Tax Technology & Practice Management

Canada Imposes Significant Tariffs on Hundreds of U.S. Products in Escalating Trade Dispute

Canada is poised to impose tariffs of 15% to 50% on hundreds of products from the U.S. on Tuesday, a move Prime Minister Mark Carney believes will strengthen Ottawa’s negotiating…

Beyond the Annual Checkbox: Unlocking Advisory Growth Through Proactive Client Intelligence

For years, the accounting profession has largely relegated client surveys to an annual ritual – a perfunctory task of distribution, data compilation, and a brief acknowledgment of client input before…

The Market Paradox: Niche Ownership Ranks Last in CPA Firm Valuations Despite Perceived Value

A preliminary assessment of Certified Public Accounting (CPA) firms utilizing the ten-part TRUE FirmWorth framework has revealed a surprising and counterintuitive finding: niche ownership, long championed as a key driver…

Beyond the Password Reset: A Comprehensive Guide to Recovering Compromised Microsoft 365 and Google Workspace Mailboxes

When a client’s email account is compromised, changing the password and enabling Multi-Factor Authentication (MFA) are critical first steps, but they are far from the complete solution. Attackers often leave…

The True Cost of Owning a Capability: Beyond the Payroll Myth in Professional Services

In the intricate landscape of professional services organizations, the perennial debate of insourcing versus outsourcing a function often commences with a seemingly straightforward query: What is the cost of employing…

Trout CPA Acquires Schiff & Associates, Expanding Dental Advisory Services and Mid-Atlantic Footprint

Lancaster, PA-based Trout CPA, a distinguished firm recognized among the INSIDE Public Accounting Top 200, has officially announced its acquisition of Schiff & Associates, a specialized accounting firm located in…

Former Nonprofit Accountant Arrested for Embezzling Over $54,000 from Youth Development Organization

HEBRON, CT – A former accountant at AHM Youth and Family Services, a local nonprofit dedicated to providing development programs for young people, has been arrested and charged with embezzling…

Professionals on the Move: Accounting Sector Sees Significant Leadership and Expertise Augmentations

The accounting industry continues to experience a dynamic shift in its leadership and advisory ranks, with several prominent firms announcing strategic hires and promotions that bolster their specialized practices. These…

Senator Bernie Moreno Plans Federal Tax to Neutralize State and Local Data Center Incentives

COLUMBUS, Ohio – U.S. Senator Bernie Moreno, an Ohio Republican, announced plans to introduce federal legislation that would effectively eliminate the financial benefits of state and local tax breaks currently…

Treasury Department and IRS Propose Rules to Revoke Tax-Exempt Status for Racially Discriminatory Private Educational Institutions

Proposed regulations issued by the Treasury Department and the Internal Revenue Service (IRS) on Thursday could lead to the revocation of federal tax-exempt status for as many as 18,000 private…