Mergers and Acquisitions June 3, 2025
Withum Strikes a Deal With PKF Texas
Withum announced on June 2 that Pannell Kerr Forster of Texas, a public accounting, tax, and business advisory firm based in Houston, has joined the top 25 firm.
Small Business June 3, 2025
Avalara Launches APIs for End-to-End 1099 and W-9 Compliance Automation
With Avalara’s new API advances, businesses can automate even more of the end-to-end process to achieve greater time savings and more efficient resource allocation, directly from an ERP, accounting, ecommerce or marketplace platform. Here’s how it works:
Financial Reporting June 3, 2025
Checks are Surging Again and Causing Cash Flow Challenges
A 2025 AFP survey found that 91% of U.S. businesses still use checks, up from 75% the year before.
Small Business June 2, 2025
Xero and Tallyfor Integrate to Streamline Business Tax Preparation
To enable accounting partners to experience these powerful benefits firsthand, Xero is offering 12 months of complimentary access to Tallyfor’s tax workflow tool.
Mergers and Acquisitions June 2, 2025
PKF O’Connor Davies Adds Rainer & Co. in Pennsylvania
The top 30 accounting firm said on June 2 it has acquired Rainer & Co., a regional CPA firm with offices in Newtown Square and West Chester in Pennsylvania.
Marketing June 2, 2025
High-Growth Accounting Firms Spend Twice as Much on Marketing, Study Finds
A recent study from the Association for Accounting Marketing and Hinge Marketing suggests a strong correlation between the level of marketing spend and revenue growth at accounting firms.
Firm Management June 2, 2025
New Jersey Society of CPAs Names John M. Szczomak, CPA, as President for 2025-2026
As NJCPA president, Szczomak plans to focus on the CPA pipeline challenges and encouraging more people to enter accounting as well as mentoring the younger generation.
Technology June 2, 2025
Thomson Reuters Launches Agentic AI Platform for Tax and Accounting Pros
Unlike generic AI, Thomson Reuters agents are refined by legal and tax, audit, and accounting experts to reason in alignment with professional standards and best practices
Financial Reporting June 2, 2025
Sage Acquires Anvyl for Supply Chain Technology Solutions
Anvyl’s end-to-end supply chain software will allow Sage to deliver a cost-effective Supply Chain Execution (SCE) solution that provides SMBs with complete visibility across their entire supply chains
General News June 2, 2025
Bessent Says U.S. Will Never Default on Debt
Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ceiling gets closer.
Firm Management May 29, 2025
BDO USA CEO Wayne Berson to Retire Next Year
Berson, who has served as CEO of Chicago-based top 10 accounting firm BDO USA since 2012, is retiring effective June 30, 2026.
Small Business May 29, 2025
Navigating Tariff Volatility in 2025
In a recent webinar hosted by Bloomberg Tax & Accounting and Bloomberg Law, tax and legal professionals examined the implications of the Trump administration's wave of new tariffs and provided insights for businesses navigating emerging complexities.