Woodard: Are you measuring the metric that matters?
Speaking at Accounting Today's Firm Growth Forum East last week, Joe Woodard called out a single data point as a key guidepost for firm success.

IRS's AI risk management needs to be improved
The Internal Revenue Service is using artificial intelligence for hundreds of uses, and in some cases has not yet assessed the risks, according to a new report.

BGM enters Connecticut market
Bloomington, Minnesota-based BGM acquired R. L. DePanfilis & Co., a CPA and consulting firm in Norwalk, Connecticut.

Frazier & Deeter expands in Southeast
The Top 50 Firm acquired Machen McChesney and its sister company, FocusPay Solutions, continuing its wave of dealmaking and expanding its footprint in the Southeast.

CFOs feeling more optimistic about business
Finance leaders are sounding a more upbeat note lately, according to a pair of new surveys from Deloitte and Grant Thornton.

Armanino adds workforce management firm
The Top 20 Firm added roughly 100 consultants and specialists from Sability, a human capital and workforce management firm and a UKG partner.

IRS proposes rules on farmland installment payments
The proposed regs apply to taxpayers who sell or exchange farmland to qualified farmers and elect to pay the tax on the gain in four equal annual installments.

Navigating the knowledge transfer crisis in accounting
When an early-career accountant resigns, the financial impact extends far beyond agency placement fees.

Justice Department closes investigation of CrowdStrike deals
One deal under scrutiny was a $32 million transaction with distributor Carahsoft to supply cybersecurity software to the IRS, which it never received.

Tax fraud may cost us more than $300B annually, GAO finds
The GAO estimates on tax fraud were its first effort to calculate such losses.