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AICPA News – July 2025

CPA Practice

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. The survey polls chief executive officers, chief financial officers, controllers, and other CPAs in U.S. companies who hold executive and senior management accounting roles.

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Caution: Successful firms identify challenges ahead

Accounting Today

So, thats part of the challenge." ( Watch: "Dean Dortons early adoption pays off" ) The right skills and experience are also paramount for Lexington, Kentucky-based Top 100 Firm Dean Dorton, according to president and CEO David Bundy, who reports positive traction on that front thus far. "I All rights reserved. Watch: "PP&Co.

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Monday Morning Accounting News Brief: Venture Capital Eyes Accounting Firms For Profit; Big 4 Firms Tell Staff to Cool It on Travel Expenses | 1.13.25

Going Concern

Grant Thornton, which provides tax and business consulting services, will occupy about 5,100 square feet on the 8th floor of the River Center, at 111 E. A CPA’s office building caught fire in Kentucky : An office building caught fire Friday morning in downtown Hazard. Kilbourn Ave., Wisconsin Ave. University of MissouriSt.

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Friday Footnotes: AI More Trusted Than CPAs; We’re Interested in Carried Interest Again; Is Consulting So Back? | 2.7.25

Going Concern

AI Americans trust AI more than a CPA to do their taxes, according to new research [ Fortune ] Only 2 in 5 Americans are confident about their tax filing game, according to a new survey from Invoice Home. Nearly 43% of respondents say they would trust artificial intelligence for help more than tax professionals like CPAs.

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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. Social Security Tax : Employers and employees each contribute 6.2%

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What is an IRS CP14 notice? Options for balance due for unpaid taxes

MyIRSRelief

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?

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What is an IRS CP14 notice? Help options for balance due for unpaid taxes

MyIRSRelief

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?