Accounting February 3, 2025
AI & Outsourcing: A Winning Combination for Productivity
Implementing AI along with outsourcing can amplify the productivity benefits and other positives that each strategy offers individually.
CAS February 3, 2025
Know Your Numbers for Success: Critical KPIs to Track When Working with an Outsourced Accounting Team
You should be aware of, and monitor specific Key Performance Indicators (KPIs) to ensure seamless integration and effectiveness of your outsourcing team.
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...…
January 23, 2025
AICPA Comments on Proposed Corporate AMT Regulations
The AICPA’s comments focus on various aspects of the proposed regulations, including general concepts and methods and periods, international tax, passthrough, and mergers and acquisitions issues.
Taxes January 22, 2025
Senators Accuse Treasury Nominee Bessent of Avoiding $900K in Employment Taxes
The Senators also claimed Bessent, "... avoided paying nearly $1 million in Medicare taxes on your hedge fund earnings over the course of three years by reporting on your tax returns that you were a “limited partner” ...
Technology January 22, 2025
CPAClub Launches AI-Powered CPAClub Coach
CPAClub Coach is an AI-powered advisor combined with live CPA expertise. Designed to bridge the talent gap in accounting, CPAClub Coach integrates artificial intelligence with live expert support, offering members personalized coaching and timely, standards-based guidance on both accounting and audit-related questions.
Payroll January 21, 2025
Trump Orders All Federal DEI Staff on Paid Leave
Trump signed executive orders in the first hours of his new term as president to end DEI efforts in the federal government, terminate diversity programs, and remove related offices and positions.
Accounting January 21, 2025
State CPA Society News and Updates – January 2025
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting January 21, 2025
AICPA News – January 2025
AICPA News is a round-up of recent announcements and alerts from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Staffing January 21, 2025
Professionals on the Move – Jan. 2025
Professionals on the Move is a collection of briefs highlighting personnel promotions, advancements, recognitions and new-hires from around the professional accounting space.
Accounting January 20, 2025
CFPB Orders Equifax to Pay $15 Million Fine for Improper Investigations of Credit Errors
The order requires Equifax to comply with federal law, and Equifax must pay a $15 million civil money penalty, which will be deposited into the CFPB’s victims relief fund.