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Accounting

Intuit Connect ON: What You Need to Know About the Latest Platform Innovations

Accounting June 26, 2026 

Intuit Connect ON: What You Need to Know About the Latest Platform Innovations

From Intuit QuickBooks core improvements to a reimagined partner program, the throughline was direct: Accountant feedback drives Intuit’s roadmap.

Scott Cytron

Featured Articles

June 26, 2026  

Tax Court Doesn’t Horse Around in New Hobby Loss Case

June 26, 2026  

PCAOB Unveils Firm Consultation Process to Drive Audit Quality Improvement

June 26, 2026  

Study: Nearly Three-Quarters of Retailers Face Hidden Tax Compliance Costs After Black Friday and Cyber Monday

June 25, 2026  

Report Suggests 40% of Workers Have Used AI to Make Fake Expense Receipts

June 25, 2026  

Lili Introduces MCP Server for Accountants
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Small Business July 30, 2025 

Reciprocal Tariffs Explained: Impact on U.S. Businesses

Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.

Gail Cole

A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion

Small Business July 30, 2025 

A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion

A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.

Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile 

Small Business July 30, 2025 

Lili Unveils BusinessBuild Program to Help Small Businesses Build Their Credit Profile 

Lili announced on July 30 the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account.

Jason Bramwell

Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients

Accounting July 29, 2025 

Connecticut Accountant Gets Three Years in Prison for Stealing Thousands From Clients

A New Milford accountant was sentenced on July 29 to three years in prison for stealing tens of thousands of dollars from clients, resolving three cases against him.

Smart Clerk Releases AI Bookkeeping Tool for SMBs

Technology July 29, 2025 

Smart Clerk Releases AI Bookkeeping Tool for SMBs

AI-enabled software provider Smart Clerk on July 29 launched its AI-powered bookkeeping tool designed to simplify accounting for small and medium-sized businesses.

Jason Bramwell

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Accounting July 29, 2025 

Lack of Trust Stands in the Way of Agentic AI Adoption

Just 13.5% of respondents say their organizations are already using agentic AI — although 33.6% say they are currently building or have future plans to adopt the technology.

Isaac M. O'Bannon

Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement

Accounting July 29, 2025 

Ex-Chicago Construction Company Accountant to Serve 26 Months in Prison for Embezzlement

Richard Mandarino, 46, of Scarborough, Ontario, who pleaded guilty last year to a federal wire fraud charge, was sentenced to two years and two months in federal prison and ordered to pay more than $1.8 million in restitution to his victims.

Jason Bramwell

Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group

Mergers and Acquisitions July 29, 2025 

Doeren Mayhew Merges with Atlanta-Area Firm AGL CPA Group

The private equity-backed top 60 firm has expanded into the Atlanta market by combining with AGL CPA Group, a Duluth, GA-based CPA and advisory firm, effective July 16.

Jason Bramwell

UHY Partners with Secure AIs to Expand Technology Compliance Offerings

Technology July 29, 2025 

UHY Partners with Secure AIs to Expand Technology Compliance Offerings

UHY on Tuesday announced a new partnership with AI governance and security platform Secure AIs, which will enable the top 30 firm to expand its technology compliance offerings for clients.

Jason Bramwell

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Small Business July 29, 2025 

Mastercard Accelerates B2B Payment Automation Globally with Acceptance Innovations

The expanded offerings deliver a fast, innovative B2B payment experience for both buyers and suppliers at an opportune time when embracing the digitization of commercial payments is increasingly moving from optional to essential.

Isaac M. O'Bannon

Navan is Now Part of the American Express Sync Commercial Partner Program

Accounting July 29, 2025 

Navan is Now Part of the American Express Sync Commercial Partner Program

Navan announced a new integration with American Express that enables American Express U.S. Business and Corporate Card members to instantly create unique virtual cards for travel booked on the Navan Travel platform via Navan Connect.

Jason Bramwell

Your Boss Can Fire You For These Off-Duty Social Media Posts, Legal Expert Warns

Payroll July 29, 2025 

Your Boss Can Fire You For These Off-Duty Social Media Posts, Legal Expert Warns

A law firm CEO explains how at-will employment laws allow companies to terminate workers for off-duty social media activity that conflicts with their values.

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