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IRS FIRE's going out for 2027 tax season

Accounting Today

By Chris Gaetano July 9 Practice management Franklin Alliance acquires second firm The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms. © 2025 Arizent. All rights reserved. All rights reserved. All rights reserved.

Tax 268
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Optimism declines among accountants

Accounting Today

The 2025 Avalara Accountants Confidence Report , produced by Avalara in conjunction with CPA Trendlines, polled 623 accounting professionals and found a shift from cautious optimism to greater pessimism, thanks to various economic pressures and policy uncertainty. All rights reserved. EDT 3 Min Read Facebook Twitter LinkedIn Email U.S.

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SEC taps new chief accountant

Accounting Today

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. in accounting from James Madison University and is a CPA in Virginia. All rights reserved. He received a B.B.S.

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RSM announces $1B agentic AI investment

Accounting Today

2025-23 updates the list of automatic procedures for changes in methods of accounting. By Michael Cohn 5h ago Audit Climate risk could slash earnings 7% by 2035 Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMGs 2025 Futures Report found. © 2025 Arizent.

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Tax Fraud Blotter: Boundless energy

Accounting Today

Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. 1, 2024; and CPA Walter W. Schwartz, Berlin, indefinite from March 18, 2025. Tuggle, Duluth, indefinite from March 18, 2025; CPA William B. Tomasello, Forest Park, and CPA Victor C. Slone, Hilo, indefinite from March 18, 2025.

Tax 179
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In the blogs: Breathing room

Accounting Today

Breathing room Current Federal Tax Developments ( [link] ): The critical updates of Notice 2025-33, which impacts digital asset brokers and their compliance obligations under IRC Sections 6045, 3406 and related penalty provisions, extend and modify previously granted transitional relief, "offering much-needed breathing room." © 2025 Arizent.

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Elliott Davis takes PE investment

Accounting Today

Elliott Davis, a licensed CPA firm, will continue to provide attest services. Flexpoint had evaluated other CPA firm platforms but with Elliott Davis it was love at first sight. All rights reserved. Elliott Davis is based in Greenville, South Carolina, with over 800 employees, 60 partners and eight offices.