On the move: A new chair for FICPA
Plus, new partners at Weaver and Gross Mendelson; a host of scholarships in Illinois; and other firm and personnel news from across the profession.

Tech News: Xero rolls out benchmarking tool
Plus, CCH Axcess adds complex document ingestion and interpretation; TaxStatus launches Planning Observations to automate discovery; and other accounting tech news and updates.

Trust exercises for accountants
Accountants are justly proud to be the economy's "most trusted advisor," but if you're doing just what you've always done, then that trust you've developed is at risk.

Tax Fraud Blotter: Twista fate
Red flag returns; dubious dental surgeries; high percentage of refunds; and other highlights of recent tax cases.

Why advisors do and don't recommend Trump accounts
As the July 4 launch date nears when clients can start contributing to Trump accounts, advisors discussed pros and cons of this method to save for children.

IRS Taxpayer Assistance Centers provided wrong answers
The Internal Revenue Service's Taxpayer Assistance Centers staff provided incorrect advice about the tax laws in nearly half the visits by inspectors.

BMSS expands, launches BMSS Family of Companies
BMSS Advisors & CPAs acquired Aviso Group, extending the Top 100 Firm's footprint in Alabama and launching the BMSS Family of Companies.

State Street tapped as default for Trump account investments
Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

Two Ascend firms expand in California and Georgia
LevitZacks and Wilson Lewis completed acquisitions, effective as of June 1, growing their footprints in their respective states.

What does an AI-driven IRS mean for small accounting firms?
The IRS against which your clients filed last year is not the same agency reviewing their returns today.