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News
CRI Merges in Morrison & Smith in Alabama
1+ week, 4+ day ago (342+ words) Home > Mergers and Acquisitions Top 25 accounting firm Carr, Riggs & Ingram has added Tuscaloosa, AL-based public accounting firm Morrison & Smith, expanding CRI’s presence in its home state. Financial terms of the deal weren’t disclosed. The Morrison & Smith team will continue to…...
Illinois CPA Society Accepting Accounting Scholarship Applications
6+ mon, 1+ week ago (323+ words) Dozens of tuition scholarships of up to $5,000 each will be awarded to eligible students committed to pursuing a future in accounting. ICPAS scholarships provide essential financial assistance while recognizing achievement and potential for success as CPAs. Eligible applicants must plan…...
After 'Smooth' 2025 Tax Season, Taxpayer Advocate Anticipates Challenges This Year
7+ mon, 2+ week ago (1241+ words) She called it a “smooth filing season.” However, as the IRS enters the 2026 tax season facing workforce reductions and implementing major tax law changes enacted in the One Big Beautiful Bill Act, Collins warns that taxpayers could encounter more challenges…...
IRS Provides Tax Break to Lenders on Rural and Agricultural Real Estate Loans
9+ mon, 3+ week ago (501+ words) The Treasury Department and the IRS released interim guidance Nov. 20 on a new tax benefit for certain lenders, such as FDIC-insured banks, that provide loans secured by rural or agricultural real estate. Notice 2025-71 provides interim guidance that taxpayers can use…...