Accounting June 25, 2026
Report Suggests 40% of Workers Have Used AI to Make Fake Expense Receipts
The report found that employees are using AI tools to commit expense fraud, and they’re using AI tools paid for by their employer to do so.
Mergers and Acquisitions January 26, 2026
AAFCPAs Deepens Forensic Advisory and Tax Solutions with Acquisition of McLaren & Associates CPAs
The move will enable the firm to expand delivery of its forensic accounting, litigation support, business valuation, and tax advisory solutions.
General News January 26, 2026
Massachusetts Accountant Pleads Guilty to Prostitution, Drug Charges, Sentenced to 3 Years in State Prison
John Caruso, 80, of Haverhill, MA, was sentenced Jan. 23 to three years and one day in state prison after pleading guilty to maintaining a house of prostitution and multiple drug-related charges.
Small Business January 25, 2026
Trump Threatens New 100% Tariff on Canada Over China Deal
President Trump threatened Canada with 100% tariffs against exports to the U.S. if it makes a trade deal with China, escalating tensions between the U.S. and its northern neighbor.
Small Business January 25, 2026
Power Outages Affect Homes and Businesses Due to Winter Storm
A massive winter storm reached the U.S. Atlantic Coast on Sunday, bringing heavy snow and ice, straining electric grids and grounding thousands of flights at levels not seen since the pandemic.
Technology January 23, 2026
Gusto Launches Payroll Inside ChatGPT
Gusto announced this week the launch of its app inside the new ChatGPT app directory, bringing AI-powered payroll directly into the everyday workflows of small businesses.
Mergers and Acquisitions January 23, 2026
Sax Buys Owen J. Flanagan & Co. in New York City
The top 75 firm has made its second M&A deal of 2026 acquiring Owen J. Flanagan & Co., an accounting firm based in New York City, effective Jan. 22.
Mergers and Acquisitions January 23, 2026
Brady Martz Adds Banker’s Compliance Consulting in Nebraska
The top 100 accounting firm is expanding its financial institutions services by joining forces with Central City, NE-based Banker’s Compliance Consulting in a deal expected to become official on March 1.
General News January 23, 2026
Ex-Bookkeeper Gets 34 Months for Embezzling $860K From Connecticut Businesses, Feds Say
Maria Higgins, 36, of Manchester, CT, who worked as a bookkeeper at businesses in Glastonbury and Danbury, CT, has been sentenced to prison for embezzling more than $860,000 from them, as well as tax evasion.
Technology January 22, 2026
Ramp Launches Live Budget Tracking Solution
Ramp has introduced Ramp Budgets, a real-time budget tracking solution that uses artificial intelligence to connect a company's financial plan directly to live spend.
Mergers and Acquisitions January 22, 2026
LBMC Acquires Torrillo & Associates
The top 35 firm has expanded into Pennsylvania following the addition of Torrillo & Associates, a CPA firm that specializes in employee benefit plan audits, including 401(k), 403(b), and pension plans, effective Jan. 1.
Accounting January 22, 2026
Forwardly Announces Partner Certification Program
The new program enables accountants, bookkeepers, and financial professionals to become Forwardly Certified Partners by completing a short certification exam or attending a live training session.
Mergers and Acquisitions January 22, 2026
KSM Launches Investment Banking Practice After M&A Deal
The top 50 accounting firm has launched KSM Corporate Finance following the acquisition of Charter Capital Partners, a Grand Rapids, MI-based investment banking firm.