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.
Accounting August 11, 2025
Kansas Accountant Pleads Guilty After Using Clients’ Money to Build Home
Quintin Flanagin used his position to write checks from the couple he worked for and their Thomas County business, Diamond M Farms, to send money to a business he had made up called Middle Finger Ranch, which was linked to his bank account.
IRS August 8, 2025
IRS Commissioner Billy Long Removed by Trump Two Months After Confirmation
Treasury Secretary Scott Bessent will add acting IRS chief to his duties until Long's replacement is installed.
Mergers and Acquisitions August 8, 2025
Cohen & Co. Adds Gioffre & Co. in New York
This is the third M&A deal Cohen & Co. has made in 2025, following a strategic growth investment the Cleveland-based top 50 firm received from Lovell Minnick Partners late last year.
Technology August 8, 2025
Ledgible and BitGo Partner to Help Crypto Clients Stay Tax Compliant
Through this partnership, BitGo clients gain direct access to Ledgible’s tax information reporting and accounting solutions, built to meet the demands of enterprises, fund managers, and financial institutions.
Payroll August 8, 2025
Paycom Launches New Command-Driven AI Engine
Paycom recently announced the launch of IWant, a command-driven artificial intelligence engine that changes the way all users navigate and access their information within a single database.
Firm Management August 8, 2025
Professionals on the Move – August 2025
Professionals on the Move is a round-up of recent promotions, staffing announcements, and other leadership changes from around the accounting profession.
Advisory August 8, 2025
Emerging Company M&A: Pre-Sale Accounting Best Practices for Buyers and Sellers
Among many necessary tasks, founders looking to sell must ensure their books and records are properly maintained so the financial statements are able to withstand heightened due diligence.
Accounting August 7, 2025
Wolters Kluwer Launches Inaugural CCH William Awards to Honor Excellence in Tax and Accounting
The awards celebrate Wolters Kluwer customers who exemplify innovation, leadership, community impact, and commitment to advancing the profession.
Payroll August 7, 2025
Managing Employee Burnout: A Leadership Imperative for CPA Firms
Burnout has long been a hazard in deadline-driven professions, but for today’s CPA firms, the pressure points have multiplied.
Small Business August 7, 2025
Retail Group Applauds Overturning of Debit Card Swipe Fee
The National Retail Federation praised a federal judge’s ruling overturning the Federal Reserve’s 2011 cap on debit card “swipe” fees in response to a merchant’s lawsuit that said the Fed set the cap too high.
Taxes August 7, 2025
Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid
On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.
OBBBA Tax Act August 7, 2025
IRS Says No Changes Needed for Individual Information Returns or Withholding Tables for 2025
The Internal Revenue Service recently stated that, as part of its phased implementation of the One Big Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.