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Article

Washington Supreme Court Shuts Down Referendum Attempt Targeting ‘Millionaires Tax’

Taxes May 6, 2026 

Washington Supreme Court Shuts Down Referendum Attempt Targeting ‘Millionaires Tax’

The justices on Monday upheld language in the law shielding it from a referendum effort backed by Let’s Go Washington. The group could still pursue a repeal via initiative.

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Companies Are Increasingly Favoring Temporary Staff Over Permanent Hires

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Trump Signs Executive Order Expanding Retirement Plan Access for Millions of Workers

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How CPAs Can Build a Trusted Brand That Truly Connects
Withum Merges in CTM CPAs & Business Advisors in Illinois

Mergers and Acquisitions May 1, 2025 

Withum Merges in CTM CPAs & Business Advisors in Illinois

The Princeton, NJ-based top 25 firm is bringing aboard CTM, a public accounting, tax, and business consulting firm based in Lincolnshire, IL, effective May 1.

Jason Bramwell

CLA Adds Dembo Jones in Maryland

Mergers and Acquisitions May 1, 2025 

CLA Adds Dembo Jones in Maryland

The move, which expands CLA's presence in the Washington D.C. market, is part of the top 10 accounting firm's plan to grow by $1 billion through acquisitions over the next five years.

Jason Bramwell

FASB Proposes Standard to Improve Debt Exchange Accounting

Accounting Standards May 1, 2025 

FASB Proposes Standard to Improve Debt Exchange Accounting

The Financial Accounting Standards Board issued a proposed ASU on April 30 that would provide accounting guidance for debt exchange transactions involving multiple creditors.

Jason Bramwell

KPMG Launches AI-Powered Tariff Modeler

Financial Reporting May 1, 2025 

KPMG Launches AI-Powered Tariff Modeler

With the KPMG tariff modeler, companies can enhance their preparedness for trade disruption, potentially minimize financial impacts, and maintain strategic focus despite policy uncertainty.

Isaac M. O'Bannon

Dynamis Partners with Payroll Integrations to Expand Network of Payroll Partners for Third-Party Administrators

Benefits May 1, 2025 

Dynamis Partners with Payroll Integrations to Expand Network of Payroll Partners for Third-Party Administrators

The new partnership enables Dynamis to connect with Payroll Integrations’ network of over 200 payroll and benefit providers, expanding TPA’s automated access to payroll data for the plan sponsors they work with.

Research Shows Top Priorities and Challenges Facing Today’s Technology Leaders

Technology May 1, 2025 

Research Shows Top Priorities and Challenges Facing Today’s Technology Leaders

Enterprise systems like ERP play a critical role in digital transformation and IT modernization, fueling demand for talent with specialized expertise and skills.

Isaac M. O'Bannon

Grant Thornton US Adds Three Sister Firms to Multinational Platform

Mergers and Acquisitions May 1, 2025 

Grant Thornton US Adds Three Sister Firms to Multinational Platform

Grant Thornton firms in the United Arab Emirates, Luxembourg, and the Cayman Islands are expected to be merged into a platform the U.S. business created when it acquired Grant Thornton Ireland last year.

Jason Bramwell

U.S. Economy Shrinks for First Time Since 2022 on Imports Surge

Payroll May 1, 2025 

U.S. Economy Shrinks for First Time Since 2022 on Imports Surge

The U.S. economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.

PCAOB Chair ‘Deeply Troubled’ By GOP’s Plans to Shutter U.S. Audit Regulator

PCAOB April 30, 2025 

PCAOB Chair ‘Deeply Troubled’ By GOP’s Plans to Shutter U.S. Audit Regulator

Draft legislation being considered by the House Financial Services Committee proposes to eliminate the Public Company Accounting Oversight Board and fold its responsibilities into the Securities and Exchange Commission.

Jason Bramwell

insightsoftware Launches EZLease Lessor: Reduces Risk, Cost, and Complexity for Lessor Accounting

Financial Reporting April 30, 2025 

insightsoftware Launches EZLease Lessor: Reduces Risk, Cost, and Complexity for Lessor Accounting

EZLease Lessor from insightsoftware enables organizations to streamline operations, enhance financial accuracy, and efficiently manage even the most complex lease portfolios.

Isaac M. O'Bannon

10 Benefits of Cloud Accounting for Tax Professionals

CAS April 30, 2025  Sponsored

10 Benefits of Cloud Accounting for Tax Professionals

Here are the advantages of cloud accounting and how delivering services in the cloud can revolutionize the way a tax professional operates.

Scott Cytron

talent

Firm Management April 30, 2025 

87 Percent of Finance Leaders Report Critical Talent Shortage in Accounting

There’s rising awareness of the issue: 87% of decision makers said there’s a talent shortage, and 20% said it’s getting worse.

Isaac M. O'Bannon

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