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July 2026 Recap: News & Insights in 10 Mins
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Subscribe03 AUG 2026 / MONTHLY NEWS CAPSULE
July 2026 saw significant business reshuffling with major acquisitions such as Netflix buying Ben Affleck's AI company for $587 million and Grant Thornton's acquisition of CBIZ for $5 billion. Further, AI transitioned into regulation and workflow, states leaned into sales taxes over income taxes, and significant tax evasion cases unfolded. These transformations stand to affect industries spanning from retail to technology as they look to maintain control while modernizing and managing risk.
July 2026 delivered the kind of news cycle that kept accountants, tax professionals, finance leaders, and business advisers busy. Major acquisitions reshaped industries, private equity continued to push deeper into professional services, AI moved from exp...
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