New York passes licensure changes bill
Accounting Today
JUNE 13, 2025
The New York State Legislature passed a bill establishing an additional pathway to CPA licensure, and another bill authorizing the use of electronic signatures.
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Accounting Today
JUNE 13, 2025
Joshua Roberts/Bloomberg The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement. All rights reserved.
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ThomsonReuters
JANUARY 30, 2025
Blog home The New York Fashion Workers Act , set to take effect on June 19, 2025 , introduces significant changes to the fashion industry, particularly for Model Management Companies (MMCs) and their clients. “But it is not clear whether any other state has equivalent regulatory standards today,” Lopez said.
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Withum
JULY 9, 2025
Withum is proud to announce that Nadia-Maria Matthie has been awarded the Ronald Benjamin National Achievement in Public Accounting Award at the 2025 National Association of Black Accountants (NABA) Awards Gala. She is passionate about progressing the next generation of accounting professionals.
Accounting Today
JUNE 26, 2025
The company demonstrated the products at an event in New York this week. The AI agents include: Accounting Agent: Automates bookkeeping and transaction categorization, and helps with reconciliation of the books. All rights reserved. The AI agents will also work alongside human experts at Intuit to give businesses extra support.
CPA Practice
NOVEMBER 22, 2024
Randy Johnston 00:10 Welcome to the accounting Technology Lab. Now they have operational offices in Toronto and in New York, and it turns out that this company has done some innovative things. We’ll talk to you again soon in and up their technology accounting lab. And I think those claims are true.
CPA Practice
JULY 16, 2025
Jason Bramwell Top 20 accounting firm Armanino has expanded its managed service offerings by joining forces with Strategic Accounting Outsourced Solutions, a specialized outsourced accounting firm. Financial terms of the deal weren’t disclosed. Founded in 2012 and recognized on the Inc.
CPA Practice
NOVEMBER 8, 2024
Plainview, NY-based accounting firm ZBS Group has acquired fellow New York-based firm Saul Rosenberg CPA, effective Nov. Saul has built an excellent reputation for his client-centric approach and in-depth understanding of tax and accounting issues. Financial terms of the deal weren’t disclosed.
Accounting Today
JULY 9, 2025
In 2021, it acquired Long Cook & Samsa in Wooster, Ohio, and in 2015 it acquired LBC International Investigative Accounting in Canada, London and Paris. All rights reserved.
CPA Practice
OCTOBER 16, 2024
The board of directors of the Association of International Certified Professional Accountants has appointed Mark Koziel, CPA, CGMA, as the organization’s next CEO. He began working in the profession at a large accounting firm, Lumsden McCormick, based in Buffalo, New York.
CPA Practice
DECEMBER 6, 2024
Staff report The Public Company Accounting Oversight Board (PCAOB) on Dec. 3 settled disciplinary orders sanctioningNew York-based accounting firm Raines & Fischer and three of its partnersWilliam Fischer, Brian Uhlman, andSteven Sarrelfor violating PCAOB rules and standards.
CPA Practice
JULY 7, 2025
Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Going Concern
DECEMBER 20, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. billion in 2024 and could reach $2.36 billion by 2031. billion in 2024 and could reach $2.36
Shay CPA
APRIL 28, 2025
For startups in New York City, offering a 401(k) or other retirement savings plan is not only a smart move for attracting and retaining talentit may also be required by law. If you’re a startup founder or small business owner with fewer than 10 employees, you might be wondering: Do these rules apply to me?
CPA Practice
JUNE 18, 2025
He also has more than 25 years of public accounting experience in the Columbus area. His executive leadership experience, coupled with his extensive experience in public accounting, further enhances Schneider Downs’ ability to provide highest-level consulting and guidance to its roster of clients. Walker earned a B.S.
CPA Practice
NOVEMBER 14, 2024
Fintech company Rho has introduced the Rho Partner Portal, a version of Rho designed for its accountant partners. In one central platform, accountants can quickly onboard new clients, manage their cash and spend, and easily provision permissions across staff. “The
Accounting Today
JUNE 13, 2025
EDT 1 Min Read Facebook Twitter LinkedIn Email Accounting firms are reporting bigger profits and more clients, according to a new report. All rights reserved.
CPA Practice
JULY 7, 2025
Surett earned a bachelor’s degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of New York at Albany. There, he helped integrate the assurance quality control structure and implement the firm’s ASSURE methodology with legacy MUSA teams.
Shay CPA
JULY 16, 2025
Over the last 20 years of being an accountant, I’ve opened my fair share of mail to find tax notices so daunting they could wake you in cold sweat. Takeaways for Founders Read the notice and pay attention to deadlines provided – if you are using an accountant provide the notice to the accountant to handle in a timely manner.
Accounting Today
JUNE 13, 2025
TaxPlanIQ adds new features Pavel Bolotov/pashabo - stock.adobe.com Tax planning solutions provider TaxPlanIQ rolled out several new features. All rights reserved. A Multi-1040 Uploader and Opportunity Analyzer allows bulk upload of up to 100 client returns at once.
Going Concern
JULY 11, 2025
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Otieno worked for the New York state comptroller. percent to 48.4
CPA Practice
NOVEMBER 13, 2024
Top 20 accounting firm Citrin Cooperman is continuing its run of acquisitions in 2024 by adding Signature Analytics, a San Diego-based outsourced accounting and advisory firm. As part of the deal, New York City-based Citrin Cooperman gains two partners and more than 65 professionals while expanding its presence in Southern California.
Going Concern
JUNE 30, 2025
State lawmakers in Pennsylvania and Delaware each voted on Thursday to pass their respective CPA pathways legislation, joining a growing number of states enacting new laws to provide alternative routes to obtaining a certified public accounting license and ease the accounting shortage. Have a good one, you.
Going Concern
MARCH 17, 2025
Thanks to the person on r/accounting who recommended it. IGN reviews The Accountant 2. The TLDR: “Theres less bean counting in The Accountant 2, but far more blood and bullets.” And that’s it for this news brief. In 2022, for example, the National Endowment for the Arts found that just 37.6
CPA Practice
NOVEMBER 5, 2024
Top 60 accounting firm KSM (Katz, Sapper & Miller) has expanded its presence in New York after acquiring Shanholt Glassman Klein Kramer & Co. SGKK), a New York City-based CPA firm with a focus on the real estate industry, effective Oct. Financial terms of the deal weren’t disclosed.
Going Concern
OCTOBER 18, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Firm Watch Accountancy firm BDO fined €1.3 BDO is going to appeal the decision.
ThomsonReuters
JUNE 18, 2025
However, the cap enacted in the Tax Cuts and Jobs Act (TCJA) of 2017 has significantly impacted taxpayers who itemize their deductions, particularly those living in high-tax states like California, New York, and New Jersey. Now, the cap restricts the total deduction to $10,000, irrespective of the actual taxes paid.
Shay CPA
JUNE 4, 2025
If youre a tech founder in a city like New York, theres a good chance youve come across a quasi-governmental entity known as an Economic Development Corporation (EDC). The New York City Economic Development Corporation (NYCEDC) is one of the most prominent examples, but youll find similar organizations in cities across the globe.
Accounting Today
JULY 25, 2025
SmartVault plans release of AI document management solution Document management Sutthiphong - stock.adobe.com Document management solutions provider SmartVault announced the upcoming release of SmartRequestAI, a new tool designed to transform the way firms collect client information and documents during tax season. All rights reserved.
CPA Practice
JUNE 30, 2025
From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.
Accounting Today
JUNE 10, 2025
Tonneson is one of the largest accounting firms in Boston and has been recognized on Accounting Today s Best Accounting Firms to Work For list for seven years in a row. 14 on Accounting Today s 2025 list of the Top 100 Firms , with over $1.1 All rights reserved. It has a team of over 100 professionals.
Accounting Today
JUNE 6, 2025
ARIZONA The Association for Accounting Marketing Hall of Fame celebrated the 35th anniversary of the annual AAM Summit in Phoenix May 12-14. CALIFORNIA Janet Shepard Janet Shepard was hired as a business management partner and co-leader of the client accounting services practice at HCVT, Irvine. All rights reserved.
Accounting Today
JULY 16, 2025
EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved. Financial terms of the deal were not disclosed.
ThomsonReuters
JULY 18, 2025
The compromise reflects both revenue concerns and growing pressure from constituents in states like California, New York, and New Jersey. This resolution ends years of negotiations between the House and Senate, who had previously disagreed on whether the cap should be expanded or maintained. Here’s why: 1.
Accounting Today
JULY 16, 2025
EDT 4 Min Read Facebook Twitter LinkedIn Email The accounting sector is poised to undergo its greatest reshuffling in generations. The combination of major talent shortages and rapid AI advancements is creating massive opportunity in an industry that has proven its willingness to adopt new technologies in the past. All rights reserved.
CPA Practice
OCTOBER 25, 2024
is the latest to enter the private equity frenzy, as the top 50 accounting firm said on Oct. is the second big accounting firm to announce a private equity deal in the past week. s vision for the future and its longstanding reputation as a premier accounting, tax, and advisory firm make them an ideal partner.” “We
Going Concern
NOVEMBER 22, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S.
Accounting Today
JUNE 23, 2025
Dan Hood (00:02): Welcome to On the Air with Accounting Today; Im editor-in-chief Dan Hood. I dont think most accountants, even the most ambitious would see that as happening. All rights reserved. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors.
Withum
JUNE 24, 2025
Trades or businesses that are subject to this phase-out include businesses involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics or financial services. Instead, the entire PTET payment would be deemed a substitute payment and limited to $10,000.
Accounting Today
JUNE 25, 2025
Prager Metis is based in New York City and has roughly 600 employees, over 100 partners and principals, and 26 offices globally. 60 on Accounting Today s Top 100 Firms list with $128.9 All rights reserved. It will serve clients across North America and Europe. It ranked No. million in revenue.
Accounting Today
JUNE 11, 2025
As is common among many accounting firms taking PE capital, Elliott Davis will operate in an alternative practice structure. Read more: "Private equity in accounting: The end of the beginning" ) "This marks an important milestone for Elliott Davis," Otten said in a statement. All rights reserved. Flexpoint Ford , with $8.2
CPA Practice
NOVEMBER 14, 2024
A day after announcing it had acquired Signature Analytics , a San Diego-based outsourced accounting and advisory firm, top 20 accounting firm Citrin Cooperman has gobbled up another firm, this time Owings Mills, MD-based Clearview Group. Financial terms of the deal, which is expected to close this month, weren’t disclosed.
Accounting Today
JULY 24, 2025
New York: Kingsley Uchelue Utulu, 38 of Nigeria, has been sentenced to 63 months in prison for his role in a hacking, fraud and ID-theft scheme targeting U.S.-based All rights reserved. In 2019, he also submitted documents to the IRS that falsely claimed that he had no connection to the entity that owned the properties. million.
Accounting Today
JUNE 5, 2025
Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. All rights reserved. in restitution to the IRS. Alvarez, a.k.a.
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