The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.
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Client expectations are evolving, and the firms that succeed will be those that adapt accordingly.
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Here are five key areas sellers should proactively address to set themselves and their future partners up for long‑term success.
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Clients rarely replace trusted advisors because someone makes a bigger promise. Instead, they gradually become convinced that another relationship may create greater value.
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For the 2026 Top Firms by Assets Under Management, managing the growth of their own practices is as much a challenge as growing their clients' wealth.
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The leading CPA financial planners with over $1 billion in assets under management, from Accounting Today's annual ranking.
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This year's top resellers in the accounting space say they're facing greater expectations on a number of fronts.
The IRS's Criminal Investigation unit issued a fraud alert warning about scammers who are targeting cryptocurrency holders with convincing fake IRS letters.
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Client advisory services and outsourced accounting are helping the Bonadio Group, a Top 50 Firm based in Rochester, New York, build its client base.
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While almost everyone is talking the talk on AI governance and control, recent data suggests far fewer are walking the walk, to the detriment of organizations.
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Upon the historic deal's closing, Grant Thornton is expected to become the fifth-largest firm with more than $5 billion in domestic revenue and $7.5 billion globally.
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Cornyn and another GOP holdout, Senator Thom Tillis, want written changes to alter Trump's settlement with the IRS over leaks of his tax information in 2019.
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He reported earning income of less than $5,000 in 2020, 2021 and 2022, but actually earned more than $7 million from his hedge fund, according to prosecutors.
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- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Tax Pro TodayTuesday, ThursdayThe latest news in tax regulations, legislation, and best practices to the informed accountant.
- Audit & AccountingMondayThe latest news and insights on these core services of the accounting profession.
- Accounting TechnologyMonday, Wednesday, FridayNews, analysis, and insights for technology-minded accounting professionals.
Showcasing technologies that modernize the tax preparation process, using AI and integrated workflows. These can include: automating data intake, streamlining review and filing and improving accuracy and client collaboration.
Showcasing technologies that streamline firm operations and boost productivity across the entire accounting practice. These can include: automating client onboarding, task management, billing and workflow coordination.
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Partner Insights from DataSnipper -
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Partner Insights from Canopy - Partner Insights from Insightsoftware (LeaseAccelerator)
