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Latest News & Web Pages
SSC, Harrison Henderson merge
10+ hour, 30+ min ago (342+ words) SSC CPAs + Advisors and Harrison Henderson announced Wednesday they will merge, operating under the name SSC CPAs + Advisors. The transaction expands SSC's geographic market and reach into new industry sectors, and transitions Harrison Henderson to an employee ownership plan. Terms…...
IRS proposes rules on backup withholding threshold for payment companies
12+ hour, 38+ min ago (375+ words) The Treasury Department and the Internal Revenue Service issued proposed regulations Thursday to revise the threshold for when third-party settlement organizations need to perform backup withholding to comply with changes under the One Big Beautiful Bill Act. The OBBBA changed…...
The transfer pricing clock strikes midnight
13+ hour, 57+ min ago (363+ words) This article provides a practical, corporate tax focused blueprint for navigating year-end TP obligations with confidence and rigor. A disciplined year-end TP process begins with assessing whether controlled entities operated within their target ranges: For many companies, year-end is the…...
Doeren Mayhew buys Lancaster & Reed
18+ hour, 45+ min ago (190+ words) Doeren Mayhew, a Top 50 Firm based in Troy, Michigan, has acquired Lancaster & Reed LLC, based in Key Biscayne, Florida, effective Dec. 17, 2025, expanding its presence in the Sunshine State. Lancaster & Reed dates back over 30 years and provides tax, accounting and consulting…...
Income Tax Refund Delay: Why FY 2024-25 ITR Refunds Are Taking Longer And What You Can Do
1+ day, 4+ hour ago (316+ words) Income Tax Refund Delay: Many taxpayers who filed their income tax returns (ITRs) for the financial year 202425 (assessment year 202526) are growing anxious over delays in receiving refunds. This comes even as the Income Tax Department remains well within the statutory…...
PYA names next president and CEO
1+ day, 6+ hour ago (375+ words) Top 100 Firm PYA announced a leadership transition from current president and CEO Marty Brown to David McMillan. McMillan, the CFO of the Knoxville, Tennessee-based firm and leader of its consulting practice, became president on Jan. 1 of this year and will…...
Sax acquires SSL and Sierra Financial Advisors
1+ day, 8+ hour ago (195+ words) Sax, a Top 75 Firm based in Parsippany, New Jersey, has acquired Scheidel, Sullivan & Lanni CPA LLC, based in Ramsey, New Jersey, while its subsidiary, Sax Wealth Advisors, has acquired the affiliated Sierra Financial Advisors LLC, effective Jan. 4, 2026. By acquiring Sierra…...
Cannabis may see tax relief under Trump order
1+ day, 9+ hour ago (716+ words) President Trump signed an executive order in December directing the attorney general to speed up moving marijuana from Schedule I to Schedule III. It also seeks more research on medical marijuana and cannabidiol and asks Congress to set rules for hemp…...
Aprio merges in Delap and Hoffman, Stewart & Schmidt
1+ day, 10+ hour ago (390+ words) Aprio, a Top 25 Firm based in Atlanta, is expanding into the Pacific Northwest by adding two firms in the Portland, Oregon, area: Delap LLP and Hoffman, Stewart & Schmidt, P.C., effective Jan. 1, 2026. The deal bolsters Aprio's auditing, tax planning, digital forensics and…...
Private sector added 41K jobs in December
1+ day, 13+ hour ago (311+ words) Private sector employers added 41,000 jobs last month, payroll giant ADP reported Wednesday, while annual pay grew 4.4% year over year." However, there was a steep drop of 29,000 jobs in December in the professional and business services sector, which includes accounting, tax…...