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Top News
State CPA Societies May 6, 2026
State CPA Society News & Updates – May 2026
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Taxes May 5, 2026
Billionaires Pour Millions Into Ballot Fight Over California Wealth Tax
Fighting against the tax proposal is a who’s-who of billionaires, including Google co-founder Sergey Brin, who has given another $9 million to the group leading the battle, pushing his total spending to $66 million.
Small Business May 5, 2026
Xero Introduces ‘Xero Coaches’ to Help Small Businesses Turn Data Into Decisions
Xero Coaches provides small businesses with onboarding support to help set up their accounts, streamline financial workflows, and gain clearer insight into their ongoing financial performance.
Technology May 5, 2026
Suralink Unveils Workpaper Suite Intelligence
Workpaper Suite Intelligence is a new set of capabilities within Suralink Workpaper Suite designed to improve how audit and engagement teams turn raw client data into completed workpapers.
Taxes May 5, 2026
The R&D Tax Credit Window Is Closing: What CPAs Must Do Before July 6—and What Comes Next
Between now and July 6, firms have a narrow window to help eligible businesses revisit their R&D tax credit claims for prior years.
Accounting Standards May 5, 2026
AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking
To address growing demand for clarity and consistency in stablecoin reporting, the AICPA released the 2025 Criteria for Stablecoin Reporting in two parts.
Technology May 5, 2026
Billtrust Launches Buyer Payment Portal and Cash Forecast
Billtrust's latest innovations address both challenges by directly connecting buyer payment behavior to cash flow intelligence.
Technology May 5, 2026
Your Tech Stack Isn’t the Problem – Your Architecture Is
The problem is how those tools relate to each other and to your firm’s strategy, workflows and people.
Tax News
Taxes May 5, 2026
Billionaires Pour Millions Into Ballot Fight Over California Wealth Tax
Fighting against the tax proposal is a who’s-who of billionaires, including Google co-founder Sergey Brin, who has given another $9 million to the group leading the battle, pushing his total spending to $66 million.
Taxes May 5, 2026
The R&D Tax Credit Window Is Closing: What CPAs Must Do Before July 6—and What Comes Next
Between now and July 6, firms have a narrow window to help eligible businesses revisit their R&D tax credit claims for prior years.
Taxes May 4, 2026
Is That IRS Tax Refund Notice Asking for Your Bank Account Real or Fake?
In his 22 years of doing taxes, Miami-area accountant Marcell Hetenyi said he never saw a letter like the one sent to some of his clients by snail mail.
Taxes May 4, 2026
Ohio Doctor Famous for Saying COVID-19 Vaccine Caused People to Become Magnetized Owes $698,000 in Back Taxes
Sherri Tenpenny must pay back taxes for 2001, 2012 and 2013, along with penalties and interest, U.S. District Judge J. Philip Calabrese ruled last month.
Taxes May 4, 2026
Trump Touts ‘Golden Age’ for Seniors During Florida Rally
President Donald Trump came to the friendly territory of Florida’s retirement haven Friday for his first public event since an alleged assassination attempt against him, touting tax cuts for seniors and parading Dr. Phil on stage.
IRS May 4, 2026
Feds Say Ex-IRS Agent Embezzled Over $12 Million
Robert M. McCloughy, 43, of Carlstadt, NJ, was charged with wire fraud and two counts of engaging in monetary transactions involving criminally derived property, the U.S. Attorney's Office District of New Jersey announced on May 1.
Taxes May 4, 2026
Senate Democrat Targets Tax-Dodging Trusts Worth Over $50 Million with New Bill
New legislation from Sen. Patty Murray (D-WA) targets a legal loophole that lets the wealthiest Americans avoid paying taxes on money they pass down to their heirs.
Taxes May 1, 2026
Tax Season Survival Index Measures the Human Cost of Tax Season on Professionals
The TSSI measures the cost to sleep, to health, to relationships, and to the professionals who run the engine of public accounting.
Accounting News
State CPA Societies May 6, 2026
State CPA Society News & Updates – May 2026
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Small Business May 5, 2026
Xero Introduces ‘Xero Coaches’ to Help Small Businesses Turn Data Into Decisions
Xero Coaches provides small businesses with onboarding support to help set up their accounts, streamline financial workflows, and gain clearer insight into their ongoing financial performance.
Technology May 5, 2026
Suralink Unveils Workpaper Suite Intelligence
Workpaper Suite Intelligence is a new set of capabilities within Suralink Workpaper Suite designed to improve how audit and engagement teams turn raw client data into completed workpapers.
Accounting Standards May 5, 2026
AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking
To address growing demand for clarity and consistency in stablecoin reporting, the AICPA released the 2025 Criteria for Stablecoin Reporting in two parts.
Technology May 5, 2026
Karbon Opens ‘The Loft,’ an Online Community and Training Platform for Accountants
The Loft is a professional community and training platform designed to help accountants and bookkeepers master artificial intelligence through peer collaboration and hands-on education.
Risk Management May 5, 2026
COSO Releases Guidance on Enterprise Risk Management
New research from the Committee of Sponsoring Organizations of the Treadway Commission outlines practical steps for moving enterprise risk management from documentation to action.
Accounting May 5, 2026
Professionals on the Move – May 2026 Part 1
Professionals on the move is a collection of recent hiring, promotion, awards, and leadership changes from around the profession.
SEC May 5, 2026
Musk Agrees to Pay $1.5 Million over SEC Twitter Stake Case
Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company.
Payroll News
Payroll May 4, 2026
Payroll Pulse: AI, the Payroll Ledger, and the Real Meaning of ‘Touchless Payroll’
Artificial intelligence is moving rapidly into payroll systems, often marketed as the next step toward “touchless” processing.
Technology May 4, 2026
Karbon Announces New Gusto Integration for Payroll Workflows
The integration, now available in beta, auto-creates payroll work items in Karbon with synced due dates from Gusto’s pay schedule, tracks approvals and client tasks in real time, and surfaces payroll deadlines alongside the rest of an accounting firm’s work.
Taxes May 4, 2026
Trump Touts ‘Golden Age’ for Seniors During Florida Rally
President Donald Trump came to the friendly territory of Florida’s retirement haven Friday for his first public event since an alleged assassination attempt against him, touting tax cuts for seniors and parading Dr. Phil on stage.
Benefits May 4, 2026
Senate Democrats Release Report on Social Security Cuts
A recent report from Senate Democrats is warning Americans that changes to the Social Security Administration are making it “harder for Americans to get their benefits.”
Small Business May 2, 2026
If You Have a Flight Booked on Spirit Airlines … No You Don’t – Spirit Shuts Down Operations
Jet Blue, another discount carrier that had a deal to merge with the financially troubled Spirit, offered to assist passengers affected by the shutdown.
Economy May 1, 2026
Gas Prices in Great Lakes Region Jump by 84 Cents Per Gallon in One Day
Gas prices started Wednesday under $4 a gallon and then jumped twice, Gas Buddy Head of Petroleum Analysis Patrick De Haan said. It was a "double spike day."
Benefits May 1, 2026
Taxes on Social Security Benefits Vary Depending on Many Factors
Tahlequah, OH-based CPA Anthony Hughes said many taxpayers do not understand how taxes and Social Security benefits work, and it keeps coming up when they file their returns.
Payroll May 1, 2026
U.S. Jobless Claims Sink to 189,000, Lowest Since 1969
Applications for U.S. unemployment benefits plunged to the lowest level in decades, a sign that job-cut announcements have not yet meaningfully translated into layoffs.
Technology News
Small Business May 5, 2026
Xero Introduces ‘Xero Coaches’ to Help Small Businesses Turn Data Into Decisions
Xero Coaches provides small businesses with onboarding support to help set up their accounts, streamline financial workflows, and gain clearer insight into their ongoing financial performance.
Technology May 5, 2026
Suralink Unveils Workpaper Suite Intelligence
Workpaper Suite Intelligence is a new set of capabilities within Suralink Workpaper Suite designed to improve how audit and engagement teams turn raw client data into completed workpapers.
Technology May 5, 2026
Billtrust Launches Buyer Payment Portal and Cash Forecast
Billtrust's latest innovations address both challenges by directly connecting buyer payment behavior to cash flow intelligence.
Technology May 5, 2026
Your Tech Stack Isn’t the Problem – Your Architecture Is
The problem is how those tools relate to each other and to your firm’s strategy, workflows and people.
Technology May 5, 2026
Karbon Opens ‘The Loft,’ an Online Community and Training Platform for Accountants
The Loft is a professional community and training platform designed to help accountants and bookkeepers master artificial intelligence through peer collaboration and hands-on education.
Artificial Intelligence May 5, 2026
The AI Audit Your Firm Hasn’t Done: Hidden Costs That Could Hit Your Bottom Line
The potential hidden costs of AI in accounting firms are real, material, and worth a careful assessment.
Technology May 5, 2026
Zuora Achieves ISO/IEC 42001 Certification
Zuora, a monetization platform for businesses, announced on May 4 it has achieved ISO/IEC 42001 certification, the international standard for artificial intelligence management systems.
Payroll May 4, 2026
Payroll Pulse: AI, the Payroll Ledger, and the Real Meaning of ‘Touchless Payroll’
Artificial intelligence is moving rapidly into payroll systems, often marketed as the next step toward “touchless” processing.
Firm Management News
Accounting Standards May 5, 2026
AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking
To address growing demand for clarity and consistency in stablecoin reporting, the AICPA released the 2025 Criteria for Stablecoin Reporting in two parts.
Technology May 5, 2026
Your Tech Stack Isn’t the Problem – Your Architecture Is
The problem is how those tools relate to each other and to your firm’s strategy, workflows and people.
Accounting May 4, 2026
AICPA News – May 2026
AICPA News is a roundup of recent announcements from the American Institute of CPAs.
Firm Management May 4, 2026
7 Phrases Every CPA Leader Should Listen for in M&A Talks
Doing so positions both firms for a smoother transition and a stronger, more successful future together.
Mergers and Acquisitions May 4, 2026
Frazier & Deeter Acquires Copeland Buhl in Minnesota
Top 50 firm Frazier & Deeter said May 4 it has acquired Copeland Buhl, an accounting and advisory firm in the Minneapolis area, marking its first expansion into the Midwest.
Firm Management May 4, 2026
AI Adoption in CPA Firms: Benefits, Challenges and Best Practices for Leaders
Realizing the benefits of AI use depends less on how quickly firms can adopt new capabilities and more on how they put them to work with structure, purpose and oversight.
Taxes May 1, 2026
Tax Season Survival Index Measures the Human Cost of Tax Season on Professionals
The TSSI measures the cost to sleep, to health, to relationships, and to the professionals who run the engine of public accounting.
Mergers and Acquisitions May 1, 2026
Sikich Buys Consulting Firm Jefferson Wells U.S. From ManpowerGroup in $100 Million Deal
The top 25 accounting firm has acquired Milwaukee-based consultancy Jefferson Wells U.S. from global workforce solutions company ManpowerGroup in a deal valued at $100 million.
Webinars
March 26, 2026
Archived Webinar: Becoming a Modern Firm: The 5 Stages of Development
What separates high-performing, future-ready accounting firms from those struggling to keep up?
May 6, 2026
CPE Webinar: Building economic resilience: How accounting firms can stay profitable when markets shift
Markets shift. Expenses creep up. Clients slow payments. And suddenly, “we’re busy” doesn’t always mean “we’re profitable.” In this 60-minute conversation, CPA Kelley Brubaker breaks down what economic resilience really looks like inside today’s accounting firms, and how leaders can stay profitable even when markets feel uncertain.
January 20, 2026
Archived Webinar: The Psychology of a Modern Tax Workflow: Reducing Anxiety, Decision Fatigue, and Compliance Risk
Most firms focus on efficiency, automation, and AI, but the real challenges inside a tax workflow are often simpler and more human: unclear expectations, too many handoffs, information scattered across tools, and clients or staff feeling unsure about what comes next.
January 5, 2026
Archived Webcast: Master Filing Amended and Superseded Returns on Form 1040-X
Filing corrected returns can be confusing—but it doesn’t have to be. Join Amanda Watson, EA, for a practical session designed to help you confidently navigate amended and superseded returns.