Sorren adds Hess & Rohmer
Sorren, a rapidly growing firm based in Meridian, Idaho, has added Hess & Rohmer in Gainesville, Texas, bolstering its presence in the Lone Star State.

44% of buyers disappointed in their accounting software
A recent poll found nearly half of accounting software buyers are disappointed by their purchase.

Taxpayer Advocate foresees tax season challenges at IRS
National Taxpayer Advocate Erin Collins warned in her annual report to Congress that this tax season is likely to bring bigger challenges for taxpayers who encounter problems with the Internal Revenue Service.

SEC charges ADM $40M for accounting, disclosure fraud
The SEC charged Archer-Daniels-Midland Company and its three former executives with accounting and disclosure fraud.

MyCPE One launches web development service
Continuing professional education platform MyCPE One has introduced a website development service designed for CPA and accounting firms.

Why taxes are AI's kryptonite
Taxes are heavily context dependent, complex and require precise calculations. The consequences of getting them wrong are significant.

Mamdani pushes for tax hikes on wealthy New Yorkers to fill budget gap
The New York City mayor is amping up pressure on Governor Kathy Hochul to hike taxes for the richest residents and corporations.

IRS releases FAQs on transition to electronic payments
The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and tax refunds.

Maryland CPAs lobby for licensure changes
The Maryland Association of CPAs visited the state capital in Annapolis to lobby for changes to CPA licensure and other laws.

AAFCPAs acquires McLaren
AAFCPAs, a Top 100 Firm based in Westborough, Massachusetts, has acquired McLaren & Associates CPAs, a firm specializing in forensic accounting.