tariffs Are Unlikely to Hit U.S. Families

July 24, 2026  

Fuel Market Volatility and the Knowledge Gap: A Practical Playbook for Tax Teams

July 24, 2026  

Israeli Researcher Sucked Into SEC Legislative Controversy
Here’s How Much Americans Pay in Taxes Over Their Lifetime

Taxes July 15, 2026 

Here’s How Much Americans Pay in Taxes Over Their Lifetime

In fiscal year 2025, the federal government collected $2.66 trillion in individual income taxes. But how much will the average American pay in income and other taxes throughout their lifetime? 

Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services

Risk Management July 15, 2026 

Grant Thornton Advisors Partners with Fieldguide for Agentic AI for Risk and Control Services

Fieldguide’s agentic platform will be the technology foundation behind CompliAI, Grant Thornton’s AI controls and risk assessment tool.

Isaac M. O'Bannon

Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare

Taxes July 15, 2026 

Tax-Exempt Organizations and the IRS: FY25 Audit and Penalty Increase and How to Prepare

The old adage “the best defense is a good offense” applies equally to football games and IRS tax-exempt audits. 

Adam Young

Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There

Firm Management July 15, 2026 

Real Products in 2026? – AI and Application Progress – What We See, and How You Can Get There

Understanding what the client wants is the beginning of advisory. Advisory is quite different from what the client would expect from compliance services.

Randy Johnston

socialsecurity1

Benefits July 15, 2026 

Social Security’s New COLA Prediction is Out and It’s More of the Same for Retirees

Inflation-weary retirees won’t see much relief in the latest projections regarding next year’s Social Security increase.

Social Security Rolls Out 2 Major Changes

Benefits July 15, 2026 

Social Security Rolls Out 2 Major Changes

Two major administrative changes—both aimed at improving customer service and satisfaction—were announced recently by the Social Security Administration.

Ferguson Campaigns Against Initiative to Repeal Washington ‘Millionaires Tax’

Taxes July 15, 2026 

Ferguson Campaigns Against Initiative to Repeal Washington ‘Millionaires Tax’

Gov. Bob Ferguson kicked off a campaign to preserve the state’s new high-earners income tax on Tuesday, arguing an initiative to kill the tax would have disastrous consequences for schools, small businesses and families.

Make the IRS an Offer It Can’t Refuse

Taxes July 15, 2026 

Make the IRS an Offer It Can’t Refuse

The IRS won’t agree to an offer-in-compromise unless the amount offered is equal to or greater than the reasonable collection potential.

Ken Berry, JD

Economists, Tech Leaders Warn AI Could Bring ‘Large-Scale Job Displacement’ and Other Risks

Artificial Intelligence July 15, 2026 

Economists, Tech Leaders Warn AI Could Bring ‘Large-Scale Job Displacement’ and Other Risks

Many of the smartest people in the world warned governments, companies, and people Monday that they need to be ready for the deep impact that artificial intelligence is going to have on the economy.

Shultz Huber & Associates Expands Its Footprint in Ohio

Mergers and Acquisitions July 15, 2026 

Shultz Huber & Associates Expands Its Footprint in Ohio

Regional accounting firm Shultz Huber & Associates has added Stroh, Johnson & Company, with locations in Wapakoneta, Lima and Minster, OH.

Acumatica Buys Vertrax

Technology July 14, 2026 

Acumatica Buys Vertrax

Cloud ERP company Acumatica has acquired Vertrax, a provider of cloud-native software solutions for the fuel and energy distribution industry and a longtime Acumatica partner.

Jason Bramwell

AICPA Expresses Support for Bill to End Tax Penalties on American Hostages

Taxes July 14, 2026 

AICPA Expresses Support for Bill to End Tax Penalties on American Hostages

The bill would provide tax relief to Americans and their families if they are unlawfully detained or held hostage abroad.

Isaac M. O'Bannon

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