Family-office-backed accounting firm platform Elevate announced its acquisition of San Mateo, California-based Gilmore Advisors, which was effective Sept. 1.
Category: NYT Accounting News
IRS furloughs nearly half of workforce
The remaining 39,870 staff will work on preparing for next year’s filing season, modernizing the agency and implementing President Trump’s new tax law.
Cherry Bekaert to enter Pa. with Herbein deal
Top 25 Firm Cherry Bekaert is making its first foray into the Pennsylvania market by acquired Regional Leader Herbein + Co.
NetSuite touts AI enhancements
Oracle NetSuite hailed the release of NetSuite Next, a cloud-based AI-driven ERP solution with embedded conversational intelligence, agentic workflows, and natural language search capabilities.
IRS closes ‘most operations’ as shutdown continues
Preparations for next tax season look likely to continue, even as the Internal Revenue Service began furloughing almost half its workforce.
AI and analytics driving advisory boom
The vast majority of firms now offer at least some advisory services, enabled at least in part by artificial intelligence and data analytics, according to a new survey.
In the blogs: Transformations
Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.
Doeren Mayhew acquires Carson & McKinney
Top 50 Firm Doeren Mayhew acquired Nashville-based CPA firm Carson & McKinney CPAs, expanding its presence in the region, as of Sept. 22.
Bessent taps Theurer for deputy secretary duties at Treasury
A tax specialist at the department, Derek Theurer will take over the deputy secretary duties of Michael Faulkender, who left in August.
Makosi rolls out Workforce Insights Navigator
Makosi announced the general availability of Workforce Insights Navigator Lab, a workforce analytics tool that is meant to help firms take a data-driven approach to their personnel strategy.