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Latest News & Web Pages
New app allows local firms to swipe right on potential buyers
5+ hour, 33+ min ago (450+ words) With all the M&A activity in public accounting today, buyers and sellers alike will benefit from Cringe, a new agentic AI matchmaking app that surveys potential buyers and sellers on your behalf and constructs responses as if they're from…...
How to protect nonprofits from hidden fraud risks
7+ hour, 31+ min ago (776+ words) Another egregious case that did not receive the same level of media attention resulted in losses exceeding $100 million over 15 years. It involved the Center for Special Needs Trust Administration (CSNT), a Florida NFP that managed funds for individuals with disabilities…...
Considerations for intergenerational split-dollar arrangements
19+ hour, 31+ min ago (1014+ words) Families with significant estate tax exposure may consider intergenerational split-dollar (IGSD) arrangements, where the senior generation loans funds to a trust to purchase life insurance on children for the benefit of grandchildren. An IGSD arrangement is a variation on a…...
April 2026
7+ hour, 31+ min ago (148+ words) Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning. Learn how investors can manage concentrated stock risk with minimal tax impact " and why CPAs should know the options....
Visa launches new AI tools to manage the charge dispute process
6+ hour, 32+ min ago (433+ words) Visa is launching six new tools using artificial intelligence to modernize the process of disputing credit card charges, the company told CNBC exclusively. The digital payments company said the tools are designed to reduce the costs and frustration of "outdated…...
In the blogs: Off to the races
23+ hour, 17+ min ago (160+ words) March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers. Off to the races" Name, image, and likeness Clean up in Aisle 12 Over a million of tax-favored accounts are eligible for a $1,000 contribution by the…...
4M Trump accounts created so far
16+ hour, 56+ min ago (365+ words) Taxpayers have signed up more than 4 million children for tax-favored Trump accounts, according to the Internal Revenue Service, with more than 1 million of them electing for the $1,000 pilot program contribution. The Trump account program was part of the Trump administration's…...
Kenji Kuramoto, founder of Acuity, joins Basis
21+ hour, 20+ min ago (466+ words) Accounting automation solutions platform Basis announced the appointment of Kenji Kuramoto, founder of Georgia-based Acuity, which last year merged with thirteen other firms to form top 50 firm Sorren after he led it for 20 years." Beyond founding Acuity, he is also…...
Boomer's Blueprint: Building a purpose that attracts talent and clients
13+ hour, 15+ min ago (1414+ words) Let me guess what's on your firm's website right now: "We provide quality accounting and tax services to businesses and individuals with integrity and professionalism." Every exponential organization " from Google to high-growth CPA firms " starts with something fundamentally different: a…...
Application of grandfathering rules under Sec. 162(m) to severance plan payments
19+ hour, 31+ min ago (120+ words) Editor: Alexander J. Brosseau, CPA The TCJA changes included, among others: In Example (5), addressing the application of the grandfathering rules to severance arrangements, the facts are the same as Example (4), except that, on Jan. 1, 2019, Corporation X increases Employee A's annual salary…...