Accounting Today

JULY 18, 2025

Bloomberg announces new features for AI Assistant Bloomberg Tax and Accounting announced a bevy of new features for its AI Assistant. Users can accept contactless cards and digital wallets; and automatically reconcile payments in Sage Accounting. All rights reserved.

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Accounting Today

JULY 18, 2025

So, it should come as no surprise that a recent visit to a major university provided fresh inspiration and insights including this one: The next generation is more likely to see accounting or internal auditing not as a career but as a steppingstone. All rights reserved. And heres the shocker — that may not be a dreadful thing.

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Accounting Today

JUNE 23, 2025

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If All rights reserved. But in todays environment, its at least something they have to consider."

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Accounting Today

JUNE 17, 2025

Tipalti provides a suite of finance automation solutions for accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management and tax compliance. All rights reserved. With the acquisition of Statement, the platform now adds treasury functions to its capacities. "I

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Accounting Today

JULY 23, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Accountants and bookkeepers spend hours per week on client communication, from scheduling and confirming appointments to flagging paperwork deadlines and chasing invoices, especially during peak seasons. All rights reserved.

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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.

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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.

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Accounting Today

JUNE 6, 2025

Accounting practice management software provider Karbon announced its new Practice Intelligence product, an agentic AI-driven solution thats the next evolution of its Practice Management platform. All rights reserved. Karbon Practice Management evolves into Practice Intelligence product Karbon accepts Talent Visionary Award.

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Accounting Today

JULY 17, 2025

66 on Accounting Today s 2025 list of the Top 100 Firms , with $109 million in annual revenue. Damiano hopes to build Sax into a Top 50 Firm and a Top 20 Firm in terms of assets under management on Accounting Today s Wealth Magnets list. All rights reserved. Financial terms of the deal were not disclosed. Sax ranked No.

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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.

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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. All rights reserved.

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Accounting Today

JUNE 20, 2025

Taxfyle rolls out TXF Intelligence for smaller practitioners Tax solutions provider Taxfyle announced the release of its new TXF Intelligence product, a generative AI tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S. All rights reserved.

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Accounting Today

JULY 17, 2025

Practice management M&A Georgia MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. All rights reserved. relocate offices; and more news from across the profession.

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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. million bank-financed loan to purchase a home in D.C. All rights reserved.

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Accounting Today

JULY 24, 2025

Sole owner of Zion Outfitter, an outdoor retailer in Springdale, Utah, he handled the company finances and provided CPAs with information and records to prepare tax forms to submit to the IRS. All rights reserved. From 2017 to 2022, Heaton, who pleaded guilty in February, underreported his income to the IRS. million in income tax.

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Accounting Today

JULY 14, 2025

Common deductions include: Mortgage interest: This is significant for financed properties, especially in the early years when interest payments are high. Jessica Jones-Langford Group accounting manager, Ximplifi For reprint and licensing requests for this article, click here. All rights reserved.

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Accounting Today

JUNE 13, 2025

GEORGIA NABA president and CEO Guylaine Saint Juste (left) and Bennett Thrasher partner Durran Dunn RTW Photography Bennett Thrasher, Atlanta, announced its philanthropic arm, the Bennett Thrasher Foundation, made an investment in the National Association of Black Accountants. All rights reserved. Read the full story.)

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Accounting Today

JULY 7, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email AI agents are rightly tipped as the next big stage in artificial intelligence, set to transform several industries, especially accounting. All rights reserved. Its often said time speeds up as we age. In the technology world, and especially in AI, its practically sprinting.

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Accounting Today

JULY 25, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email The accounting profession is a prime example of how AI is reshaping entry-level roles. Accounting educators now face a dual challenge: teaching technical fluency while also cultivating professional presence, critical thinking, and client communication. All rights reserved.

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Accounting Today

JUNE 18, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email The Chartered Institute of Management Accountants named John Graham its next president, succeeding Simon Bittlestone, effective today. Yet, the finance and accounting profession continues to show remarkable resilience," Graham said in a statement. All rights reserved.

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Accounting Today

JULY 11, 2025

million seed funding for agentic AI assistants; and other news and updates from the accounting tech arena. million seed funding for agentic AI assistants; and other news and updates from the accounting tech arena. million seed funding for agentic AI assistants; and other news and updates from the accounting tech arena.

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Accounting Today

JULY 11, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. All rights reserved. Theres no disbursement pending. The funds are already committed.

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Accounting Today

JUNE 9, 2025

Dan Hood (00:03): Welcome to On the Air with Accounting Today. Here to talk about all that as well as some other developments that accountants should be paying attention to is Neil Fishman of Fishman Associates and the president of the National Association of CPA Practitioners, as well as a return guest to the podcast.

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Accounting Today

JULY 17, 2025

Bourgeois Accounting Today and Best Companies Group have announced the members of the 2025 Best Accounting Firms to Work For list. The annual survey and awards program is designed to identify, recognize and honor the best employers in the accounting profession. All rights reserved. Seidel Schroeder Sisterson & Co.

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Accounting Today

JULY 15, 2025

The Senate Finance Committee version changed it a little bit. All rights reserved. But lots of clients were still very anxious about this tax, and luckily, it got taken out in light of what we heard was an agreement by the U.S.

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Accounting Today

JULY 21, 2025

Several leaders of the 2025 Fastest-Growing Firms being honored at Accounting Todays Firm Growth Forum Jesse Sutton KNAV has a similar laser focus, but on the Atlanta-based firms global clientele. "We All rights reserved. We are actually an international firm," shared CEO Nishta Sharma. "I They can leverage us however much they need us.

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Accounting Today

JUNE 24, 2025

Tax Foundation ( [link] ): The Senate Finance Committees draft bill to address Tax Cuts and Jobs Act expirations and make other changes to the Tax Code, including ones to international taxation, promises a key feature of sound tax policy: permanence. When updating partner compensation systems at accounting firms, how to make real change.

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Accounting Today

JULY 17, 2025

Were also looking forward to growing our Houston team with a group of very talented accounting professionals and industry leaders." RMH reports revenue of $9 million, offering tax, assurance and outsourced accounting services to small to midsized businesses in healthcare, manufacturing, real estate and nonprofit sectors in the Houston market.

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Accounting Today

JULY 8, 2025

Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. All rights reserved. All businesses that do research are happy — weve been waiting for this for years."

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Accounting Today

JUNE 10, 2025

Since those areas are of great interest to CFOs, it makes sense for the tax leaders who report to finance chiefs to keep tabs on these issues. Tax tools IRS Tax preparation Manufacturing industry Roth IRAs Risk management Medicare MORE FROM ACCOUNTING TODAY IRS IRS updates procedures list for accounting changes Rev.

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Accounting Today

JULY 2, 2025

Tax Vox ( [link] ): How the Senate bill is even more regressive than the Finance Panels version. All rights reserved. Get yourself ready Institute on Taxation and Economic Policy ( [link] ): How much do the top 1% in each state get from the Senate tax bill? Virginia – U.S. Tax Talk: ( [link] ): Buh-bye, "Revenge Tax."

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Accounting Today

JUNE 30, 2025

Eric Lee/Bloomberg The Senate made adjustments in the text of the massive One Big Beautiful Bill to preserve the state and local tax deduction for pass-through entities such as accounting firms and law firms, eliminating the provision in the House version of the bill curbing the ability of such businesses to avoid the SALT cap.

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Accounting Today

JULY 10, 2025

accounting watchdog is investigating Deloitte LLPs work on units of Stenn Technologies, the trade-finance firm backed by some of the worlds biggest banks that unraveled last year amid allegations of fictitious transactions. accounting firm Azets Holdings on Stenn Assets UK Ltd. All rights reserved. and Stenn International Ltd.

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Accounting Today

JUNE 24, 2025

She became the first woman to serve as Nigerias foreign affairs and finance minister, and during that time, she oversaw reforms to fight corruption in the country and help negotiate a multibillion-dollar write-off of Nigerias national debt, giving the country a much needed financial rebound. All rights reserved.

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Accounting Today

JULY 2, 2025

finance professionals, 48% revealed they have been targeted by deepfake fraud, and 42% have fallen for deepfake scams. Establishing a robust accounts payable audit trail is also made more efficient through the adoption of a digital payment system. All rights reserved. In fact, according to Medius 2024 survey of U.S.

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Accounting Today

JUNE 9, 2025

The Senate Finance Committees plan to extract savings from the Medicaid and — perhaps — Medicare health insurance programs could depart in key respects from the version of the giant bill that narrowly passed the US House in May. All rights reserved.

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Accounting Today

JULY 18, 2025

ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. All rights reserved. relocate offices; and more news from across the profession. relocate offices; and more news from across the profession. Cohen & Co.,

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