GHJ acquires Blueprint CFO
The Top 100 Firm acquired Blueprint CFO, a fractional CFO services firm, expanding its presence in Southern California.

IRS had some problems with tax relief for former hostages
The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.

Burgmaier Group adds Balise
Albuquerque, New Mexico-based Burgmaier Group announced it completed a merger with tax firm Balise PC.

Tax platform Accrual launches with AI automation support for all forms
Accrual, a tax prep and review platform for firms that launched today with $75 million in funding, already supports every federal and state tax form, as well as the unstructured data to fill it.

AICPA to propose changes to attestation standards
The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

Turkey to hire EY for landmark privatization deal
Turkey hired Ernst & Young LLP to lead a multibillion-dollar privatization of two landmark Istanbul bridges and a string of highways.

Startup raises $75M to bring AI to accounting
Accrual is part of General Catalyst's $1.5 billion Creation fund for startups building AI tools for industries not typically first adopters of new technology.

KNAV adds Affiniax Group
KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East.

Ryan acquires Meritax Advisors
Tax and software provider Ryan acquired Meritax Advisors, expanding its property tax capabilities.

New IRS withholding rules for third-party payments bring relief
Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.