Accounting August 9, 2024
FASB Issues 2024 Investor Outreach Report
Priorities include projects that address disaggregation of financial reporting information; income tax disclosures; accounting for environmental, social, and ...
Firm Management August 8, 2024
CohnReznick Earns Three Global M&A Network Awards
This award was established to recognize the best value-creating deals, outstanding firms, top dealmakers-leaders from the small, lower to middle-market segments from coast to coast.
Taxes August 7, 2024
Tax Pros Now Required to Use Multi-Factor Authentication to Protect Client Data
Tax pros should always enable MFA within tax software products and cloud storage services containing sensitive client data, and they should never share usernames.
Taxes August 7, 2024
Taxpayers Claimed $8 Billion in Inflation Reduction Act Tax Credits for Clean Energy and Efficient Home Improvements
The Inflation Reduction Act, or IRA, extended and expanded tax credits PDF that allow taxpayers to claim residential and energy efficient home energy credits.
Accounting August 7, 2024
Vertex Acquires ecosio To Accelerate Global E-Invoicing Compliance
The combined solution will aid companies in overcoming obstacles to geographic expansion and improve the efficiency of their compliance and reporting operations.
August 7, 2024
Americans Taking Longer Weekend Trips, Spending More in 2024
Between May and September, seven in ten (73%) Americans will travel away from home for at least one night, promising a busy summer travel season this year.
Technology August 7, 2024
C-Level Execs Prioritizing Ethics when Implementing AI, Says Deloitte Study
Survey findings point to a human-first approach to regulation, with leaders largely focused on empowering their workforce with the right skills to ensure AI is used responsibly.
Small Business August 7, 2024
Wipfli Report Shows New Trends and Insights in Outsourcing
The 2024 Outsourcing Report provides an in-depth analysis of outsourcing trends based on a comprehensive survey of 360 C-suite leaders.
Artificial Intelligence August 6, 2024
TaxDome Launches Industry-First AI System to Transform Client Document Management in Time for Tax Season
TaxDome's AI-powered features address core issues faced by tax professionals, including the disorganization of client workpapers, time-consuming manual document management, and the inefficiencies caused by non-descriptive file names.
Firm Management August 6, 2024
Cherry Bekaert Acquires Kerr Consulting
The acquisition will position Cherry Bekaert as one of the largest Sage providers in the United States and further bolster the technology component and industry expansion efforts of its national outsourced accounting practice.
Firm Management August 6, 2024
CohnReznick Forms Alliance with Tipalti
By leveraging the Tipalti platform, CohnReznick will help its clients employ accounts payable and mass payments automation, integrated and branded payee portals, and proactive fraud prevention to streamline and secure global payment processes.
Accounting August 6, 2024
MassCPAs Hosts 21 High School Students for Summer Accounting Careers Exploratory (ACE)
This year’s program brought together 21 students from 13 high schools across Massachusetts, representing backgrounds typically underrepresented in the field. Enhancing the experience, the program featured an immersive residential stay on-campus.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
