In the landscape of financial management, reconciling bank and credit card statements stands out as an indispensable practice that can make or break an organization’s financial...
Consumer confidence in the US economy has perked up, reaching a six-month high in October. The University of Michigan’s consumer sentiment index climbed to 71.5, a...
IRS commissioner Danny Werfel said Friday he plans to resign next Monday, Jan. 20, coinciding with Inauguration Day. President-elect Donald Trump announced plans last month to...
BDO USA, New York, announced a cause partnership with Big Brothers Big Sisters of America, marking the firm’s first national strategic nonprofit collaboration and beginning a...
As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire. Bonus depreciation was...
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path...
Financial data solutions provider Validis announced strategic investments from Citi and Barclays. Citi and Barclays will leverage Validis’ platform to automate financial monitoring, deliver underwriting-ready data,...
Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency...
Not so Fussy; that’s a wrap; at sea, in the air and on the road; and other highlights of recent tax cases. Rochester, New York: Business...
The Massachusetts Society of CPAs released a report Thursday on key trends and concerns in the accounting profession drawn from a recent survey. Based on a...
One of the best wedding gifts is a scanner, according to financial advisor Ekaterina Klimentova. To explain why, the partner in the New York office of...
GBQ Partners LLC, a Top 100 Firm based in Columbus, Ohio, has expanded its presence in Cincinnati by acquiring Wirth Lowe Wissemeier CPAs Inc., effective Dec....
The Public Company Accounting Oversight Board released a staff publication highlighting problems it’s seeing with audits of journal entries. The publication, Audit Focus: Journal Entries, noted...
Sen. Tommy Tuberville, R-Alabama, and Rep. Warren Davidson, R-Ohio, reintroduced legislation to repeal the Corporate Transparency Act and its requirement for beneficial ownership information reporting. The...
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer...
The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9. The updated standards were released in January 2024...
Treasury Secretary nominee Scott Bessent warned that the U.S. faces an economic crisis that will hammer middle- and working-class people if the 2017 Republican tax cuts...