Taxes December 8, 2025
How Much Should the IRS Know About Your Charitable Giving? It’s More Than You May Realize
Even if you never claim a tax deduction, the federal government may still know which charities you support.
Mergers and Acquisitions November 21, 2025
Sax Adds SCL Consulting in Maryland
The top 100 firm has acquired SCL Consulting, a Columbia, MD-based financial consulting firm that specializes in client accounting services, effective Nov. 14.
Accounting November 21, 2025
Colorado Springs Accountant Gets 30-Month Jail Sentence for $8 Million Tax Fraud
Rodney Ermel, 71, was sentenced in October for tax evasion and conspiracy to defraud the U.S. and ordered to pay $8,087,385 in restitution to the IRS.
Staffing November 21, 2025
The Hidden Risks of AI-Generated Resumes—What CPA Firms Should Know
A poor hiring decision that could potentially expose your CPA firm to financial, reputational and operational risks.
IRS November 20, 2025
AICPA Says IRS Plan to Combine OPR and RPO Would Create Potential Conflicts of Interest, Confuse Taxpayers
A possible merger of the IRS's Office of Professional Responsibility with the Return Preparer Office would bring negative consequences to the nation's tax system, the AICPA wrote in a letter to the agency last week.
Accounting November 20, 2025
FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected
A post-implementation review report on the standard says that while it achieved its overall objective, the initial costs to implement the lessee requirements along with the ongoing costs to apply those requirements "were significantly higher than the FASB expected at issuance."
Auditing November 20, 2025
Audit Partners Show More Optimism About the Economy, CAQ Survey Finds
Audit partners have a better attitude about the economy after reporting concerns last spring, as pessimism fell from 44% to 22% and economic optimism and neutrality both grew by more than 10%, according to the Center for Audit Quality.
Mergers and Acquisitions November 20, 2025
Mauldin & Jenkins to Merge in LaPorte CPAs & Business Advisors in Louisiana
The top 60 accounting firm will soon have an established presence in New Orleans and other cities in Louisiana, as well as in Houston, TX, after announcing a deal to merge with New Orleans-based LaPorte CPAs & Business Advisors, effective Dec. 1.
Mergers and Acquisitions November 20, 2025
Ascend Member Firms TSS and Walter Shuffain Expand with Mergers
Private equity-backed Ascend announced Nov. 20 that two of its platform accounting and advisory firms—TSS Advisors and Walter Shuffain Advisors—have completed merger deals, effective Nov. 1.
Technology November 20, 2025
AI Accounting Platform Numeric Raises $51M Series B
This investment, which brings Numeric's total funding raised to $89 million, will allow the company to expand from close management into a broader compound startup model, delivering a unified data platform for enterprise finance teams.
Technology November 20, 2025
Eton Solutions Expands Wealth Management Suite to Fund Managers Worldwide
Firms can additionally leverage EtonAI to streamline complex workflows, scale output, and enhance decision-making processes.
Accounting November 20, 2025 Sponsored
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Payroll November 20, 2025
Here’s Why the Cost of Airport Food is Sky-High
It’s tempting to sit down at an airport restaurant or bar to have an adult beverage while waiting for your flight, but those drinks will be expensive.