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.
Small Business February 5, 2025
CFOs Show Signs of Optimism in Latest Grant Thornton Survey
Respondents reported 13-quarter highs in their confidence in meeting growth projections (65%), increased demand (64%), cost control goals (62%) and labor needs (60%).
Taxes February 5, 2025
So, You Received a 1099-K. Now What?
The IRS initially planned to lower the reporting threshold to $600, but implementation has been delayed. For the 2024 tax year, the threshold is $5,000, though reductions are expected in 2025 and 2026.
Accounting February 5, 2025
The Institute of Internal Auditors Releases the Cybersecurity Topical Requirement
The Cybersecurity Topical Requirement provides a baseline approach for internal audit functions when they assess cybersecurity as an audit topic or if cybersecurity is identified as a risk within other audits.
Accounting February 5, 2025
AICPA Ponders Updating Independence Rules After Swell of Private Equity Activity in Accounting
A task force of the AICPA's Professional Ethics Executive Committee is seeking public comments on its preliminary conclusions about revising independence rules related to alternative practice structures, which public accounting firms typically form after receiving private equity backing.
Small Business February 5, 2025
Financial Organizations Optimistic About Growth But Are Stunted By Poor Software Investments
The insights from this survey will help financial organizations avoid the same fate as the alarming 70% of financial organizations that say they regret a recent software purchase in the past 18 months.
Accounting February 5, 2025
Undergraduate Accounting Enrollment Rose 12% in Fall 2024
New data from the National Student Clearinghouse Research Center shows a 12% increase in fall 2024 accounting enrollment compared to fall 2023. The increase amounted to an additional 28,672 students.
Mergers and Acquisitions February 5, 2025
Armanino Adds Tech Consulting Firm Complete Business Solutions
The deal bolsters the top 20 accounting firm's ability to meet growing client demand for advanced ERP tools and AI-driven solutions while expanding its presence in Florida.
Accounting February 5, 2025
FinQuery Sets Up Free CPE Hub for Accountants
The accounting automation solutions provider launched its CPE Hub, a new resource center where accounting and finance professionals can earn CPE credits for free.
Taxes February 4, 2025
Thousands of 1099-G Tax Forms Sent to Incorrect Addresses in Maryland
A printing malfunction caused about 6,000 1099-G forms to end up at the wrong addresses, a notice posted Feb. 4 by the Maryland comptroller’s office warned.
Accounting February 4, 2025
Bipartisan State House Bill Would Create Additional Pathways to CPA Licensure in Illinois
House Bill 2459, introduced on Feb. 3 by state Reps. Natalie Manley (D) and Amy Elik (R), who are both CPAs, would amend the Illinois Public Accounting Act to create two additional pathways to CPA licensure in the state and enhance CPA practice privilege mobility.
Taxes February 4, 2025
IRS Says No Tax Deduction for IVF Expenses of Surrogate
In a new private letter ruling, the IRS said that in vitro fertilization (IVF) expenses for a surrogate on behalf of a married couple are not deductible by the couple as a medical expense under the tax code.
Firm Management February 4, 2025
Professionals on the Move – Feb. 1, 2025
Professionals on the Move is a round-up of recent hiring and promotion announcements from around the profession.