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.
Taxes May 5, 2025
Trump Wants Tax Deduction for Interest on Loans to Buy U.S.-Made Cars. Can it Happen?
The White House hasn’t provided any details of how the tax break would work, but the president touted it during the 2024 campaign and reiterated his support last month.
Taxes May 5, 2025
Trump’s Attack on Harvard’s Tax-Exempt Status Could Be a Problem for the IRS
Experts say the IRS would face an “uphill climb” if it decided to move ahead against Harvard. And that fight could potentially take years.
Payroll May 5, 2025
Fewer Employees Plan to Bolt From Their Job in Early 2025, Survey Finds
A new survey from Robert Half has revealed that job satisfaction is on the rise, with only 29% of professionals planning to look for a new job in the first six months of 2025, down from 35% in July 2024.
Payroll May 5, 2025
Trump Asks Supreme Court for DOGE Access to Social Security Data
The Trump administration is challenging a federal trial judge’s order blocking DOGE from having full access to personally identifiable information in the Social Security Administration database.
CAS May 5, 2025
Adaptive Launches Industry-Specific AI to Help Accounting Firms Scale Construction Services Without Adding Headcount
Adaptive, an automation platform for construction accounting, has launched its next-generation solution designed specifically for accounting firms to grow their construction verticals.
Payroll May 4, 2025
Global Pension Assets Hit Record $58.5 Trillion
Global pensions assets rose by 4.9% year on year in 2024, reaching a record $58.5 trillion, led by growth in the largest defined contribution (DC) markets, according to the latest Global Pension Assets Study from WTW’s Thinking Ahead Institute.
IRS May 2, 2025
Hundreds of IRS Appeals Workers Have Taken Buyout Offer, Reports Say
Over 300 employees who work in the IRS Independent Office of Appeals have taken the Trump administration's deferred resignation program offer with another 100 requests outstanding, the head of the office said this week.
Taxes May 2, 2025
Trump Seeks to Squeeze Drugmakers’ Revenues to Pay for Tax Cuts
President Donald Trump wants the pharmaceutical industry to shoulder part of the cost of his tax cuts, pressing Republicans to force drugmakers to accept lower prices on prescriptions covered by Medicaid.
IRS May 2, 2025
Trump Nominates Donald Korb for Second Go-Around as IRS Chief Counsel
Korb, a partner at law firm Sullivan & Cromwell who served as IRS chief counsel during the George W. Bush administration, would need to be confirmed by the Senate in order to fill the role at the agency.
Payroll May 2, 2025
U.S. Payroll Gain of 177,000 Shows Tariff Uncertainty Yet to Dent Hiring
Nonfarm payrolls increased 177,000 last month after the prior two months’ advances were revised lower, according to Bureau of Labor Statistics data out Friday. The unemployment rate was unchanged at 4.2%.
Firm Management May 2, 2025
Professionals on the Move – May 2025
Professionals on the Move is a round-up of recent announcements regarding hiring, HR and promotions from around the accounting space.
Mergers and Acquisitions May 2, 2025
Rehmann Joins Forces With Martinet Recchia in Ohio
The Troy, MI-based top 40 accounting firm is combining with Martinet Recchia, a family-owned CPA firm in the Cleveland suburb of Willoughby, OH.