TaxConnex

APRIL 17, 2025

Last time we looked at the damage that one companys past sales tax exposure and liability can do to an M&A deal. Companies must register for sales tax companies in states where they have nexus and adhere to that states filing frequency requirements. In that part, well examine what can be done about this exposure. Registering.

Sales

CPA Practice

JUNE 30, 2025

OBannon The Sales Tax Sisters, Mary Thomas (Attorney and CPA) and Stephanie Thomas (CPA), are excited to announce their partnership with Roundtable Labs to launch The Sales Tax Hive , a new roundtable community designed exclusively for bookkeepers, accountants, and finance professionals navigating the complexities of sales and use tax.

bookkeeping

Accounting Today

JUNE 16, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. Finally, audit engagement deficiencies increased across all firms. All rights reserved.

audit

Accounting Today

JUNE 10, 2025

The firm will be fully integrating agentic AI into RSMs assurance, tax and consulting services; empowering RSM talent with agentic AI tools to heighten productivity and professional growth; and expanding agentic AI-driven solutions to elevate the overall client experience. All rights reserved. by 2035, KPMGs 2025 Futures Report found.

Technology

Accounting Today

JUNE 26, 2025

By Chris Gaetano 1m ago Tax-related court cases Tax Fraud Blotter: Boundless energy Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. All rights reserved.

quickbooks

Accounting Today

JUNE 6, 2025

We must confront a critical question: If we continue to train accountants solely to file tax reports, are we truly equipping them for the challenges of todays world? All rights reserved. Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market.

Account

Accounting Today

JUNE 11, 2025

The shift signifies growing apprehension across Main Street accounting firms serving as advisors on tax, payroll and compliance decisions amid a backdrop of historic tariff actions, continued inflation and unpredictable tax and trade policies. All rights reserved.

Technology

CPA Practice

JUNE 5, 2025

Today, the firm’s team of over 85 professionals delivers comprehensive services including audit, tax, business advisory, business valuation, fraud and forensic accounting, outsourced accounting, and wealth management consulting. © 2025 Firmworks, LLC.

Texas

Accounting Today

JUNE 20, 2025

3 to file various federal individual and business returns and make tax payments. 3 to file various federal individual and business returns and make tax payments. The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.) All rights reserved. 15, 2025. 31, 2025.

Mississippi

CPA Practice

JULY 24, 2025

The link between value and pricing: Tax firms need to recognize that pricing should reflect the value of services and the outcomes they deliver, not just the time spent. Pricing a firm’s strategies for growth: Subscription-based pricing models can lead to consistent revenue growth and better cash flow management.

Technology

CPA Practice

JUNE 18, 2025

Arpit has played a pivotal role in building the US PCAOB audit capabilities, leading complex public company engagements and driving the expansion of this critical practice area. Arpit began his journey with us 14 years ago as an intern (article clerk) in Mumbai, India, and has since become a key leader within the US Assurance practice.

Technology

CPA Practice

JULY 15, 2025

The subscription-like nature of tax, audit, and advisory services makes these firms attractive to investors seeking long-term, stable returns. C. New Leadership Models in the CPA Profession Traditionally, the key person in a CPA firm was the individual handling the technical work—whether tax preparation or auditing.

cpa firm

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. All rights reserved.

Tax

Accounting Today

JULY 23, 2025

Paradoxically, vulnerability had given him back control — but it also opened up a whole set of questions about his professional career, including his role as managing partner of Tri-Merit Specialty Tax Services (a tax advisory firm that also hosts Bridging the Gap). "I All rights reserved. he asked.

Technology

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. auditing rules and standards were Goldman & Co. CPAs ($25,000), Raymond Chabot Grant Thornton in Canada ($30,000), and PWR CPA ($60,000).

Technology

CPA Practice

JUNE 25, 2025

Subscribe Tags:  accountants , Accounting , IMA , Institute of Management Accountants , management accounting Recommended Accounting Articles View All Accounting Articles Auditing June 25, 2025  PCAOB Permanently Bars Repeat Rule-Breaker Michael Studer, CPA, was permanently barred on June 24 and his firm, Michael T.

management accounting

Accounting Today

JULY 9, 2025

Accounting Technology Fraud prevention Fraud MORE FROM ACCOUNTING TODAY Practice management BDO names Matt Becker next CEO Matthew Becker, BDO USAs national managing principal of tax, has been ratified by a principal-wide vote to succeed Wayne Berson as the firms next CEO, effective July 1, 2026. All rights reserved.

Technology

CPA Practice

JUNE 12, 2025

Whether you’re advising on tax strategy, audit readiness, profitability or business continuity, your ability to build trust will set you apart in a profession where more and more compliance work is being automated. Now is the time to strengthen the human side of your client relationships. Ask deeper questions. Anticipate their worries.

Technology

TaxConnex

JUNE 10, 2025

Many companies don’t think about how to handle sales tax obligations until it’s too late. Previously we looked at how such back-office functions as the general ledger , tax calendar and billing system can cause problems with your sales tax compliance. It’s just sales tax.

Sales

TaxConnex

JANUARY 23, 2025

A new construction project, a renovation or expansion of a property, ongoing management of a property: All these and more can come with a ton of sales tax nuances. Particularly for those construction companies with projects beyond the borders of their home state, where they may have done well with sales tax compliance for many years.

Sales

CPA Practice

JUNE 6, 2025

Accountants can explore insights on workforce trends, tax and legislative updates, client advisory strategies, and firm management best practices—all crafted by ADP subject matter experts. The launch reinforces ADP’s long-standing support for the accounting community through flexible tools and deep industry expertise.

Technology

Accounting Today

JUNE 13, 2025

Hohl has close to 40 years of accounting and auditing experience. In 2023, he founded Corallium Advisors, which helps businesses with auditing, regulatory compliance, risk management, and initial public offerings. All rights reserved. Previously, he spent 26 years as a partner at EY in various roles.

Account

Accounting Today

JUNE 5, 2025

Accounting Accounting education CAS Technology Accounting students MORE FROM ACCOUNTING TODAY Tax-related court cases Tax Fraud Blotter: Prep perps Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. All rights reserved. By Editorial Staff June 5 Like what you see?

Account

Accounting Today

AUGUST 1, 2025

They are blessed to have a culture (The Wipfli Way) where everyone trusts and respects each other and they are all about value added services for their clients (I should know, Im a happy outsourced accounting and tax client!)." All rights reserved. The firm dates back over a century and is moving into a new phase with the PE investment.

Technology

Accounting Today

JUNE 23, 2025

My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions. Back when I was initially analyzing the data around the "loyalty tax," I posted a chart breaking down this trend on a Reddit thread.

Technology

ThomsonReuters

JUNE 18, 2025

The future of tax is digital, data-driven, and deeply integrated. As organizations move to cloud ERP systems like SAP S/4HANA, tax professionals have a rare opportunity to lead transformation and shape smarter, more agile operations. She illustrates how tax can lead enterprise-wide change , not just departmental improvements.

Tax

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. a provider of indirect tax solutions. Rates and Rules Report from Vertex Inc. ,

Sales

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.

Technology

Accounting Today

JUNE 9, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Tax management platform Instead launched artificial intelligence-driven tax reports, harnessing AI to analyze full tax returns to glean tax strategies and missed opportunities. All rights reserved.

Tax

Accounting Today

JUNE 16, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email Business owners who employ their children in a reasonable but limited capacity at their firms can rake in tax savings and start their kids first retirement accounts in the process. All rights reserved.

Tax

ThomsonReuters

DECEMBER 2, 2024

← Blog home At a high level, SAS 145 brings with it refinements to risk assessment standards in audits, reinforcing the need for vigilance and critical thinking. So, let’s explore the impact of SAS 145 on risk assessment in audits, particularly the importance of understanding inherent risk and its evolving nature.

auditor

Accounting Today

JUNE 16, 2025

Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. Together, these two elements serve as the backbone of reliable financial reporting, timely filings, and successful audits. All rights reserved.

Technology

CPA Practice

JULY 8, 2025

Ian Vacin First introduced in 2018, the Ignition/Karbon integration is already used by accounting and tax firms of all sizes. A webinar about the integration will be held on July 10. A two-way continuous data sync keeps records up to date and reduces onboarding errors. Click here for more information and to register.

Technology

ThomsonReuters

NOVEMBER 25, 2024

← Blog home As a new presidential administration takes shape, the potential for substantial shifts in tax laws and other financial regulations is top of mind for auditors. Audit professionals at all levels must be prepared to assess, evaluate, and respond to these changes, all while keeping clients’ needs at the forefront.

auditor

ThomsonReuters

JULY 29, 2025

The demand for qualified tax professionals is growing, but the supply is dwindling. During a recent webinar , Paula Vienneau , senior implementation consultant at Thomson Reuters, put it this way: “It’s no longer about knowing every nuance of the tax law. AI can do that.

Technology

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

CPA Practice

JULY 9, 2025

Becker , national managing principal of tax, has been ratified by a principal-wide vote to serve as the firm’s next Chief Executive Officer, effective July 1, 2026. He joined BDO in 2002, became a tax partner in 2005, and assumed the role of national managing principal in 2019.

Technology