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.

Trusted Advisor 2.0
Demand is emerging for a more proactive, comprehensive set of advisory services from accountants, says Joe Damiano, the CEO of Sax.

The most useful question about AI in audit
Knowing which answers to hand back to a human is what keeps an audit defensible.