Accounting Today

JULY 9, 2025

Platform, based in Holladay, Utah, invests in and acquires smaller accounting firms, frequently rebranding them. In February, the private equity-funded firm added Keystone Advisor Group , formerly known as Heckman & Laudeman, in Orwigsburg, Pennsylvania, in January.

Account

CPA Practice

JULY 7, 2025

Partnership Tax TRP Remove Treas. 1.6011-18 (Basis Shifting TOI Regulations) from the Income Tax Regulations (26 CFR part 1). Kepniss & Associates in New Jersey The deal enables LMC to expand its service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.

cpas

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."

New Jersey

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.

Rhode Island

Accounting Today

JUNE 27, 2025

He became instrumental in the field of taxation, with a specific focus on state and local taxes. 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. Pittsburgh.

Technology

Accounting Today

JULY 28, 2025

The Interim Guidance Memorandum " Reinforcing the Customer Focused, High Efficiency Large Business & International Examination Process " highlights changes intended to streamline examination resources, facilitate timely issue resolution, reduce interest costs, expedite tax certainty and reduce deficiencies. Expanding use of AIR.

Technology

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.

Tax

Accounting Today

JULY 29, 2025

Eide Bailly ( [link] ): Just a few months ago, withholding tax was far more top-of-mind for cross-border tax and transfer pricing planning than were tariffs. Tax Foundation ( [link] ): OBBBA alters several components of the U.S. international corporate tax regime, including the base erosion and anti-abuse tax (BEAT).

tax preparation

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."

Technology

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.

North Carolina

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.

Technology

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.

Indiana

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.

North Carolina

Accounting Today

JULY 15, 2025

The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page. 2, 2026, to file returns and pay any taxes that were originally due during this period. 15, 2025; Quarterly estimated income tax payments normally due on Sept. Affected individuals and businesses have until Feb.

Texas

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.

Tax

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.

North Carolina

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.

North Carolina

Going Concern

JANUARY 2, 2023

This year’s falloff comes during a pivotal year for the board, which over the past year had been doing outreach broadly via an agenda consultation process to set its five-year agenda for 2022 to 2026. What’s more, Mr. Jones does not appear to be fan of the minimum corporate tax. The six ASUs are: ASU No.

accounting standards

Menzies

OCTOBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments.

corporation tax

Menzies

JUNE 26, 2024

Menzies LLP - A leading chartered accountancy firm. Carbon output Labour have declared an initiative which would see £500m of funds available annually from 2026 to act as an incentive for manufacturers developing clean energy and investing in good jobs. The conservatives have committed to investing £1.1

Manufacturing

Menzies

NOVEMBER 9, 2023

Menzies LLP - A leading chartered accountancy firm. Extending Full Expensing Capital Allowances: Recognising the capital-intensive nature of the manufacturing industry, we advocate for the extension of the full expensing capital allowances regime beyond March 2026.

Manufacturing

Menzies

AUGUST 21, 2023

Menzies LLP - A leading chartered accountancy firm. This relief is temporary and will end on 31 March 2026 but for companies that take advantage of it will enable up to £250 of each £1,000 of capital spend to be recovered against their tax bill and so potentially significant tax savings are available.

chartered accountant

Menzies

MAY 11, 2023

Menzies LLP - A leading chartered accountancy firm. You have identified the new piece of equipment your business needs, it’s worth pausing to consider the best way to structure the purchase and tax can play an important role in the determining the best option for your business. – Should surplus cash be used?

Manufacturing

Menzies

FEBRUARY 13, 2024

Menzies LLP - A leading chartered accountancy firm. Corporation Tax A reduction in the headline rate of corporation tax to support UK business in a challenging economic climate. What could we expect to see from the Spring Budget 2024?

Manufacturing

Menzies

JULY 9, 2024

Menzies LLP - A leading chartered accountancy firm. The UK electorate may have voted for a change in government, but underpinning the Labour manifesto is a strong emphasis on stability. Labour expect a push towards cleaner power to create good, well-paid jobs across the UK.

Manufacturing

Accounting Insight

MARCH 3, 2023

These trends will lead to an increased interest among tax and accounting firms to outsource tax preparation services to free up staff time to focus on higher-value work. The EU will require green energy and carbon footprint financial reporting in 2023, and the US will require it by 2026.

Tax

Accounting Today

JULY 3, 2025

Edelman pleaded guilty to 10 felony counts: conspiracy to defraud the United States, seven counts of tax evasion and two counts of making a false statement. Trial on the remaining counts will be in 2026. Edelman founded and owned half of Mina Corp. Department of Defense for jet fuel for U.S.

Tax

Menzies

MAY 14, 2025

Menzies LLP - A leading chartered accountancy firm. Here are some of the ways that we are helping our clients manage their costs through 2025-2026: Its more important than ever to seek out proactive ways to mitigate the increase in employers NI and other taxes, so that your business is retaining more of its cash.

Hospitality