Accounting Today

JUNE 10, 2025

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

Corporation Tax

Accounting Today

JUNE 11, 2025

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. EDT 3 Min Read Facebook Twitter LinkedIn Email U.S.

Accounting

Accounting Today

JULY 18, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email A great benefit of my five-decade career in internal auditing and risk management is the opportunity to work with young people. One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession. Im one of them.

Auditing

Accounting Today

JULY 18, 2025

It now sports an integration with Bloomberg Tax news pages and articles, enabling users to interact with news articles to extract tax-related implications or track emerging developments without disrupting their workflow. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios.

Corporation Tax

Accounting Today

JULY 22, 2025

Trout CPA ( [link] ): Handy rundown of current tax law versus OBBBA. CLA ( [link] ): The FDIC has proposed significant updates to 12 CFR Part 363 (FDICIA), which governs annual independent audits and reporting requirements for insured depository institutions. The Tax Times ( [link] ): What reform means for GILTI and U.S.

Corporation Tax

Accounting Today

JUNE 26, 2025

Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. 1, 2024; and CPA Walter W. Tuggle, Duluth, indefinite from March 18, 2025; CPA William B. Tomasello, Forest Park, and CPA Victor C. Indiana: CPA Michael M. Missouri: CPA William R. New York: CPA Kimberly Johnson, Bronx, indefinite from Nov.

Tax

Accounting Today

JUNE 9, 2025

Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. audit clients are ready to change firms within the next three years, according to an Inflo report.

Tax

Accounting Today

JUNE 6, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Jody Padar, an author and speaker known as "The Radical CPA," and Katie Tolin, a growth strategist for CPAs, together launched a training and technology platform called XcelLabs. Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here.

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. While 85% of firms have embraced cloud platforms, a sizable number still lag behind, missing out on benefits such as easier data access from anywhere (40%) and enhanced security (36%).

Corporation Tax

Accounting Today

JUNE 16, 2025

This current business environment — exacerbated by economic uncertainty, fee pressures and the ongoing CPA talent shortage — is exposing the growing cracks in the traditional accounting model. Paul Peterson Managing partner and CEO, Wiss For reprint and licensing requests for this article, click here. It drives results.

Corporation Tax

Accounting Today

JULY 23, 2025

Joep Leussink Head of growth, AddEvent For reprint and licensing requests for this article, click here. By Michael Cohn July 22 Audit PCAOB revokes Hong Kong firm's registration The Public Company Accounting Oversight Board sanctioned Centurion ZD CPA & Co. billion, threatening taxpayer service and enforcement.

Corporation Tax

Accounting Today

JUNE 9, 2025

To start, ownership in a CPA firm is more expensive today than it ever has been. credentialed CPAs in America) and demand (i.e., total addressable market), the well-documented conclusions are: 75% of todays CPAs will have retired in the next decade; and, Revenue per CPA is projected to 2.7x Heres a crash course.

Accounting

Accounting Today

JUNE 11, 2025

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. Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

JUNE 5, 2025

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. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Washington, D.C.:

Tax

Accounting Today

JULY 28, 2025

so the talent pool is shrinking and both the public and the private sectors are fighting for the same CPA and the same talent. Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. Weve gone from over 2 million accountants down to 1.8

Auditing

Accounting Today

JULY 17, 2025

Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn 31m ago Practice management On the move: Whitley Penn names global talent partner Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co. In the U.S.,

Corporation Tax

Accounting Today

JULY 16, 2025

In May, Armanino expanded into Utah by adding Cooper Savas LLC , a CPA firm based in Salt Lake City. In 2023, it acquired New York-based Janover ; Bemel, Ross & Avedon LLP , a Los Angeles-based business management firm; and two entertainment-oriented firms , Royalty Compliance Organization, a music rights and royalty auditing firm in St.

Corporation Tax

Accounting Today

JULY 17, 2025

As is common with PE deals, Sax will restructure to accommodate the investment, providing attest services through Sax LLP, a licensed CPA firm, and advisory, consulting and other professional services through Sax Advisory Group. Sax is in discussions with three other CPA firms and three wealth management firms. billion fund. "I

Corporation Tax

CapActix

FEBRUARY 7, 2025

Moreover, if you are a CPA or an accountant working for clients and preparing taxes for them, then you better not wait till the last moment. You know what, just a small mistake can lead to penalties, delays, or even an audit. Certainly, it is difficult to go through all the errors within this article.

Tax

Accounting Today

JULY 17, 2025

Paige Hagy Reporter twitter mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn 31m ago Practice management On the move: Whitley Penn names global talent partner Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co.

Corporation Tax

Jetpack Workflow

JULY 9, 2025

Want to learn more about how to develop consistent CPA pipeline? The Best Accounting Podcasts (Packed With Great Episodes) Here are some of the best accounting podcasts to queue up – whether you’re studying for your CPA exam or growing your own firm. The best podcasts give all sorts of practical insights into practice management.

Accounting

Jetpack Workflow

JUNE 11, 2025

The Growing Virtual Assistant Trend in Accounting Thanks to the rise of remote work, VAs are more accessible than ever before – for both small CPA firms and solo CPAs. Usually, it’s because the CPA expected their “spreadsheet and sticky note” workflow system to scale up with new team members.

CPA

Accounting Today

JULY 21, 2025

Paramus, New Jersey: CPA Ofer Gabbay has pleaded guilty to conspiring to defraud the U.S. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Rodriguez, who pleaded guilty in October, was also sentenced to a year of supervised release and ordered to pay $66,112 in restitution to the IRS.

Tax

Accounting Today

JULY 24, 2025

Disclaimer: The author receives no compensation or promotional consideration from the products and services mentioned in this article.) If an online shipping company can inject that much personality into something as mundane as postage, whats stopping CPA firms from doing the same? Here are five ways CPA firms can embrace that idea: 1.

Corporation Tax

Accounting Today

JUNE 9, 2025

The inspection rules were written 20 years ago, and when we talk about audit transformation, we need to make sure those inspections match up with what were doing," he added. Daniel Hood Editor-in-chief, Accounting Today twitter mailto linkedin For reprint and licensing requests for this article, click here. 3, Private equity.

Accounting

Accounting Today

JUNE 24, 2025

Christine Kuglin Director, Truth in Accounting Project, University of Denver For reprint and licensing requests for this article, click here. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

Accounting

Accounting Today

JULY 1, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits. The federal government spends hundreds of millions of dollars each year on financial audits.

Auditing

Accounting Today

JULY 2, 2025

TaxProf Blog ( [link] ): A recent article examines the fundamental flaws in IRC Sec. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy July 2 Like what you see?

Corporation Tax

Accounting Today

JULY 28, 2025

AIR closing agreements allow resolved issues to apply across all filed return years in the current audit cycle. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Stronger review of FTS denials.

Corporation Tax

Accounting Today

JULY 2, 2025

Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov.

Billing

Accounting Today

JUNE 24, 2025

AICPA & CIMA Insights ( [link] ): Congratulations to Chi Lam, CPA, MBA, a Ph.D. Trout CPA ( [link] ): How taxes and many other considerations figure into valuations for owners of trucking businesses. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.

Corporation Tax

Accounting Today

JULY 1, 2025

Michael Cohn Editor-in-chief, AccountingToday.com twitter mailto linkedin For reprint and licensing requests for this article, click here. Implementation support resources, including staff questions and answers, can be found on the IESBA website. By Paige Hagy 8h ago Like what you see?

Tax

Accounting Today

JULY 17, 2025

Bartlett, Pringle & Wolf BeachFleischman Berndt CPA BGW Blackman & Sloop Advisors Bland Garvey Blueprint CFO BMSS Family Of Companies Booth Management Consulting Bormel, Grice & Huyett Bowman and Co. Brown Plus C&D Cg Tax, Audit & Advisory Clark, Raymond & Co. Boyer & Ritter Bregante + Co. a Springline Co.

Corporation Tax

Accounting Today

JULY 2, 2025

Establishing a robust accounts payable audit trail is also made more efficient through the adoption of a digital payment system. Romina Muhametaj Senior director, Medius For reprint and licensing requests for this article, click here. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan.

Corporation Tax

Accounting Today

JULY 7, 2025

His generosity and his desire to help his fellow CPAs and accountants are prime examples of what make accounting great. Daniel Hood Editor-in-chief, Accounting Today twitter mailto linkedin For reprint and licensing requests for this article, click here. Read more: See a selection of Eds top columns. )

Accounting

Accounting Today

JULY 8, 2025

Read more: " Tax Strategy: Inside the Senate version of the OBBBA. ") "The new law has both temporary changes and permanent changes," said Miklos Ringbauer, founder of Miklos CPA in Southern California. Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here.

Billing

Accounting Today

JUNE 10, 2025

101, "Compensated Absences," now effective for fiscal years ending June 30, 2025, and subject to audit. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here. Trovato wonders how difficult the Tax Court exam for non-attorneys should be. Yeo & Yeo ( [link] ): A look at GASB Statement No.

Corporation Tax