BGM Expands Northeast Presence with Acquisition of R.L. DePanfilis & Co.

Bloomington, MN-based BGM, a distinguished member of the INSIDE Public Accounting top 200 firms, has significantly bolstered its footprint in the Northeast region through the strategic acquisition of R.L. DePanfilis…

Grand Prairie Bookkeeper Indicted on Federal Fraud and Identity Theft Charges for Allegedly Stealing Over $1.2 Million from Elderly Couple

A Grand Prairie, Texas, bookkeeper has been indicted on federal fraud and identity theft charges, accused of perpetrating a brazen scheme that defrauded an elderly Waxahachie couple out of at…

The IRS Launches New Mobile App, Enhancing Taxpayer Access to Services

The Internal Revenue Service (IRS) has officially unveiled a significant upgrade to its digital taxpayer services with the introduction of a new, comprehensive mobile application. This advanced app, launched on…

The Perilous Friday Afternoon: How a CPA Firm Fell Victim to a Sophisticated Text Message Scam

The unassuming Friday afternoon, a time typically reserved for winding down the week, became a stark reminder of the evolving landscape of cyber threats for one CPA firm. At precisely…

IRS Announces Updated Per Diem Rates for Business Travel Expenses for Fiscal Year 2027

Beginning October 1, 2026, taxpayers will see adjustments to the per diem rates used for calculating tax deductions for business travel expenses. The Internal Revenue Service (IRS) has announced these…

Numeral Secures $100 Million Series C Funding to Revolutionize Sales Tax Compliance

Numeral, a leading provider of sales tax compliance solutions, announced on Wednesday a significant $100 million Series C funding round, spearheaded by global software investor Insight Partners. The substantial investment…

The Improving Social Security’s Service to Victims of Identity Theft Act

In a significant legislative development poised to offer greater protection to Americans vulnerable to Social Security number misuse, a bipartisan bill has successfully navigated its way through both chambers of…

Sorren Expands into Legal Services with Launch of Affiliated Law Firm

Sorren, a prominent accounting firm recognized among the top 50 nationally, has officially broadened its service offerings by launching Sorren Law, an affiliated law firm. This strategic move, announced on…

Proposed Accounting Standards Update Aims to Enhance Guidance for Residential Mortgage Servicing Rights

The Financial Accounting Standards Board (FASB) has taken a significant step toward clarifying accounting practices for residential mortgage servicing rights (MSRs) by issuing a proposed Accounting Standards Update (ASU). This…

Avalara Launches Avalara Aviator, a Groundbreaking Agent Hub Transforming Tax and Compliance Workflows

Avalara, a leading provider of agentic AI-powered tax and compliance solutions, has unveiled Avalara Aviator at its annual CRUSH customer and partner conference. This innovative agent hub is poised to…