Accounting Today

JUNE 17, 2025

Sovos ( [link] ): The IRS will decommission the Filing Information Returns Electronically system in January 2027; all 2026 returns will need to use the new IRS Information Returns Intake System. The window for preparation is closing fast. By Paige Hagy June 16 Like what you see?

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Accounting Today

JULY 9, 2025

Madison Street Advisors offers tax planning and preparation, focusing on audit mitigation strategies and reduction of audit profiles. It also offers bookkeeping services, audit defense and resolution, and other business services. "We

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CPA Practice

JULY 7, 2025

Jason Bramwell Mergers and Acquisitions July 7, 2025  Ascend Adds Accounting Firms in New York, North Carolina Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.

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CPA Practice

JULY 14, 2025

The firm also announces the addition of one new partner to its affiliate, Schneider Downs Wealth Management Advisors, LP. The new promotions reach across several areas of the firm’s service offerings, including the firm’s tax, audit and consulting practices, as well as the growing wealth management practice.

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Accounting Today

JULY 17, 2025

The firm dates back to 1956. Were on the cusp of 70 years old next year in 2026, and I think this is probably the most exciting day of Sax history as we start this journey," Damiano said. "I I was elevated to managing partner in 2015 when the firm was about $25 million in revenue. Its an exciting part of our history at Sax."

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Accounting Today

JULY 25, 2025

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.

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CPA Practice

JULY 25, 2025

The firm also announces the addition of one new partner to its affiliate, Schneider Downs Wealth Management Advisors, LP. The new promotions reach across several areas of the firm’s service offerings, including the firm’s tax, audit and consulting practices, as well as the growing wealth management practice.

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ThomsonReuters

JULY 10, 2025

Resources for SQMS preparation What can my firm do now to prepare? Use the new quality management standards as an opportunity The world of professional accounting and auditing continues to evolve as the profession seeks greater transparency, accountability, and quality. What are the key changes to the standards?

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Accounting Today

JUNE 27, 2025

MASSACHUSETTS CRR, Wakefield, partnered with Liberty Partners to launch a new platform, Bridgepoint Alliance, to help lower-to-middle-market accounting firms reduce the complexities and administrative burdens. He became instrumental in the field of taxation, with a specific focus on state and local taxes. Pittsburgh.

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Going Concern

NOVEMBER 15, 2024

The firm, MeritServus, was on the verge of being sanctioned by British authorities for helping hide assets tied to a key billionaire close to Russian President Vladimir Putin. Since 2005, MeritServus has not been part of, or affiliated with, Deloitte Cyprus or any other Deloitte firm,” the accounting firm told The Guardian.

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Accounting Insight

MAY 1, 2025

Originally, MTD was planned to launch in April 2018 this was then pushed back several times, and is now set to be mandated in 2026 or 2027 depending on the taxpayer’s threshold. The change will affect those with over 50,000 in income per year in 2026, moving to 30,000 in 2027. What are the requirements for MTD?

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Menzies

JANUARY 23, 2025

Menzies LLP - A leading chartered accountancy firm. Overview Companies House has released the intended timetable for reforms under the Economic Crime and Corporate Transparency Act (2023). These timelines depend on Parliamentary progress and may be subject to change.

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CPA Practice

NOVEMBER 25, 2024

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021.

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Accounting Today

JULY 15, 2025

The bill said that you had to have the asset placed in service by 2027 but also you had to start construction on that facility within one year of the enactment date," said Ian Boccaccio, principal and income tax practice leader at tax firm Ryan. "If Solar, wind, EVs, EV charging, they got whacked. They took it on the chin.

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CPA Practice

JULY 18, 2025

Momentum in a Shifting Economy Though 52% of respondents expect volatility to continue into 2026, the overall tone is one of momentum. With better tools and a broader mandate, finance leaders are stepping into roles that directly shape business direction, resilience, and growth. Watch the video, listen to the audio, or read the transcript.

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Going Concern

APRIL 7, 2025

An AlixPartners report found the state auditor, treasurer, comptroller general and outside auditing firm CliftonLaresenAllen [sic] all were aware of a $1.8 billion accounting issue on the states books for years, but no one tried to fix it or figure out the origins of the listing. Friday, the citys accountant firm quit.

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Accounting Today

JUNE 25, 2025

The service received nearly 141 million individual income tax returns and processed about 138 million this tax season, according to the National Taxpayer Service "Objectives Report to Congress" for Fiscal 2026. The IRS will need to rapidly hire and train thousands of new Taxpayer Services employees before the 2026 filing season."

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Accounting Today

JULY 2, 2025

By Roger Russell July 2 Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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Going Concern

JANUARY 31, 2025

Firm Watch Accounting firm taps longtime employee to head up Charlotte office [ Charlotte Business Journal ] RSM US has named a 13-year veteran of the company as the new leader of its Charlotte operations. EYs ban took effect in March 2024, which means it is free to take on clients from the end of March 2026.

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Menzies

MAY 1, 2025

Menzies LLP - A leading chartered accountancy firm. When payments are being made in stable coins and funds would be held by the Payment Service Provider (PSP) as part of the transaction this would result in client money being held and a CASS type audit being required. Where are we now with cryptoasset regulation?

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Accounting Today

JULY 2, 2025

Establishing a robust accounts payable audit trail is also made more efficient through the adoption of a digital payment system. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. By Paige Hagy 7h ago Like what you see?

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Accounting Today

JULY 18, 2025

relocate offices; and more news from across the profession. Cohen & Co., Cleveland, announced a donation commitment of $100,000 to Cleveland Guardians Charities, via the Cohen & Co.

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Accounting Today

JULY 2, 2025

By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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Accounting Today

JULY 15, 2025

2, 2026, to file returns and pay any taxes that were originally due during this period. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct. 31, 2026; Calendar-year partnerships and S corps whose 2024 extensions run out on Sept. Affected individuals and businesses have until Feb. 15, 2025, and Jan.

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Going Concern

MAY 23, 2025

Practice 97% of accounting firms say theyre inefficient with technology [ CFO ] Among both public and private accounting firms, where many CFOs are turning to for services in areas like auditing and tax, new data indicates that nearly all arent utilizing technology efficiently. office in late 2026.

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Going Concern

FEBRUARY 28, 2025

Executives at the Public Investment Fund, which has more than 100 subsidiaries, have been told to stop granting consulting projects to PwC until February 2026, Bloomberg reported, citing people familiar with the matter. The sources said PwCs auditing projects would not be affected. The reason behind the decision is unclear.

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Accounting Today

JULY 17, 2025

Administration officials view the bill as a cornerstone of their economic messaging strategy to win over voters in the 2026 midterm elections when control of the House and the Senate will be at stake. Undocumented immigrants, in most cases, are not eligible for the program. We need to let the voters know this is what Democrats stand for.

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Accounting Today

JULY 2, 2025

By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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Accounting Today

JULY 2, 2025

By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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Going Concern

AUGUST 9, 2024

With that in mind, Accounting Today recently conducted its inaugural salary survey to create a snapshot of compensation levels across the country. The university said it would post a corrected version of the audit “as soon as possible.” Bet it’s super disruptive and unique and truly speaks to the spirit of this firm.

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Going Concern

AUGUST 16, 2024

Talent The future of audit talent [ Thomson Reuters ] The landscape for audit talent is shifting significantly. Projections indicate a growth in employment opportunities for accountants and auditors, while roles focused on bookkeeping and data entry are expected to decline. And that starts with storytelling.

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Going Concern

JANUARY 12, 2024

The auditor in question was Deloitte, the behemoth Big Four accounting firm with annual revenue of $65 billion through a global network that stretches from Amsterdam to Zhengzhou. million in audit fees in 2022.) Audit Do former regulators improve the quality of audits? Tingo paid $1.6

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Going Concern

MAY 24, 2024

[link] pic.twitter.com/yegGRtXHFN — Going Concern (@going_concern) May 23, 2024 News PwC faces crisis in China over audit of failed property giant Evergrande [ Financial Times ] The Ls just don’t stop for PwC. However, it was announced to partners at a meeting on Tuesday that Shaw had triumphed in a five-candidate race.

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Going Concern

JANUARY 16, 2024

Project Everest head cheerleader Andy Baldwin had some things to say at Davos : Breaking up EY into separate consulting and auditing companies would have increased growth potential as the company grapples with the need for capital to invest in technology and AI to stay competitive, EY’s global managing partner Andy Baldwin said on Tuesday.

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Going Concern

MARCH 15, 2024

This was the brave part of the statement PwC boss Kevin Burrowes made on Wednesday as he announced another 366 partners and employees would be cut at the embattled firm to right-size the shrinking business. through September 2026, a spokesperson confirmed. The company also looked at 50 Fremont St.,

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Withum

DECEMBER 12, 2023

Now, regulations, investors and other stakeholders want companies to prove their ESG and climate information is accurate and reliable through audits and assurance. This experience puts them at the top of most companies’ list when considering a firm to perform the third-party audit of their ESG and climate reporting.

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Going Concern

AUGUST 23, 2023

Reports The Guardian : More than 1,000 partners at the UK division of the “big four” accounting firm PwC will be paid £906,000 this year, a slight fall on last year’s record payout as profits fell despite rising revenues. Expanded reporting requirements have likewise increased client demand for the Group’s audit services.

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