In the News - December 29, 2025

This is our last In the News article for 2025. This week's highlights include tips for year-end cleanups from Alicia Katz Pollock, the IRS Criminal Investigations Top 10 criminal cases of 2025 and a new USPS rule that could affect year-end tax deductions. Read on for these stories and more! We wish you a very happy and safe new year!

What's Happening at Woodard

Accidental Accountant to Advisor: Nonprofits, Pricing, and AI (The Woodard Report Podcast)

In this episode of the Woodard Report Podcast, Joe Woodard and Megan Genest Tarnow explore the journey from compliance-focused work to advisory services, with a special focus on nonprofit clients. The conversation touches on pricing challenges, how AI is influencing advisory delivery, and what it really takes to move from “accidental accountant” to trusted advisor. It’s a thoughtful listen for firm owners reflecting on their service mix heading into the new year.
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Heather Day Satterley Named to CPA Practice Advisor’s 2025 Most Powerful Women in Accounting

CPA Practice Advisor has announced the recipients of its 2025 Most Powerful Women in Accounting Awards, recognizing leaders who are shaping the future of the profession through innovation, influence, and service. Among this year’s honorees is Heather Day Satterley, Director of Education and Media at Woodard, recognized for her work advancing accounting education, technology adoption, and community-building across the profession. The annual awards highlight women whose leadership is driving meaningful change within firms and the broader accounting ecosystem. Read more...

QuickBooks Online: Step-by-Step Year-End Cleanup Guide (The Woodard Report)

This practical guide, written by Alicia Katz Pollock of Royalwise, walks accounting professionals through a clear, repeatable process to clean up QuickBooks Online files before year-end.  It covers common trouble spots, such as unreconciled accounts, uncategorized transactions, and payroll checks, while emphasizing documentation and consistency. The article is especially helpful for firms supporting multiple clients who want a clean starting point for January reporting and advisory work.
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Technology News

Intuit Enterprise Suite Adds Consolidated View (Insightful Accountant)

Intuit has introduced a consolidated view within Intuit Enterprise Suite. This feature is designed to give firms and larger businesses better visibility across entities and workflows. The update aims to reduce context switching and improve decision-making by bringing key financial and operational data into a single dashboard. For firms supporting multi-entity clients, this enhancement reflects Intuit’s continued push toward higher-level advisory use cases.
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IRS & Regulatory Updates

PCAOB Names William Ryan Acting Enforcement Director (CPA Practice Advisor)

The Public Company Accounting Oversight Board has named William Ryan as its acting enforcement director. Leadership changes like this can signal shifts in enforcement priorities or tone, making it worth watching how oversight and disciplinary actions evolve in 2026. Audit firms and professionals serving public companies will want to stay alert to any changes in guidance or enforcement focus.
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IRS CI Reveals Top 10 Criminal Tax Cases of 2025 (Accounting Today)

The IRS Criminal Investigation division released its annual list of the top criminal tax cases, highlighting schemes involving fraud, evasion, and misuse of funds. While the cases are extreme, they serve as useful reminders for practitioners about red flags, ethical boundaries, and the importance of internal controls. They also reinforce the value accountants bring when helping clients stay compliant and avoid costly mistakes.
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New USPS Rule Could Affect Year-End Tax Deductions (MDJ Online)

A new USPS rule may impact how certain mailed payments and documents are treated for year-end tax deductions. The change could affect timing assumptions many taxpayers and advisors have relied on, particularly around postmark rules. This article is a timely reminder to review filing and payment processes—and to communicate clearly with clients about deadlines and documentation at year-end.
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We’ll be back in January with fresh updates, new trends to watch, and practical insights to help you navigate 2026 with confidence. Until then, thank you for reading In the News all year long—and here’s to a strong start in the months ahead.

This article was written with the assistance of AI and edited by a human.