Practice Management News from Accounting Today

Recent tax law changes are prompting businesses to rethink entity structures. Here's what financial advisors need to know when guiding clients or making decisions about their own RIAs.

Every journal entry, reconciliation and audit trail must be accurate, explainable and defensible. AI doesn't lower that bar; it raises the stakes for meeting it.

The Internal Revenue Service issued its annual notice setting the daily rates that business travelers can use when deducting their expenses.

Financial operations platform Ramp, traditionally associated with outbound payments, now has a solution for inbound payments via the new Ramp Accounts Receivable product.

Accrual announced the release of its agentic platform Arc, which allows agents to complete complex multistep workflows.

The private equity-backed Top 50 Firm launched a legal services practice called Sorren Law that will serve clients in Nevada, Idaho and Texas.

Accounting has discovered one of the strangest growth problems in business: more customers than it can serve.

The Fifth Circuit has changes its mind on who is a limited partner for self-employment tax purposes.

Filed and Crimson Tree have joined forced to launch the Open Tax Technology Alliance, which promotes open source software in the accounting space. The group has also released a free tax engine and open data standard.

Accounting Today is calling for nominations for its annual Top 100 Most Influential People list of thought leaders, decision-makers, standard-setters and others who are shaping the future of the profession.

The Fastest-Growing Firms are taking two main approaches: moving to advisory, and laser-focusing on niches.

Data shows a shift from building marketing departments to building marketing capabilities.

The question is, how well do your tools support your decisions?

Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.

If your firm is struggling to staff an advisory practice, it's worth asking whether an EA could be the ideal candidate you're overlooking.

Plus, Citrin Cooperman launches transfer pricing practice; KNAV debuts enterprise GRC platform; and other firm and personnel news.

Savant Wealth Management rebranded its tax and consulting arm as Savant Accounting & Business Advisory and simultaneously acquired two tax firms, expanding its presence in Illinois.

The longtime accounting profession leader and conference speaker announced the debut of his new consulting and advisory practice.

RLN US acquired Sternbach & Rose in Valhalla, New York, expanding the firm's presence in Westchester County and growing its tax and advisory practice.

Stambaugh Ness and Zweig Group announced a merger to form SNZweig, a private equity-backed firm for architecture, engineering and construction clients.