Payroll October 30, 2026
5 Key Steps for the 2026 Year-End Payroll Close
The final payroll of 2026 may be weeks away, but many of the mistakes that can complicate year-end have already happened.
Taxes February 3, 2025
Brigham Young University Wins 23rd Annual Deloitte FanTAXtic National Case Study Competition
Students from Brigham Young University won Deloitte’s 2025 FanTAXtic national case study competition. Baruch College and the University of Florida came in 2nd and 3rd.
January 31, 2025
Arax Investment Partners Acquires Cedrus Financial
Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today announced that it has acquired Cedrus Financial (“Cedrus”), an established RIA headquartered in Littleton, Colorado, managing around $1 billion in assets under management. Financial terms of the transaction were not disclosed. The acquisition marks the latest...…
Taxes January 31, 2025
Top 10 States Whose Residents Are Most Eager for Their Tax Refund
A new study from LLC.org has found that tax refund anticipation is particularly pronounced in southern states, many of which have the lowest median household incomes in the U.S.
Firm Management January 31, 2025
Platform Accounting Group Expands in New York City
Holladay, UT-based Platform Accounting Group has added New York City-based AKM Advisors, formerly known as Adelman Katz & Mond, an accounting firm that has been in practice for more than 35 years and offers a wide range of financial services to clients.
Taxes January 31, 2025
AICPA Asks IRS to Lessen Burden on Tax-Exempt Organizations in Foreign Filing Process
In a letter submitted to the IRS on Jan. 27, the AICPA requested that the tax agency and the Treasury Department provide exemptions to, or streamlined reporting for, certain foreign filings required by exempt organizations.
Technology January 31, 2025
Acumatica to Debut AI Studio, Acumatica Labs in 2025
Cloud enterprise resource planning provider Acumatica announced this week several updates and enhancements it will release in 2025 for small and midsized businesses.
Mergers and Acquisitions January 30, 2025
Grassi Merges in Anstiss & Co. in Massachusetts
The New York City-based top 60 firm has expanded its presence in Massachusetts by combining with Anstiss, a CPA firm located in Chelmsford.
IRS January 30, 2025
Taxpayer Advocate, AICPA Back Bipartisan Draft Bill to Improve IRS Administration
A discussion draft, released Thursday by Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR), that proposes several ways to fix IRS procedures and administration has strong support from National Taxpayer Advocate Erin Collins and the AICPA.
Auditing January 30, 2025
PCAOB Posts Staff Video on Audit Firm Risk Assessment Processes Under New QC Standard
The audit firm’s risk assessment process is the basis for a risk-based approach to the design, implementation, and operation of the firm’s quality control system, the PCAOB said.
Firm Management January 30, 2025
Baker Tilly Global Revenue Reaches Record $5.6 Billion in 2024
Baker Tilly International said Jan. 30 that its global network of accounting firms hauled in a record $5.62 billion in revenue for the year ending Dec. 31, 2024, a 9% increase from 2023 or 9.5% at constant exchange rates.
Accounting January 29, 2025
Rightworks to Host RightNOW 2025 Event This May in Nashville
Geared toward accounting firm leaders, firm staff, tax practitioners, and small and midsized business finance professionals, RightNOW 2025 will be held from May 19-21 in Nashville.
Accounting January 29, 2025
FASB Names Four New Not-for-Profit Advisory Committee Members
As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.