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.
Technology June 16, 2025
The Cyber Saga Continues: Protect Your Firm from First-Party and Third-Party Cyber Exposures
Relying on only one type of cyber insurance that may be limited to either first- or third-party coverage may leave businesses exposed to significant financial and legal risks.
Auditing June 13, 2025
PCAOB Docks Heaton & Co. $35K, Partner $25K for Multiple Audit Failures
The Utah-based firm and its founder/partner Kristofer Heaton were fined on June 12 for audit documentation, engagement quality review, and quality control failures involving five audits.
Accounting June 13, 2025
AICPA Submits Recommendations for 2025-2026 Priority Guidance Plan
The recommendations come from the AICPA’s Tax Technical Resource Panels and cover 10 areas, including corporations/shareholders, employee benefits, and exempt organizations.
Payroll June 13, 2025
Layoff Fears Leave 1 in 3 U.S. Workers Scared to Use PTO
Rising job insecurity is reshaping how Americans are approaching vacations this summer, as 29% of workers say recent layoffs or fear of job loss have made them hesitant to take time off for fun in the sun, according to a new report.
Firm Management June 13, 2025
KPMG Elects Will Williams as Next Americas Region Chair
Williams, vice chair of operations for the U.S. Big Four firm, will take over as chair of KPMG's Americas region on July 1, succeeding Paul Knopp, who has held the position since 2020.
Firm Management June 13, 2025
Two More Accounting Firms Join Ascend Platform
San Luis Obispo, CA-based Glenn Burdette and Saltmarsh, Cleaveland & Gund, which has offices in Pensacola and Tampa, FL, were the latest to join Ascend on June 1.
Small Business June 13, 2025
Cost of Trump’s Tariffs Hits Home, as Several Goods and Services Surge to Record Highs
President Donald Trump’s trade war is affecting Americans from buying groceries to paying electric bills, with the cost of bananas, ground beef, and electricity surging to all-time highs.
Taxes June 13, 2025
Ex-Lawyer Michael Avenatti Gets Nearly 8 More Years in Prison in Tax Case
The lawyer who represented adult film star Stormy Daniels in her court battles against President Donald Trump, was resentenced June 12 to 11 years in prison for dodging taxes and stealing millions of dollars from clients.
IRS June 12, 2025
Senate Confirms Billy Long as IRS Commissioner
The former Missouri lawmaker won confirmation on June 12 to be the next commissioner of the IRS, leading an agency that will play a key role in administering new tax breaks if Congress passes the “big, beautiful” reconciliation package.
Taxes June 12, 2025
CBO: Republican Budget Bill Would Take From the Poor, Give to the Rich
The reconciliation bill passed by the House would most benefit high earners and reduce financial resources available to the lowest-income households, the Congressional Budget Office said on June 12.
Accounting June 12, 2025
What to Do When the Future Looks Scary (Again)
Your team, clients and community look to you for guidance. So let’s revisit that advice and update it for the here and now.
Small Business June 12, 2025
Accountants’ Recent Pessimism Driven by Economic and Policy Uncertainty
A new report released on June 11 by Avalara reveals a steep decline in optimism among U.S. accountants who advise small and midsized businesses.