Accounting and tax articles, news, products, podcasts, and videos from CPA Practice Advisor
Top News
April 23, 2025
Bill Adds New Features for Procurement, AP, AR, Spend Management and Other Functions
Bill, the maker of a cloud-based management system for small and midsize businesses (SMBs), has added new procurement capabilities and several other meaningful innovations to help businesses and accountants take control of their cash flow.
Accounting April 23, 2025
AuditFile Launches New AI Audit Agents Feature
The AI Audit Agents autonomously plan, execute, and follow up on audit tasks, while keeping the human auditor in control with real-time approvals and feedback.
Taxes April 23, 2025
Ex-Treasury Secretary Says Trump ‘Attack’ on IRS Risks $1 Trillion Revenue Hit
Lawrence Summers said that the Trump administration’s moves to downsize the IRS, along with other changes, are likely to incentivize reduced tax-payment compliance.
Tax News
Taxes April 23, 2025
Ex-Treasury Secretary Says Trump ‘Attack’ on IRS Risks $1 Trillion Revenue Hit
Lawrence Summers said that the Trump administration’s moves to downsize the IRS, along with other changes, are likely to incentivize reduced tax-payment compliance.
Taxes April 22, 2025
California Could Give Tax Credit to Businesses for Cleaning Up After Homeless
Sacramento Assemblywoman Stephanie Nguyen, D-Elk Grove, highlighted a new bill this week that would give a tax credit to business owners who say they have to spend money cleaning up after people who camp out on or near their properties.
Taxes April 22, 2025
Millionaire Tax Would Generate About $400 Billion in Revenue
A Republican proposal to tax income over $1 million at a 40% rate could generate around $400 billion over a decade, according to estimates from the Budget Lab at Yale and the Tax Foundation.
Accounting News
April 23, 2025
Bill Adds New Features for Procurement, AP, AR, Spend Management and Other Functions
Bill, the maker of a cloud-based management system for small and midsize businesses (SMBs), has added new procurement capabilities and several other meaningful innovations to help businesses and accountants take control of their cash flow.
Accounting April 23, 2025
AuditFile Launches New AI Audit Agents Feature
The AI Audit Agents autonomously plan, execute, and follow up on audit tasks, while keeping the human auditor in control with real-time approvals and feedback.
Auditing April 22, 2025
PCAOB Punishes NYC-Based CPA Firm and Managing Partner For ‘Substandard Audit Work,’ QC Violations
Accounting firm Adeptus Partners was fined $75,000 and managing partner Howard Krant was sanctioned $50,000 on April 22 for breaking the rules during the audits of two technology companies.
Payroll News
Payroll April 22, 2025
Tariffs Could Cost the Average American Household $3,800 per Year, Says Yale Study
Here’s what you need to know about how tariffs will affect your finances and practical strategies to prepare your budget and savings.
Payroll April 22, 2025
AICPA Survey Shows Americans are Cutting Costs and Delaying Major Purchases Amid Recession Fears
More than one third of American adults have felt cautious (37%) or uncertain (36%) about their financial situation in the past 12 months.
Payroll April 22, 2025
What Salary Do You Need to Be Considered Upper-Middle Class in Your State?
GOBankingRates was able to determine what the upper-middle-class income ranges look like in every state by sourcing each state’s median household income from the 2023 American Community Survey conducted by the U.S. Census Bureau.
Technology News
Accounting April 23, 2025
AuditFile Launches New AI Audit Agents Feature
The AI Audit Agents autonomously plan, execute, and follow up on audit tasks, while keeping the human auditor in control with real-time approvals and feedback.
Accounting April 22, 2025
PwC and Google Cloud to Advance Strategic Alliance Deal to Transform Tax Compliance Services
The collaboration will leverage Google Cloud's broad AI and agentic AI abilities to increase the value that heads of rax and finance functions can deliver to their stakeholders.
Accounting May 19, 2025 Sponsored
May 19 CPE Webcast: Emerging Technology for an Efficient Audit
Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?
Firm Management News
Firm Management April 21, 2025
Baker Tilly/Moss Adams Union is Happening
The megamerger between the two top 15 accounting firms, which was announced April 21, would likely put Baker Tilly into the top six firms in the U.S. by revenue. The deal is expected to close in early June.
Accounting April 18, 2025
Indiana Becomes Latest State to Reform CPA Licensure Rules
Governor Michael Braun (R) signed HEA 1143 into law on April 16, 2025, making Indiana one of the first 10 states to adopt an additional pathway to CPA licensure.
Accounting May 19, 2025 Sponsored
May 19 CPE Webcast: Emerging Technology for an Efficient Audit
Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?
Firm Management April 18, 2025
Review and Interview with SafeSend – The Accounting Technology Lab Podcast – April 2025
In this video and podcast, Randy Johnston and Brian Tankersley, CPA, discuss Thomson Reuters SafeSend. Watch the video, listen to the audio podcast below, or read the transcript.
Webinars
May 19, 2025
May 19 CPE Webcast: Emerging Technology for an Efficient Audit
Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?
March 19, 2025
LeaseCrunch to Host Webinar on Financial Due Diligence in M&A
The webcast will share practical strategies for streamlining financial due diligence workflows, especially through automation.
March 26, 2025
Archived Webcast: Helping Clients Set Up Their Remote Employees
Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in these situations.
February 26, 2025
Archived Webcast: S Corporation Election Considerations for Corporations and LLCs
S Corporation elections are popular among Corporation and LLC owners due to various advantages. With the election deadline approaching in March, it is a great time to get refreshed on this popular election to help advise your clients.