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.
Financial Reporting June 3, 2025
Checks are Surging Again and Causing Cash Flow Challenges
A 2025 AFP survey found that 91% of U.S. businesses still use checks, up from 75% the year before.
Accounting June 2, 2025
Rillet Raises $25M Series A from Sequoia Capital to Bring AI to Mid-Market Accounting
This round, which comes 10 months after Rillet's last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels.
Small Business June 2, 2025
Xero and Tallyfor Integrate to Streamline Business Tax Preparation
To enable accounting partners to experience these powerful benefits firsthand, Xero is offering 12 months of complimentary access to Tallyfor’s tax workflow tool.
Mergers and Acquisitions June 2, 2025
PKF O’Connor Davies Adds Rainer & Co. in Pennsylvania
The top 30 accounting firm said on June 2 it has acquired Rainer & Co., a regional CPA firm with offices in Newtown Square and West Chester in Pennsylvania.
Marketing June 2, 2025
High-Growth Accounting Firms Spend Twice as Much on Marketing, Study Finds
A recent study from the Association for Accounting Marketing and Hinge Marketing suggests a strong correlation between the level of marketing spend and revenue growth at accounting firms.
Taxes June 2, 2025
Santucci’s Pizza Owner Pleads Guilty to Tax Evasion, Hiding $4.8 Million in Income From IRS
Frank Santucci Sr., owner of Santucci’s Original Square Pizza, agreed to plead to two counts of tax evasion and two counts of filing false tax returns for failing to pay nearly $375,000 in taxes, federal court records show.
Payroll June 2, 2025
Federal Job Applicants Will Be Quizzed on Trump’s Executive Orders
The Trump administration is adding four essay questions to applications for civil service jobs, asking applicants about their favorite executive orders and their commitment to government efficiency.
Advisory June 2, 2025
Arax Investment Partners Acquires Schechter Investment Advisors, Increasing Midwestern Presence
This deal marks the latest expansion of Arax’s platform, which continues to deepen its presence in high growth markets across the United States through strategic partnerships with leading wealth management advisory teams.
Auditing June 2, 2025
Wolters Kluwer Launches TeamMate+ AI Editor
The generative AI writing engine is designed to enable auditors to enhance the quality of audit documentation while ensuring data protection and safeguards.
Firm Management June 2, 2025
New Jersey Society of CPAs Names John M. Szczomak, CPA, as President for 2025-2026
As NJCPA president, Szczomak plans to focus on the CPA pipeline challenges and encouraging more people to enter accounting as well as mentoring the younger generation.
Technology June 2, 2025
Thomson Reuters Launches Agentic AI Platform for Tax and Accounting Pros
Unlike generic AI, Thomson Reuters agents are refined by legal and tax, audit, and accounting experts to reason in alignment with professional standards and best practices
AICPA June 2, 2025
Accounting Enrollment is on the Rise: 12% Increase for Spring Semester
This marked the third consecutive semester of growth in accounting enrollment across undergraduate institutions of all types. It was the second consecutive semester of double-digit percentage increases.