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Article

Nominations Open for Innovation Awards and 40 Under 40 Awards

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.

Isaac M. O'Bannon

Featured Articles

August 14, 2026  

Grassi Adds Hoffman Mulligan in NYC

August 14, 2026  

Florida Property Tax Proposal Lacked Transparency, State’s Attorney General Says

August 14, 2026  

How Much Will Social Security COLA Go Up Next Year? ‘It’s Infuriating’

August 14, 2026  

Here’s Why Single-Family Offices for the Ultrawealthy Don’t Have to Register with the SEC

August 14, 2026  

NYC Can Keep Rolling Out the Pied-à-Terre Tax, at Least for Now, Judge Rules
Former California Tax Preparer Gets 10 Years For Tax Fraud That Targeted 13 States

Taxes March 19, 2024 

Former California Tax Preparer Gets 10 Years For Tax Fraud That Targeted 13 States

Stephen Jake McGonigle, 66, was ordered to pay the $1.2 million in restitution that he took from victims in the scheme.

Field Set For 2024 Accountant Bracket Challenge

Accounting March 19, 2024 

Field Set For 2024 Accountant Bracket Challenge

Voting for the first-round matchups in this year's ABC Tournament from Accounting High is underway and closes March 22.

Jason Bramwell

NFL Doles Out Draft Punishment to 49ers For Payroll Accounting Errors

Payroll March 19, 2024 

NFL Doles Out Draft Punishment to 49ers For Payroll Accounting Errors

Thanks to a payroll accounting mistake at the end of the 2022 season, the team will have to forfeit a 2025 fifth-round draft pick.

Social Security Chief Martin O’Malley Vows to Fix ‘Cruel-Hearted’ Overpayment Clawbacks

Payroll March 19, 2024 

Social Security Chief Martin O’Malley Vows to Fix ‘Cruel-Hearted’ Overpayment Clawbacks

Capping Social Security clawbacks at 10% for some beneficiaries is among the changes that the new SSA commissioner plans to propose.

Deloitte Revamps Structure to Slash Costs in Tough Market

Firm Management March 18, 2024 

Deloitte Revamps Structure to Slash Costs in Tough Market

The move will see the Big Four firm reorganize its main business units down to four arms from five, the Financial Times reported.

JHM Merges in CPA Firm Harting, Bishop & Arrendale

Firm Management March 18, 2024 

JHM Merges in CPA Firm Harting, Bishop & Arrendale

The Chattanooga-based top 500 CPA firm is expanding its presence in eastern Tennessee by combining with HBA.

Jason Bramwell

Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity

Firm Management March 15, 2024 

Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity

The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.

Jason Bramwell

Money Mule Networks Are on IRS Criminal Investigation’s Radar

Taxes March 14, 2024 

Money Mule Networks Are on IRS Criminal Investigation’s Radar

Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud.

Jason Bramwell

Ex-IRS Commissioner Joins Tax Law Firm Chamberlain Hrdlicka

IRS March 14, 2024 

Ex-IRS Commissioner Joins Tax Law Firm Chamberlain Hrdlicka

Charles Rettig, who served as IRS chief from 2018 to 2022, has joined the law firm's tax controversy and litigation practice.

Jason Bramwell

Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes

Taxes March 13, 2024 

Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes

Dan Rotta, who is accused of dodging taxes for decades using accounts at UBS and Credit Suisse, was granted a $15 million bond.

ADM Seeks to Reassure Investors Amid Accounting Probe

Accounting March 13, 2024 

ADM Seeks to Reassure Investors Amid Accounting Probe

During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.

Creating a Transition Strategy for Your Clients

Firm Management March 13, 2024 

Creating a Transition Strategy for Your Clients

Crafting an effective transition strategy isn’t just a procedural necessity but a strategic endeavor that can significantly impact firm growth, client satisfaction and service delivery.

Jon Hubbard

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