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Platform adds two California firms
58+ min ago (270+ words) The Platform Accounting Group, based in Holladay, Utah, was founded in 2015 and acquires small accounting firms. These two transactions mark the 17th and 18th firms in California that are part of the platform. Terms of the deal were not disclosed." Upon joining…...
M&A Watch: Mergers at year's end
3+ hour ago (172+ words) As the year winds to a close, Swindoll, Janzen, Hawk & Loyd announced it is merging in another Kansas firm, BT&Co.; Regional Leader RRBB added the team from Gail Rosen CPA PC in New Jersey; and Ketel Thorstenson expanded in…...
Boomer's Blueprint: The formula for success in today's AI world
3+ hour, 12+ min ago (741+ words) Artificial intelligence is reshaping professions and industries at an unprecedented pace, creating challenges and opportunities for accounting firms and their clients. If managed properly, their relationships and experience provide competitive advantages. The success formula for navigating this transformation is straightforward…...
Millionaire tax plan in Washington State marks growing interest in wealth levies
3+ hour, 15+ min ago (897+ words) When Washington Governor Bob Ferguson proposed the state's first income tax in modern history, he said the word "affordability" five times." Ferguson on Tuesday asked the legislature to craft a 9.9% tax on personal income over $1 million, which would revolutionize a…...
PCAOB names new acting director of enforcement, investigations
5+ hour, 20+ min ago (206+ words) The Public Company Accounting Oversight Board has appointed William Ryan as its new acting director of its Division of Enforcement and Investigations, succeeding Robert Rice, who is retiring at the end of the year. The budget cuts are expected to…...
IRS seeks input on Voluntary Disclosure Practice changes
7+ hour, 43+ min ago (295+ words) The Internal Revenue Service has opened a 90-day public comment period, ending March 22, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty framework." Under the proposed framework, taxpayers who are conditionally approved to participate in the…...
Email, despite complaints, remains ubiquitous
8+ hour, 13+ min ago (172+ words) This is not to say that people don't dislike the well-known negatives about email: 52% of younger workers, for example, still feel stressed by constant email pings, and 92% report productivity impacts from email overload. But at the same time, despite these…...
In the blogs: Generally positive
20+ hour, 17+ min ago (152+ words) Postmarks and donations; tuning up your comp system; please, Santa; and other highlights from our favorite tax bloggers. Make sure the "6" is straight Accounting Today is looking for firms that belong in its prestigious annual rankings of the biggest practices…...
Survey opens for 2026 Top 100 Firms and Regional Leaders
20+ hour, 51+ min ago (290+ words) Accounting Today has begun collecting data for its annual lists of the Top 100 Firms and Regional Leaders, and we're looking for more top-notch accounting firms to include. The two prestigious lists rank the top firms by revenue " both nationwide and…...
Senate Dems question IRS's readiness for tax season
23+ hour, 27+ min ago (496+ words) In a letter to Treasury Secretary and acting Internal Revenue Service commissioner Scott Bessent, 17 Senate Democrats said they have "serious concerns" about the IRS's readiness for the imminent tax season. According to a report by ABC News, the 17 senators, led…...