Accounting Today

AUGUST 1, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email By now, anyone reading this column has heard enough about the historic set of challenges confronting tax and accounting firms. According to our recent 2025 State of Tax Professionals Report , which surveyed 639 respondents from tax, audit and accounting firms of all sizes, the No.

Accounting

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!)." The firm dates back over a century and is moving into a new phase with the PE investment.

Corporation Tax

Accounting Today

JUNE 17, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email Private equity in the profession; green cards and exit taxes; governance for preparers; and other highlights from our favorite tax bloggers. Tax Foundation ( [link] ): Illinois policymakers should think twice before taxing GILTI. Tax Review Board.

Corporation Tax

Accounting Today

JUNE 6, 2025

Yet, in many areas, accounting education stubbornly clings to outdated, overly technical models that fail to connect with the actual demands of the market. 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?

Accounting

Accounting Today

JUNE 5, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. .:

Tax

Accounting Today

JUNE 5, 2025

You can read more about the program in my first article: Addressing the accounting talent shortage through hands-on education. Dan Luthi Partner, Ignite Spot Accounting Services For reprint and licensing requests for this article, click here. By Editorial Staff June 5 Like what you see?

Accounting

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.

Corporation Tax

Accounting Today

JUNE 9, 2025

Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. By Daniel Hood 35m ago Technology Instead adds AI-driven tax reports The reports harness artificial intelligence to analyze full tax returns to glean tax strategies and missed opportunities.

Auditing

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.

Tax

Accounting Today

JULY 9, 2025

Vinícius Alves de Melo CEO, Carlos Contábil For reprint and licensing requests for this article, click here. By Paige Hagy July 9 Tax IRS FIRE's going out for 2027 tax season The Internal Revenue Service plans to shutter its Filing Information Returns Electronic, or FIRE, system. By Chris Gaetano July 9 Like what you see?

Accounting

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. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios.

Corporation Tax

Accounting Today

JULY 24, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email The not-so-great outdoors; spear itself; pain and gain; and other highlights of recent tax cases. 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.

Tax

Accounting Today

JUNE 26, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. San Jose, California: Execs Lalo Valdez and Matthew Olson have pleaded guilty to not paying over employment taxes to the IRS. Olson caused a total tax loss to the IRS exceeding $2.1

Tax

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.

Accounting

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. Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

JUNE 13, 2025

I want to thank Ryan for his service as acting chief accountant and am pleased that he will continue serving in the Division of Enforcement," said Atkins. Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn June 12 Like what you see?

Accounting

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. Without the right systems in place, even routine tasks like expense approvals or tax submissions can become time-consuming and error-prone.

Accounting

Accounting Today

JUNE 16, 2025

Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn 5h ago Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.

Auditing

Accounting Today

JULY 16, 2025

The firms that emerge as winners in the accounting industry are more likely to be the holdouts that remain focused on the long-term. Elliott Parker CEO, Alloy Partners For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

JULY 18, 2025

Richard Chambers Senior advisor, risk and audit, AuditBoard For reprint and licensing requests for this article, click here.

Auditing

Accounting Today

JULY 22, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email E-comm challenges; advising on biz sales; the IRS and math errors; and other highlights from our favorite tax bloggers. Answer unclear; ask again later Taxbuzz ( [link] ): So is Social Security tax-free under the One Big Beautiful Bill Act? Tell clients "almost." corporate taxpayers.

Corporation Tax

Accounting Today

JUNE 13, 2025

Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. By Chris Gaetano 11h ago Tax-related court cases Tax Fraud Blotter: Sick excuses By any other name; poor Service; a saga continues; and other highlights of recent tax cases.

Corporation Tax

Accounting Today

JUNE 16, 2025

Tax professionals gear up for a mad dash, auditors dive into quarter-end chaos, while leadership scrambles to balance capacity with unpredictable workloads. But the once-effective model of heavy lifting during tax season followed by a revenue drought isnt just outdated — its increasingly unsustainable.

Corporation Tax

Accounting Today

JULY 23, 2025

But with the establishment of a proper approach, accounting industry professionals can incorporate calendar-based automated processes, scheduling software, reminders to tighten up invoicing operations, improve the client experience without adding more manual work, and ensure their firms communication channels hum with reliability and efficiency.

Corporation Tax

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.) 15, 2025.

Tax

Accounting Today

JUNE 23, 2025

IMAs Management Accounting Competency Framework outlines the skills required by the most common accounting and finance roles. Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

AUGUST 8, 2025

Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. This is no longer a niche IT issue — its a frontline finance challenge."

Corporation Tax

Accounting Today

JUNE 25, 2025

Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. By Jeff Stimpson 5h ago Accounting Bonadio probes elder financial abuse The Top 50 Firm is taking aim at the growing problem of elder financial abuse by helping protect clients.

XERO

Accounting Today

JUNE 19, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Bloomberg via Getty Images Looking for "greater tax certainty" for large business and international taxpayers, the Internal Revenue Service has improved its Pre-Filing Agreement program. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

JUNE 6, 2025

Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. By Chris Gaetano 9h ago Accounting Employers add 139K jobs, with 3,100 in accounting The overall unemployment rate remained unchanged at 4.2%.

Corporation Tax

Counto

JANUARY 13, 2025

Managing Taxes as a Freelancer or Self-Employed Managing your taxes as a freelancer or self-employed individual in Singapore might seem daunting at first, but with the right approach, it can be straightforward and manageable. Understanding Your Tax Obligations If youre self-employed or freelancing, youre responsible for your own taxes.

Tax

Counto

JANUARY 10, 2025

This guide, aligned with accounting services best practices, is designed to help small business owners in Singapore navigate the complexities of cryptocurrency accounting. Correct classification is crucial for accurate accounting and tax reporting, so it’s essential to assess how cryptocurrency fits into your business strategy.

Accounting

Accounting Today

JUNE 17, 2025

Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. The capabilities are available internally to KPMG professionals and are also available to deploy for clients. The next phase of AI will be defined by platforms that scale," said Steve Chase, U.S.

Corporation Tax

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

JULY 28, 2025

You know, Im just doing a tax return or Im just doing this. Its really coming around to our internal employees and saying, "Its not just [a tax return], you are worth this." Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. Im not worth it.

Auditing

Accounting Today

JUNE 11, 2025

Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn 2h ago Accounting Optimism declines among accountants U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.

Corporation Tax

Counto

NOVEMBER 28, 2024

Accurate Data Transfer: Successful account migrations rely on precision. Compatibility with Leading Accounting Software: Whether you’re switching to cloud-based solutions like Xero or QuickBooks, it’s essential to ensure that your data integrates seamlessly with the new platform. Explore our plans here.

Accounting