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Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

August 4, 2026  

Form 990: Classifying a School That Hasn’t Opened Yet: Obtaining IRS Approval and What Happens If the IRS Disagrees

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Helping Clients Make Better Cash Flow Decisions

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When You Can’t Take the IRS at Its Word – Tax Court Ruling

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Report Finds Middle-Class Stability Out of Reach in Every Major U.S. Metro

August 4, 2026  

AICPA and CPA.com Open Applications for 2027 Startup Accelerator
AICPA Signals Support for Legislation Allowing Domestic Abuse Survivors to File Taxes as Single

Taxes July 29, 2025 

AICPA Signals Support for Legislation Allowing Domestic Abuse Survivors to File Taxes as Single

The Survivor Assistance for Fear-free and Easy Tax Filing Act of 2025 (SAFE Act) allows survivors of domestic abuse or spousal abandonment to file their taxes as if they were not married.

Isaac M. O'Bannon

IRS Reminds Tax Pros of Requirement for a Written Information Security Plan (WISP)

Taxes July 29, 2025 

IRS Reminds Tax Pros of Requirement for a Written Information Security Plan (WISP)

As part of a special five-part series, the IRS and its Security Summit partners highlight the importance of tax pros creating and maintaining a WISP.

Isaac M. O'Bannon

Karbon, Ignition and SmartVault Partner to Simplify and Streamline Tax Workflows for Intuit ProConnect Firms

Taxes July 29, 2025 

Karbon, Ignition and SmartVault Partner to Simplify and Streamline Tax Workflows for Intuit ProConnect Firms

This partnership brings together the best-in-class Intuit ProConnect integrated apps across practice management, client engagements and payments, and document management.

Isaac M. O'Bannon

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

Grant Thornton to Join Forces with Auxis for Nearshoring Services

Firm Management July 29, 2025 

Grant Thornton to Join Forces with Auxis for Nearshoring Services

The transaction is another important step as Grant Thornton creates the industry’s first full-service advisory offering, amplified by AI and advanced technologies.

Isaac M. O'Bannon

347846 artificial intelligence 1  588fe3e221eea

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

Rush Mastercard 589252ec7028f

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

Craig Underhill to Retire After 30 Years with BDCo; Guy Carl Named New Managing Partner

Firm Management July 29, 2025 

Craig Underhill to Retire After 30 Years with BDCo; Guy Carl Named New Managing Partner

In 2008, CPA Practice Advisor interviewed him for a series on forward-thinking accounting firms. Even back then, Underhill identified the importance of client relationships ...

Isaac M. O'Bannon

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