Ascend acquires Kreischer Miller
The Top 25 Firm acquired Mid-Atlantic Regional Leader Kreischer Miller in Horsham, Pennsylvania.

Democratic senators probe scope of Trump's IRS immunity deal
The protection against probes of past tax filings was part of a settlement in which Trump agreed to drop a $10 billion lawsuit he filed against the IRS.

The billable hour is a trust contract. AI just broke the terms
The billable hour was always just a stand-in for something harder to measure. AI has finally made that obvious.

Should accountants vibe-code their own software?
AI is shifting the economics of build-versus-buy as more firms turn to apps created not by software vendors but by code generators such as Claude, Replit, or Cursor.

Time saved by AI partially canceled out by time spent checking AI
The time saved by using AI is being eroded by the time spent verifying its outputs.

In the blogs: The royal treatment
Jordan's Revenge; generative AI; faulty assumptions; and other highlights from our favorite tax bloggers.

Meaden & Moore gets PE investment
Meaden & Moore, a Cleveland-based accounting, tax, advisory and forensic accounting firm, took an investment from private equity firm Unity Partners.

World Cup players face tax penalties
Athletes from countries across the globe competing in the World Cup may be going home with an unwelcome prize this year: a hefty tax bill from the United States.

Windes acquires Harris, Greene
The Regional Leader acquired Harris, Greene LLP, an accounting firm in Irvine, California, expanding its footprint in Southern California.

Sovos Intelligence centers Reconciliation Rules Engine
New features and updates include a revamped Reconciliation Rules engine.