Close

Blog Articles & Video Uncategorized

Aprio adds CAVU Advisors

Top 25 Firm Aprio is expanding its services for government contractors by combining with Columbia, Maryland-based CAVU Advisors. Processing Content The deal is expected to expand and strengthen Aprio’s presence in the Capital Region around Washington, D.C., where it now has almost 400 professionals and partners. “Our clients in aerospace,

Read More »

Tax season ‘progressing smoothly,’ says IRS

Tax season is “progressing smoothly” according to the Internal Revenue Service. Processing Content “With less than two weeks left in the filing season, the IRS continues to provide historically outstanding service to taxpayers,” said IRS chief executive officer Frank Bisignano, in a statement on Thursday. “Tens of millions of Americans

Read More »

What’s keeping accounting firms up at night

stockbusters – stock.adobe.com Accounting firm leaders have a lot on their plates. Processing Content When asked to identify the biggest issues they see facing the accounting profession, senior executives from Accounting Today‘s 2026 Top 100 Firms named a wide range of issues, from private equity’s catalytic effect on dealmaking activity

Read More »

Tax Fraud Blotter: Third time’s (not always) a charm

Not a ghost of a chance; all’s Wells; fictitious spouses; and other highlights of recent tax cases. Processing Content Mahwah, New Jersey: Louis V. Greco III, 38, of Highland Mills, New York, pleaded guilty to tax evasion for tax years 2018 to 2022. Greco owned NJ Mobile Health Care LLC,

Read More »

Committee advances tax and IRS legislation

The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general and tax fraud whistleblowers. Processing Content The Survivor Justice Tax Prevention Act (H.R. 2347), co-sponsored by Rep. Lloyd Smucker, R-Pennsylvania, and

Read More »

Boomer’s Blueprint: Building a purpose that attracts talent and clients

Let me guess what’s on your firm’s website right now: Processing Content “We provide quality accounting and tax services to businesses and individuals with integrity and professionalism.” Or maybe: “Our mission is to deliver exceptional client service while maintaining the highest standards of our profession.” Here’s the uncomfortable truth: Nobody

Read More »

KPMG UK plans to cut hundreds of audit jobs

KPMG offices in ManchesterDominic Lipinski/Bloomberg KPMG UK has told nearly 600 staffers in its audit business that their jobs are at risk, according to people familiar with the matter. Processing Content Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo

Read More »

IRS has spent 61% of its IRA funding

Of the roughly $26 billion left to the Internal Revenue Service from the money allotted to it by the Inflation Reduction Act, the agency has spent almost two-thirds, according to a new study. The report by the Treasury Inspector General for Tax Administration examines what the agency has done with

Read More »

‘Survivor’ winner Richard Hatch owes $3.3M in taxes

Richard Hatch, winner of the inaugural season of reality competition show “Survivor” 26 years ago, was ordered to pay $3.3 million in back taxes on that win by a federal judge this week.  Processing Content Shortly after winning the $1 million prize in 2000, Hatch was accused of tax evasion

Read More »

Amateur builds tax prep software with AI

A journalist with no coding experience at all has created his own tax filing app, but is looking for experts to stress-test it since all the code was written by artificial intelligence.  Processing Content Ryan Lizza, in an article posted on Telos News, explained the various ways he was unhappy

Read More »