CPA Practice

JULY 29, 2025

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.

Technology

CPA Practice

JUNE 26, 2025

OBannon A new study from Thomson Reuters comes with a stark warning to the tax and accounting industry: firms without artificial intelligence strategies could fall irrevocably behind in the next 12 months as competing firms leverage the technology to transform faster, serve better, and hire smarter.​ debt on the economy.

Technology

CPA Practice

JULY 28, 2025

OBannon In the first half of 2025, states made 408 sales tax rate changes and new rates – a 24% increase compared to the first half of 2024 – as many local governments continue to grapple with the state of the economy and generating revenue. These findings are part of the 2025 Mid-Year U.S. a provider of indirect tax solutions.

Sales

CPA Practice

JULY 14, 2025

Mary Girsch-Bock Professionals on the Move is a round-up of recent hiring, promotion and staffing announcements from around the accounting and tax profession. His areas of tax expertise include partnerships, including allocations, tax planning and structuring. He graduated with a B.S.B.A

West Virginia

CPA Practice

JUNE 25, 2025

More details are scheduled to be provided today during the panel discussion, “Bridging Knowledge & Practice: The IMA Management Accounting Competency Framework as a Guide for the Future,” at the IMA 2025 Accounting & Finance Conference in Scottsdale, AZ, which began on June 22 and concludes today. 2 to 6, 2025.

management accounting

CPA Practice

JULY 25, 2025

Mary Girsch-Bock Professionals on the Move is a round-up of recent hiring, promotion and staffing announcements from around the accounting and tax profession. His areas of tax expertise include partnerships, including allocations, tax planning and structuring. He graduated with a B.S.B.A

West Virginia

CPA Practice

JULY 15, 2025

Jason Bramwell Auditing July 15, 2025  Three Accounting Firms Got in Trouble for Breaking PCAOB Rules The three firms censured and fined by the PCAOB on July 11 for violating U.S. © 2025 Firmworks, LLC. auditing rules and standards were Goldman & Co. All rights reserved.

Technology

CPA Practice

JUNE 6, 2025

Kristy Short CAS June 5, 2025  Progress Software Launches New ShareFile Features for Automation and Client Experience With staffing shortages and client expectations on the rise, many accounting firms are struggling to keep pace, especially when administrative burdens reduce time for strategic advisory services. © 2025 Firmworks, LLC.

Technology

CPA Practice

JUNE 12, 2025

Subscribe Tags:  economy , future , inflation Recommended Accounting Articles View All Accounting Articles Small Business June 12, 2025  Accountants’ Recent Pessimism Driven by Economic and Policy Uncertainty A new report released on June 11 by Avalara reveals a steep decline in optimism among U.S. © 2025 Firmworks, LLC.

Technology

CPA Practice

JUNE 30, 2025

Subscribe Tags:  roundtable , Sales Tax , Taxes Recommended CAS Articles View All CAS Articles Financial Reporting June 25, 2025  Emburse and Sage Expand Partnership for Faster Closes and Spend Visibility With the new solution, Emburse Professional and Sage Intacct are seamlessly bridged through bi-directional data synchronization.

bookkeeping

CPA Practice

JULY 7, 2025

Subscribe Tags:  Firm Management , firm staffing , promotions Recommended Firm Management Articles View All Firm Management Articles Mergers and Acquisitions July 7, 2025  LMC Merges with Stephen A. The Key Award is given annually to one partner and one team member who exemplify the firm’s unique culture and values.

North Carolina

Accounting Today

JUNE 20, 2025

3 to file various federal individual and business returns and make tax payments. 3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025. Calendar-year corporation and fiduciary returns and payments normally due on April 15, 2025. All rights reserved.

Mississippi

CPA Practice

JUNE 18, 2025

Subscribe Tags:  Firm Management Recommended Firm Management Articles View All Firm Management Articles Staffing June 18, 2025  Professionals on the Move – June 2025, Part II Professionals on the Move is a round-up of recent promotions and staffing announcements from around the profession. © 2025 Firmworks, LLC.

Technology

CPA Practice

JULY 15, 2025

Firm Management July 15, 2025  Whitepaper: Transform Your Firm’s Tax Workflow: 5+ Proven Strategies to Eliminate Low-Value Tasks Stay informed about current trends in tax and advisory services. © 2025 Firmworks, LLC. What to expect: Click here to access this free whitepaper. All rights reserved.

cpa firm

ThomsonReuters

JUNE 18, 2025

How the SALT cap affects state budgets SALT cap provisions in the One Big Beautiful Bill Act How to stay up-to-date with changing SALT deduction legislation Newsletter Tax and accounting news featuring content from Checkpoint Sign up What is the current SALT cap? The state and local tax deduction has been a long-standing feature of the U.S.

income tax

CPA Practice

JULY 22, 2025

Jason Bramwell Accounting practice management platform Canopy on July 22 launched Smart Intake, a native solution that automates client intake and tax workflow with AI-powered questionnaires, featuring intelligent prefill, document checklists, and real-time customer relationship management data sync.

Technology

Withum

DECEMBER 4, 2024

Any asset with a class life of less than 15-years can still be depreciated using MACRS and take advantage of bonus depreciation (60% in 2024 and 40% in 2025). An exception from the limitation on the business interest deductions is also provided for floor plan financing (i.e., years) to a shorter depreciable tax life (e.g.,

Tax

CPA Practice

JULY 22, 2025

Jason Bramwell Technology July 22, 2025  Sovos Unveils AI-Powered Tax Compliance Intelligence Solution Sovos on July 22 announced Sovos Intelligence, an AI-powered tax compliance intelligence solution that enables companies to get real-time insights on transactions and tax data. © 2025 Firmworks, LLC.

Technology

CPA Practice

JULY 8, 2025

Accounting July 7, 2025  Sage Future 2025 Sets a New Standard for High-Performance Finance Held at the Georgia World Congress Center in Atlanta from June 2–5, the event gathered thousands of attendees eager to explore the future of high-performance finance.

Technology

CPA Practice

JUNE 18, 2025

OBannon The OneSpace platform from Rightworks has been awarded nine badges in G2’s Spring 2025 Reports. According to G2’s Spring 2025 Reports, for the most recent quarter, only 4% of software and services received a Leader badge. “We We are honored to receive nine badges from G2 as we mark our fourth year of consistent recognition.

Technology

CPA Practice

JUNE 19, 2025

Jamie Burgess Named Chair of RSM US LLP Board of Directors RSM US LLP (“RSM”) – the leading provider of assurance, tax and consulting services for the middle market – recently announced that Jamie Burgess will serve as chair of the RSM US LLP Board of Directors effective May 1, 2025, through November 30, 2026.

Real Estate

ThomsonReuters

JULY 23, 2025

As tax and accounting professionals continue to adapt to these developments, understanding the Act’s key provisions and their implications is crucial for effective tax planning and client advisory services. Annual Growth : The cap will rise by 1% annually through 2029.

Tax

Accounting Today

AUGUST 4, 2025

2 to file various federal individual and business returns and make tax payments. The February deadline applies to: Any individual, business or tax-exempt organization that has a valid extension to file their 2024 return due to run out on Oct. Quarterly estimated income tax payments normally due on Sept. 15, 2025, and Jan.

New Mexico

CPA Practice

JULY 1, 2025

billion in April 2025. Subscribe Tags:  audit , ceo Recommended Auditing Articles View All Auditing Articles Accounting June 27, 2025  Nominations Open for 2025 Innovation Awards The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.

Technology

CPA Practice

JULY 1, 2025

audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025. audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025. audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025.

Technology

CPA Practice

JUNE 11, 2025

OBannon Technology June 11, 2025  Sovos and Shopify Team Up to Automate Sales Tax Filing and Remittance for Merchants Sovos Sales and Use Tax Filing solution is integrated with Shopify Tax, offering merchants a more streamlined experience when it comes to managing their sales tax compliance.

accounting firms

CPA Practice

JUNE 17, 2025

OBannon Cherry Bekaert has been included in Hedge Fund Alert’s 2025 list of Top Hedge Fund Auditors. .” To view the 2025 list of Top Auditors of Hedge Funds, visit the Hedge Fund Alert website. Jason Bramwell Auditing June 13, 2025  PCAOB Docks Heaton & Co. Jason Bramwell Auditing June 9, 2025  AuditPro.ai

auditor

CPA Practice

JULY 9, 2025

Subscribe Tags:  BDO USA , ceo , Firm Management , leadership Recommended Firm Management Articles View All Firm Management Articles Payroll July 9, 2025  Career Reinvention is Necessary Due to AI Transformation Automation and AI-driven disruption is making reemployment harder, while many workers underestimate the role of AI in job loss.

Technology

Accounting Today

JUNE 12, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. The tax loss totaled $356,881. © 2025 Arizent.

Tax

CPA Practice

JUNE 26, 2025

OBannon A new survey from Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services , highlights the agility of today’s chief financial officers (CFOs) amid economic turmoil. To see additional findings from Grant Thornton’s Q2 2025 CFO survey, visit: [link].

Finance

CPA Practice

JULY 16, 2025

Jason Bramwell Mergers and Acquisitions July 16, 2025  Welch & Co. Jason Bramwell Mergers and Acquisitions July 16, 2025  Welch & Co. © 2025 Firmworks, LLC. and SingerLewak Combine Known for serving high-net-worth individuals, closely held businesses, and families, Welch & Co. All rights reserved.

Technology

CPA Practice

JULY 24, 2025

Firm Management July 24, 2025  Aprio Makes $300 Million AI Investment, Acquires TimeCredit The acquisition of TimeCredit, an AI assistant built by accountants, complements the five-year, $300 million commitment Aprio is making to build "a scalable, AI-enabled firm that delivers measurable value for clients and team members alike."

Technology

ThomsonReuters

JULY 21, 2025

For tax professionals, this change brings with it both opportunity and complexity, whether it’s deciphering federal changes, navigating a mix of state conformity, or managing client expectations. Let’s take a look at how the OBBBA is reshaping SALT policy and how tax professionals like you can stay one step ahead.

tax preparation

CPA Practice

JULY 17, 2025

Two upcoming courses are currently open for registration: August 19–22, 2025, and September 16–19, 2025. In addition to fulfilling CCMP exam eligibility, the course also offers continuing education credits (PDUs/CDUs) applicable to PMI, SHRM, and other professional designations.

Technology

CPA Practice

JULY 28, 2025

Firm Management July 28, 2025  KPMG Hires Ex-IRS Acting Commissioner Douglas O’Donnell ODonnell, who served two separate stints as acting chief of the IRS before leaving the agency in February, has joined KPMG as a senior managing director within its Washington National Tax practice. The answer is yes.

accounting firms

CPA Practice

AUGUST 1, 2025

Large, established startups are landing outsized deals and more money, while the youngest or less sophisticated companies struggle with fewer investment dollars,” Crunchbase reported in late April, noting that global early-stage investment in the first quarter of 2025 fell to its lowest level in at least five quarters.

Sales

CPA Practice

AUGUST 5, 2025

Jason Bramwell Mergers and Acquisitions August 5, 2025  Calvetti Ferguson Acquires Randy Walker & Co. Jason Bramwell Mergers and Acquisitions August 5, 2025  Calvetti Ferguson Acquires Randy Walker & Co. 1, in a deal involving two of the 100 largest accounting firms by revenue in the U.S.

Virginia