In the News - July 28, 2025

As July winds down and firms shift their focus to fall planning and upcoming extension deadlines, this week’s accounting headlines bring leadership changes, talent strategies and a fresh look at advisory transformation. Here's what you need to know this week.

What’s Happening at Woodard

Fireside Chat with Heather Satterley on Winning Workflows (Woodard) on July 31, 2025 at 1:00 PM ET

Discover how top-performing firms are building more efficient, scalable practices in Woodard’s latest Fireside Chat. Heather Day Satterley is joined by KC Brothers of Canopy and Lera Kooper of Accountability Services to explore actionable workflow strategies that reduce admin overhead, streamline communication, and drive growth. Drawing from the Practice Management Playbook, this session is packed with insights for firm leaders ready to optimize operations and elevate client service. Register now...

How to Reclaim Your Agency and Lead with Intention, Part 2 (The Woodard Report Podcast)

This follow-up episode of The Woodard Report Podcast continues the conversation on agency and purpose in leadership, with actionable tips for firm owners from Joe Woodard's keynote at the Scaling New Heights Practice Advancement Breakfast. Read more and listen...

Scaling New Heights 2025 Overview, Part 2 (CPA Practice Advisor)

This second part of the SNH25 recap focuses on the tools and trends shaping advisory, AI, and client engagement. Hear from Randy Johnston and Brian Tankersley about how firms can implement the insights shared at the conference. Read more...

IRS & Regulatory Updates

IRS Sets July 29 Deadline to Revalidate Business Tax Account Access (CPA Practice Advisor)

Businesses must revalidate their IRS online account access by July 29 or risk losing the ability to manage tax records digitally. The IRS is urging firms to act fast. Read more...

IRS Issues Interim Guidance on Large Business Examinations (IRS.gov)

The IRS released interim guidance to improve audits and compliance processes for large and international businesses. The update focuses on streamlining case management and clarifying risk assessments. Read more...

Firm News & Leadership

EY Lays Off US-Based EAs, Moves Roles Offshore (Going Concern)

EY is reportedly laying off hundreds of U.S.-based executive assistants in favor of offshore support, raising questions about workforce strategy and service continuity. Read more...

CBIZ Appoints New President and CEO (CPA Practice Advisor)

CBIZ has named a new President and CEO to lead its national CPA firm, setting the stage for the next chapter in growth and service delivery. Read more...