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Article

District Court Refuses to Shake Up SALT Cap

State and Local Taxes June 16, 2026 

District Court Refuses to Shake Up SALT Cap

If your clients reside in a state where they would qualify for such a workaround, act sooner rather than later.

Ken Berry, JD

Featured Articles

June 16, 2026  

Nearly Half of Professionals to Go Job Hunting in Next 6 Months

June 16, 2026  

AICPA Submits Comments to Treasury, IRS on Accounting Method Change Procedures

June 16, 2026  

5 Accounting Firm Marketing Tactics That No Longer Work

June 16, 2026  

Hackers Are Bypassing MFA to Compromise Accounting Firm Microsoft 365 Accounts

June 16, 2026  

AvidXchange Completes Workday Integration
Tax Carveout for Hillsdale College Ruled Out of Trump’s Bill

Taxes June 27, 2025 

Tax Carveout for Hillsdale College Ruled Out of Trump’s Bill

The Senate parliamentarian concluded that a section of the tax bill exempting a small number of religious schools, including the Christian liberal arts college in Hillsdale, MI, violated the chamber's procedural rules for the budget reconciliation process.

Job Insecurity is Causing Significant Stress for More Than Half of Employees in the U.S.

Payroll June 27, 2025 

Job Insecurity is Causing Significant Stress for More Than Half of Employees in the U.S.

A whopping 54% of workers said job insecurity has had a "significant impact" on their stress levels at work, and 39% said they're worried they may be unemployed in the next 12 months, according to a new American Psychological Association survey.

Jason Bramwell

Recurring Jobless Claims Jump to Highest Level Since November 2021

Payroll June 27, 2025 

Recurring Jobless Claims Jump to Highest Level Since November 2021

Recurring applications for U.S. unemployment benefits rose to the highest since November 2021, extending a sharp increase over the past 1 1/2 months and signaling more people are staying out of work for longer.

U.S. Economy Shrinks as Americans Spend Less

Small Business June 27, 2025 

U.S. Economy Shrinks as Americans Spend Less

According to federal data released Friday morning, consumers spent nearly $30 billion less in May than in April, shrinking the economy and putting economists on high alert.

Intuit Rolls Out AI Agents for QuickBooks

Technology June 27, 2025 

Intuit Rolls Out AI Agents for QuickBooks

Intuit said the new AI agents will automate workflows and, when combined with human experts, deliver real-time insights and improve cash flow for businesses.

Jason Bramwell

Ledgre Launches AI Tax Assistant for Rental Property Owners

Technology June 27, 2025 

Ledgre Launches AI Tax Assistant for Rental Property Owners

The accounting platform built for landlords and real estate investors has launched Ledgy, an AI tax assistant designed to simplify and support the bookkeeping and tax experience for rental property owners.

Jason Bramwell

Wiss and Rillet Partner on Co-Sourced Accounting Model for Businesses

Accounting June 27, 2025 

Wiss and Rillet Partner on Co-Sourced Accounting Model for Businesses

The top 100 accounting firm and the ERP platform announced a strategic partnership that will allow businesses to gain access to a co-sourced accounting model that blends technology and expert advisory services.

Jason Bramwell

The Secrets of Visionary Leaders: Create Change Before It’s Urgent

Firm Management June 26, 2025 

The Secrets of Visionary Leaders: Create Change Before It’s Urgent

If your team is only innovating when a fire breaks out, you’re not leading—you're firefighting. Visionary leaders don’t wait for permission.

Therabody Eases Pain of Complex Global Tax Compliance with Avalara

Technology June 26, 2025 

Therabody Eases Pain of Complex Global Tax Compliance with Avalara

Therabody develops wellness technologies intended to reduce muscle tension, accelerate recovery, and improve performance.

Isaac M. O'Bannon

Baker Tilly to Acquire KraftCPAs in Tennessee

Mergers and Acquisitions June 26, 2025 

Baker Tilly to Acquire KraftCPAs in Tennessee

The Chicago-based top 10 firm is expanding its presence in the Southeast, announcing Thursday its intention to acquire Nashville, TN-based accounting and advisory firm KraftCPAs.

Jason Bramwell

House Freedom Caucus Members Bash Senate Over Clean Energy Credits in Trump’s Tax Bill

Taxes June 26, 2025 

House Freedom Caucus Members Bash Senate Over Clean Energy Credits in Trump’s Tax Bill

In an opinion column for Newsweek, the caucus members argued that the Senate would preserve “too much” of what President Donald Trump previously called a “scam.”

Microsoft and ContractPodAi Announce Strategic Legal AI Partnership

Accounting June 26, 2025 

Microsoft and ContractPodAi Announce Strategic Legal AI Partnership

As part of the agreement, ContractPodAi will be able to scale its offering globally through the Azure Marketplace and unlock opportunities across the Microsoft partner ecosystem.

Isaac M. O'Bannon

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