Why Companies Are Turning to Smaller, Leaner Teams
Companies are shifting from headcount‑driven growth to lean, high‑performing teams. Eric Carrell, CEO of Dofollow.com, explains that coordination costs explode as teams grow, eroding productivity. Small teams deliver faster outcomes because members own results and can leverage AI and automation. The new competitive edge is measured by output per employee rather than sheer staff size.
The Impact of Caregiving on Talent and Leadership in CPA Firms
The Accounting MOVE Project has launched its 2026 study, titled “Caught in the Middle,” to examine how caregiving responsibilities affect mid‑career accountants, especially women, and the firm’s leadership pipeline. Prior data showed 63% of firms list burnout as their top...
3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier
Approximately 70 million Americans now hold cryptocurrency, yet only half understand its tax obligations. The IRS is tightening enforcement, and starting in 2027 centralized exchanges will be required to report cost‑basis data directly to the agency. Andrew Duca of Awaken Tax...
IRS Extends Tax Filing Deadline for Washington Residents Impacted by December 2025 Floods
The IRS announced an automatic filing deadline extension to May 1, 2026 for individuals and businesses in 15 Washington counties hit by December 2025 floods, landslides and windstorms. The relief covers federal income returns, IRA and HSA contributions, payroll, and certain excise...
Uber Has Launched an All-Out Pressure Campaign to Oppose Philadelphia Mayor’s $1-Per-Ride Tax
Uber has launched a city‑wide pressure campaign to block Philadelphia Mayor Cherelle Parker's proposed $1‑per‑ride tax. The tax, projected to raise about $48 million annually for the school district, would sit atop the existing 1.4% rideshare levy. Uber is mobilizing riders...
Juno Raises $12M Seed to Scale AI Tax Preparation Platform that Automates 90% of Busy Work
Juno announced a $12 million seed round led by Bonfire Ventures to expand its AI‑driven tax‑prep platform. The solution automates about 90% of data entry across more than 92 document types, cutting preparation time by roughly half while keeping a CPA...
IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction
The Treasury and IRS issued final regulations defining which occupations qualify for the “no tax on tips” provision of the One Big Beautiful Bill Act (OBBBA). The rules, finalized after a public comment period, enumerate more than 70 tip‑eligible jobs...
Why Fraud Keeps Slipping Through Local Government Oversight
Recent New York cases— a former state auditor siphoning $405,000 from Wallkill and a former mayor falsifying time sheets in Dannemora— underscore how occupational fraud thrives in small government and nonprofit entities. The Association of Certified Fraud Examiners reports median...
Nick Pasquarosa, MST – “20 Under 40” Accounting Influencer
Nick Pasquarosa was named a 2025 “20 Under 40” accounting influencer and serves as Founder and CEO of Bookkeeper360. Over the past year he launched a new web and mobile app and introduced BOLT, an AI‑powered virtual CFO platform that...
BILL Expands Supplier Payments Plus Solution
BILL announced an expansion of its Supplier Payments Plus platform, adding automated card straight‑through processing, intelligent payment preferences, payment links, off‑network digitization, and a unified dashboard. The new features combine payment orchestration, routing, remittance capture, reconciliation and settlement controls into a...
Google Yourself Before Applying: Expert Reveals What Recruiters Really Find
Recruiters now Google candidates within minutes of receiving a resume, using the first‑page results to confirm or contradict the information presented. Inconsistent job titles, outdated bios, abandoned side projects, and past social‑media missteps are flagged as red flags that can eliminate...
Don’t Ask, Don’t Tell: Mental Health Remains the Last Workplace Taboo
Mental health remains the most uncomfortable topic for employees, with just 61% feeling safe to discuss it at work, according to recent survey data. Over one‑third of workers report that job demands have actively harmed their mental well‑being, and nearly...
Aspire Brings Its Financial Platform for Startups to the U.S.
Singapore‑based fintech Aspire announced its official launch in the United States, extending its AI‑driven financial operating system to America’s startup ecosystem. The platform, already serving more than 50,000 businesses worldwide, combines multi‑currency accounts, foreign‑exchange, payroll, spend management and real‑time controls...
Suralink Launches Financial Statement Tie Out, Redefining the Final Mile of the Audit
Suralink has introduced Financial Statement Tie Out, an AI‑powered tool that automates the final audit verification step. The solution checks mathematical accuracy, internal consistency, prior‑year alignment and version differences, replacing labor‑intensive manual reviews. By embedding the feature into its existing...
Study: 72% of Employees Believe RTO Is a ‘Stealth Layoff’ Tool
Enhancv’s new Return‑to‑Office (RTO) Stealth Layoff Study of 1,000 U.S. full‑time employees finds that 72% suspect RTO policies are a covert strategy to force voluntary attrition. Nearly half (46%) admit to “coffee badging,” briefly checking in before resuming remote work,...
AI Slop Survey: A Third of Workers Rarely Check AI Output Before Using It
Resume Now’s AI Oversight Gap Report, based on a survey of 1,012 U.S. workers, finds that 35% rarely or only occasionally review AI‑generated output before using it. More than half (52%) say AI plays a role in their weekly tasks,...
Illinois CPA Society and Miles Masterclass Partner for AI Readiness in the Accounting Profession
The Illinois CPA Society (ICPAS) has partnered with Miles Masterclass to launch AI‑focused continuing education for accountants. The program delivers NASBA‑approved CPE through a mobile‑first platform featuring micro‑learning reels, masterclasses, and real‑world AI workflows. A three‑level AI in Accounting Framework...
25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk
The 2025 tax season brings the new OBBBA provisions, which add roughly $4,000 in average tax cuts per filer when both individual and business benefits are combined. While software automatically captures standard deductions and the Child Tax Credit, it misses...
Vertex Adds AI-Powered Capabilities to Improve Enterprises’ Compliance
Vertex announced a new phase of its innovation strategy, embedding AI directly into the Vertex Cloud platform to streamline enterprise compliance. The AI layer lets tax, finance and IT teams express intent in plain language, detect anomalies early, and maintain...
How Millennial and Gen Z Entrepreneurs Are Maximizing 2025 Tax Savings
Millennial and Gen Z entrepreneurs are turning tax planning into a proactive growth tool, using AI-driven loss harvesting and real‑time accounting to cut liabilities before year‑end. They favor S‑corporations or LLCs taxed as S‑corps to lower self‑employment taxes and gain pass‑through...
Digits Announces Outcome-Based Pricing for Accounting Firms
Digits, the AI‑native accounting platform, launched an outcome‑based pricing model that charges firms only when it achieves at least 95% zero‑touch transaction automation. The model ties Digits’ revenue to measurable reductions in manual work, letting firms pay solely for proven...
Why Your People Managers Are the Weakest Link in Learning and Development
Career development is now a strategic priority, yet LinkedIn’s Workplace Learning Report finds that 50% of organizations view managers as the biggest barrier because they lack support. Managers juggle performance, delivery, and people duties, leaving little time for structured career...
Weaver Acquires SaaS Company Mass Ingenuity
Weaver, one of the nation’s top 30 accounting firms, announced the acquisition of Portland‑based SaaS provider Mass Ingenuity effective April 1. The deal brings Mass Ingenuity’s Results Software platform and related intellectual property under Weaver’s umbrella, while the business will continue...
Why CPA Firms Risk Losing Influence Before the First Conversation
CPA firms face a new competitive threat as AI‑driven answer engines now dominate how prospective clients discover accounting, tax and advisory services. Research shows nearly 60 percent of Google searches end without a click and overall search volume has dropped 20 percent,...
AICPA News – April 2026
The American Institute of CPAs (AICPA) announced strong support for the bipartisan Taxpayer Assistance and Service (TAS) Act, a 63‑provision bill aimed at modernizing IRS operations, including digitizing returns and expanding online services. It also requested the IRS grant penalty...
Professionals on the Move – April 2026 – Part 1
April 2026 saw a wave of senior appointments across the U.S. accounting sector. Kaufman Rossin announced CFO Marc Feigelson will become CEO in June, underscoring its commitment to independence. CohnReznick bolstered its advisory platform by hiring Deirdre Cronin, Nicholas Papke...
Cybersecurity Expert: Why Your Business Needs This One Thing That 62% of Companies Already Have
AI‑driven phishing, deepfake voice scams and ransomware are accelerating, pushing cyber risk to the forefront of boardrooms. A new Heimdal Security report shows 62% of companies now carry cyber‑insurance, up from 49% a year earlier, and the global market reached...
The Franken-Stack Effect: Is Your Firm’s Technology Stack Slowing You Down?
The 2025 Accountant Technology Survey shows accounting firms are mired in a “Franken‑stack” of roughly eight disparate tools, creating data silos and manual‑entry pain. Forty‑one percent of firms report integration‑related inefficiencies, while 66% feel weekly technology complexity burdens staff. Only...
Fortune’s 2026 ‘100 Best Companies to Work For’ Includes Several Accounting Firms
Fortune released its 2026 “100 Best Companies to Work For” list on April 1, highlighting six accounting firms—Plante Moran, Deloitte, EY, PwC, KPMG and BDO USA. Plante Moran earned the highest accounting‑firm rank at #15, marking its 28th consecutive appearance, while...
Opinion: IRS Instability Could Complicate Tax Season for Businesses
The Treasury Inspector General warned that IRS capacity is uncertain as it tackles a massive modernization effort and rising reporting demands. In the 2026 filing season, inventories of unprocessed workstreams have surged, and the transition from the legacy FIRE system...
The Stablecoin Tax Shift: Why Businesses Need a Compliance Roadmap Before 2027
Stablecoins have moved from niche experiments into mainstream corporate use, appearing in cross‑border payments, treasury operations, and vendor settlements. The IRS will require Form 1099‑DA reporting for 2025 transactions and cost‑basis reporting beginning in 2026, while the GENIUS Act establishes reserve...
CLA Adds Tech Advisory Firm Answerport in Wisconsin
CliftonLarsonAllen (CLA) announced the acquisition of Wisconsin‑based tech advisory firm Answerport, marking its first M&A transaction in almost a year. The deal, terms undisclosed, adds Answerport’s expertise in post‑deal IT integration, system carve‑outs, and ongoing operations. Answerport, known for serving...
The CPA’s Guide to Spend Control Advisory
Mid‑market clients often approve invoices via email, purchase without purchase orders, and close books manually, creating significant audit risks. A new white paper provides CPA firms with a practical framework to pinpoint spend‑control gaps, initiate procurement advisory discussions, and develop...
Aprio Acquires CAVU Advisors
Aprio announced the acquisition of CAVU Advisors, a Maryland‑based firm specializing in federal contracting advisory services. The deal adds CAVU’s expertise in Unanet, Deltek, and government‑market operations to Aprio’s integrated platform of accounting, tax, cybersecurity, and legal services. With the...
Kaufman Rossin and Synack Partner to Scale AI-Powered, Continuous Penetration Testing for Regulated Companies
Kaufman Rossin, a top‑50 public accounting and advisory firm, has partnered with Synack, the leader in penetration testing as a service, to deliver AI‑powered, continuous security testing for regulated enterprises. The collaboration blends Kaufman Rossin’s deep cybersecurity advisory expertise with...
Why Claiming Social Security Early Can Reduce Your Retirement Check for Life
Millions of Americans can begin Social Security retirement at age 62, but doing so slashes monthly benefits by roughly 30% for those born in 1960 or later, whose full retirement age is 67. The reduction is permanent and cannot be...
Arax Investment Partners Adds Omni Financial Advisory Group
Arax Investment Partners has acquired Omni Financial Advisory Group, a boutique wealth‑management firm based in Poughkeepsie, New York. Founded over 30 years ago by Gregory Bayer, Omni brings a multi‑generational, high‑net‑worth client base and a reputation for personalized service. The acquisition...
Washington Governor Signs High-Earners Income Tax; Challenges Expected
Washington Governor Bob Ferguson signed Senate Bill 6346, imposing a 9.9% income tax on earnings above $1 million. The levy, slated to begin on 2028 income with payments due in 2029, is projected to generate $3‑4 billion annually and affect roughly 21,000...
Michigan Marijuana Industry Files Second Lawsuit Over 24% Tax
Michigan’s cannabis industry filed a second lawsuit challenging the state’s 24% wholesale tax, arguing it creates a tax‑on‑tax structure that pushes the effective sales tax above the constitutionally capped 6%. The suit, brought by growers, retailers and the Michigan Cannabis...
6 Biggest Cybersecurity Mistakes CEOs Make
A 2025 EY study found 84 % of organizations faced a cyber incident in the past three years, many of which were preventable with stronger leadership. CEOs often treat cybersecurity as a technical checkbox rather than a strategic priority, leading to...
MindBridge Unveils Developer Portal to Support Continuous Financial Oversight
MindBridge announced a new Developer Portal that consolidates API documentation, SDKs, and workflow guides for over 130 endpoints, giving developers a single place to integrate continuous financial oversight into existing enterprise systems. The portal is designed to bridge the "governance...
With Odds of a Recession Going Up, Here Are 5 Things Small Businesses Should Do Now
Moody’s Analytics now sees recession odds edging past 50%, while Goldman Sachs estimates a 30% chance of a downturn in the next year as higher oil prices and a cooling labor market converge. Small businesses, lacking the cash buffers of...
The One Job Interview Question You Should NEVER Answer Honestly
Job security has eroded, with professionals now switching roles every 18‑30 months, yet interviewers still cling to the outdated “Where do you see yourself in five years?” question. Jason Morris, CEO of Profit Engine, warns that answering this literally can...
Compliance Officers Are Experts, Stop Wasting Them on Noise
Compliance teams are drowning in false‑positive alerts generated by blanket mobile‑communication surveillance, a byproduct of post‑Dodd‑Frank regulatory pressure. A 2025 benchmark of over 200 leaders shows firms lose roughly $232,457 each year reviewing irrelevant messages. The overload forces officers to...
What Are the Most Common Income Tax Mistakes of 2026?
Tax Day 2026 is fast approaching, and the Illinois CPA Society warns that simple oversights can derail filings. Common errors include selecting the wrong filing status, misspelling names, entering incorrect Social Security numbers, and omitting income documents. Mistakes in direct‑deposit...
Extend Adds Support for Sage Intacct, Xero, and Microsoft Dynamics 365 Business Central
Extend, an AI‑driven spend and expense platform, announced native integrations with Sage Intacct, Xero and Microsoft Dynamics 365 Business Central, adding to its existing support for QuickBooks and NetSuite. The new ERP connections enable two‑way data synchronization and automated reconciliation, cutting...
House Ways and Means Advances Bill to Allow Tax-Free Settlements for Sexual Assault Survivors
The House Ways and Means Committee unanimously advanced the Survivor Justice Tax Prevention Act, a bill that would make settlement funds for sexual‑assault survivors tax‑free. The legislation removes the current requirement to prove "visible harm" or submit medical records to...
Some States Consider Tax Holidays as Gas Prices Continue to Rise
U.S. gasoline prices climbed to a national average of $3.96 per gallon, up from $3.72 a week earlier, prompting several states to weigh temporary gas tax holidays. Georgia has already suspended its fuel tax, while California, Connecticut, Florida, Maryland and...
Ex-Mayor of Indiana City Appeals Probation Sentence for Obstructing the IRS
Former Portage Mayor James Snyder filed an appeal on Monday to overturn his three‑year probation for obstructing the IRS. The March 10 sentencing required him to repay $78,111.57 in restitution, of which he has already paid $18,000. Prosecutors say Snyder...
Gartner Says CFOs Need to Rethink the ROI of AI Investments
Gartner warns CFOs that AI investments cannot be evaluated with a single ROI formula. Instead, AI should be treated as a diversified portfolio comprising routine productivity tools, targeted process improvements, and transformational initiatives. Each use case carries distinct cost curves,...