Accounting Today

JUNE 16, 2025

Document security in accounting encompasses protocols for safeguarding records against unauthorized access, data breaches and loss. million in 2024 , this has never been a more pressing issue. And with the average cost of data breaches reaching an all time high of $4.88 Regularly review retention policies.

Accounting

Accounting Today

JUNE 12, 2025

and beginning at least in 2012 and continuing through at least May 2020 participated in a scheme to defraud the IRS by organizing, marketing, implementing and selling illegal syndicated conservation easement tax shelters created and organized by co-conspirators Jack Fisher, James Sinnott and others.

Tax

Accounting Today

JUNE 26, 2025

1, 2024; and CPA Walter W. 20, 2024, and attorney Jason M. 10, 2024, and attorney Catherine E. 14, 2024, and CPA George O. 4, 2024; Enrolled Agent John A. Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. Englander, Westlake Village, indefinite from Oct. Connecticut: Attorney Scott M.

Tax

Accounting Today

JUNE 19, 2025

Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. Yager used clients information to present false returns to the IRS from November 2023 through March of 2024, submitting returns in the name of her clients without their knowledge or approval. and to wire fraud.

Tax

Accounting Today

AUGUST 8, 2025

New funding Tax research platform Blue J has raised $122 million in U.S. The Series D funding follows Blue Js Series C round in December 2024. dollars in a Series D funding round led by Oak HC/FT and Sapphire Ventures , with participation from Intrepid Growth Partners , and previous investors Ten Coves Capital and CPA.com. million.

CPA

Accounting Today

AUGUST 1, 2025

Withums perspective complements our existing expertise, offering more expansive solutions in technology, automation, cyber and information security services, as well as enhanced tax and international service capabilities." In June, Withum acquired PKF Texas , based in Houston, and in April, it added CTM CPAs in Lincolnshire, Illinois.

Corporation Tax

Accounting Today

AUGUST 11, 2025

By Paige Hagy 11h ago Practice management The next big opportunities in accounting The 2025 Fastest-Growing Firms identify the areas that are ripest for continued growth.

Corporation Tax

Accounting Today

JUNE 20, 2025

The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.) 3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025.

Tax

Accounting Today

JULY 24, 2025

Happy Valley, Oregon: Business owner Joyce Leard has pleaded guilty to not paying over employment taxes to the IRS. From 2017 through 2024, Leard also owned and operated Wall 2 Wall Hardwood Floors Inc., Leard owned and operated Mr. Tree Inc., another Happy Valley-based company.

Tax

Accounting Today

JULY 25, 2025

Boyer & Ritter, Camp Hill, hired as associates: Isaiah Houser, Matthew Rindfuss, Madison Bucher, Brady Knier, Nicholas Resele, and previous interns at the firm in 2024: Riley McGallicher, Jacklyn Karoly and Hanna Swalin. RHODE ISLAND Elizabeth Harman was promoted to partner at KLR, Providence.

Corporation Tax

Accounting Today

JULY 17, 2025

The remaining former partners — Randy Reimer, Max Dunlap, Mike Huett, Amy Estes and Shanna Rougeau — will join the firms leadership group as principals Doeren Mayhew received a private equity investment from Boston-based Audax Private Equity in August 2024.

Corporation Tax

Accounting Today

AUGUST 8, 2025

MINNESOTA Wolters Kluwer Tax and Accounting, Minneapolis, launched the CCH William Awards, a new annual recognition program honoring excellence in the tax and accounting profession that celebrates Wolters Kluwer customers who demonstrate innovation, leadership, community impact and commitment to advancing the profession.

Corporation Tax

Accounting Today

AUGUST 11, 2025

By Paige Hagy 36m ago Practice management The next big opportunities in accounting The 2025 Fastest-Growing Firms identify the areas that are ripest for continued growth.

Accounting

Accounting Today

AUGUST 11, 2025

By Paige Hagy 36m ago Practice management The next big opportunities in accounting The 2025 Fastest-Growing Firms identify the areas that are ripest for continued growth.

Accounting

Accounting Today

JULY 15, 2025

The bonus depreciation went down to 80% in 2023 and in 2024 it went down to 60%. We had 100% bonus depreciation until 2023 and in 2023 it began to phase out at 20% each year," said Boccaccio. "In In 2023 you couldnt deduct 100%. Thats significant," he added.

Billing

Accounting Today

AUGUST 5, 2025

The firm was formerly known as NDH Advisors before rebranding in September 2024. In May of 2023, it received private equity funding from Unity Partners; in January 2024, it added Jain & Jain PC , a firm based in Houston, and in June, it acquired McGowan Guntermann PC , a firm in Santa Barbara, California.

Corporation Tax

Accounting Today

JULY 1, 2025

In fiscal year 2024, only 18 of 24 CFO Act agencies received clean (unqualified) audit opinions, reaching 20-year lows. Yet, according to Vought, audits have become "rote exercises that do not ensure sound financial management," not preventing fraud, waste, and abuse — even as the national debt exceeds $36 trillion.

Auditing

Accounting Today

JULY 1, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Courtesy of IAASB and IESBA The International Ethics Standards Board for Accountants said Tuesday its first global Ethics Standards on Tax Planning , which IESBA launched in April 2024, went effective today.

Tax

Accounting Today

JULY 2, 2025

In fact, according to Medius 2024 survey of U.S. As reported in a 2025 survey by the Association for Financial Professionals, respondents citing the use of paper checks for payments surged to 91%, and a further 63% reported that their organizations faced check fraud in 2024.

Corporation Tax

Accounting Today

JULY 8, 2025

We can now go back to the old provisions, especially for small businesses with under $31 million in revenue, and amend for 2022, 2023 and 2024. Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here.

Billing

Accounting Today

AUGUST 11, 2025

By Paige Hagy 11h ago Practice management The next big opportunities in accounting The 2025 Fastest-Growing Firms identify the areas that are ripest for continued growth.

Tax

Accounting Today

JUNE 9, 2025

Musk, the biggest political donor of the 2024 campaign, has threatened to help defeat anyone who votes for the legislation, but lawmakers seem to agree that staying in the presidents good graces is the safer path to political survival.

Billing

Accounting Today

JULY 15, 2025

The February deadline applies to: Any individual, business or tax-exempt organization that has a valid extension to file their 2024 return due to run out on Oct. 15, 2025; Quarterly estimated income tax payments normally due on Sept. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct.

Tax

Accounting Today

JULY 15, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email A major merger with billion-dollar firm Marcum toward the end of 2024 put CBIZ firmly at the top of the list of new Securities & Exchange Commission audit clients for the first quarter of 2025.

Auditing

Accounting Today

JUNE 24, 2025

It didnt even take into account tax fraud or other stolen revenues," he added. "It The ACFE, in its most recent Report to the Nations in 2024, estimated the typical organization loses 5% of its revenue to fraud, translating to about $5 trillion per year. It didnt include state and local governments."

Corporation Tax

Accounting Today

JULY 29, 2025

Grant Thornton took on private equity investment from New Mountain Capital in March 2024, splitting its attest services from its business advisory and non-attest services. Clearsight Advisors served as financial advisor to Auxis, and Holland & Knight served as its legal advisors.

Corporation Tax

Accounting Today

JULY 21, 2025

For tax years after 2024, Section 174A permanently restores the ability to fully deduct domestic R&D expenses in the year they are incurred. This provides clarity and a powerful incentive for future innovation," noted Brett Johnson, the founder of Arvo Tech, which helps businesses maximize their tax strategies.

Corporation Tax

Accounting Today

JULY 18, 2025

founder Ron Cohen, who died in August 2024. 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. Community Foundation, in honor of Cohen & Co.s

Corporation Tax

Accounting Today

JUNE 17, 2025

Milan Jaros/Bloomberg The firm is backed by private equity firm New Mountain Capital, which acquired its majority stake in March 2024 after selling a majority stake in Top 100 Firm Citrin Cooperman. In April, it announced agreements with GT firms in Luxembourg, the United Arab Emirates and the Cayman Islands, as well as GT Netherlands in May.

Corporation Tax

Accounting Today

JUNE 13, 2025

NORTH CAROLINA The American Institute of CPAs, Durham, and the National Association of State Boards of Accountancy announced this years winners of the Elijah Watt Sells Award, granted to CPA candidates who obtain a cumulative average score above 95.50 Read the full story.) OHIO Cohen & Co.,

CPA

Accounting Today

JULY 1, 2025

26 on Accounting Today s 2025 Top 100 Firms list. In December 2024, it took a private equity investment from Summit Partners in Boston. EDT 1 Min Read Facebook Twitter LinkedIn Email UHY added Cincinnati-based firm Flynn & Company, expanding its reach into Ohio. UHY, based in Farmington Hills, Michigan, ranks No. UHY reported $384.7

Corporation Tax

Accounting Today

JULY 7, 2025

So at the end of last year, at the end of 2024, culmination of things happened. So the pinnacle was end of 2024 when I went through my fifties spiral. I went into a spiral in November, but I was still showing up to work, and I really wasnt communicating my mental health with my boss. So I would come to meetings with a deathlike.

Tax

Accounting Today

JULY 17, 2025

We have to play offense," said John McLaughlin, one of Trumps 2024 campaign pollsters. "We If the bill had not passed, 95% of Americans would have seen their taxes rise." We need to let the voters know this is what Democrats stand for.

Tax

Xero

MAY 13, 2022

Making Tax Digital for Income Tax Self Assessment ( MTD for ITSA ) requires that landlords earning more than £10,000 use MTD-compatible software to keep records and make submissions to HMRC. The legislation will come into effect from April 2024. This guide looks at what MTD for ITSA means in practice for landlords. .

Tax

Counto

FEBRUARY 7, 2024

Corporate Tax Filing in Singapore: A 2024 Guide for Businesses If you’re a business operating in Singapore, understanding the intricacies of corporate tax filing is essential to maintain legal compliance and financial stability. Click on it to access the corporate tax filing section within the MyTax Portal.

Corporation Tax

Counto

SEPTEMBER 20, 2024

Example: A small IT consultancy firm with a turnover of SGD 500,000 opts for voluntary GST registration to reclaim tax on its equipment purchases, thereby improving cash flow. GST Rates and Their Implications Current GST Rate: The standard GST rate is 8% and will increase to 9% from 1 January 2024.

Bookkeeping

Accounting Today

JULY 15, 2025

The Sales Tax People ( [link] ): How long do states have to audit your clients for sales taxes, anyway? Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.

Corporation Tax