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When Illinois Governor JB Pritzker sought to boost the state income tax on the rich at the height of the pandemic, Ken Griffin used his fortune...
Two accountants have been sentenced to 20 months each in prison for the Atlanta-area promotion and sale of abusive syndicated conservation easement tax shelters. An attorney...
In 2023, 161,781,457 taxpayers filed individual income tax returns and 8,269,075 taxpayers filed corporate income tax returns — but the Internal Revenue Service projects that the...
Ernst & Young LLP resigned as the auditor to troubled server maker Super Micro Computer Inc., citing concerns about the company’s governance and transparency. The shares...
The Financial Accounting Standards Board posted a proposed accounting standards update Wednesday with the goal of improving the requirements for identifying the accounting acquirer in a...
The Bonadio Group, a Top 50 Firm based in Pittsford, New York, is expanding in the Mid-Atlantic region by adding Cover & Rossiter, a firm based...
Intuit announced a bevy of new and upcoming features and enhancements to its suite of products during its most recent user conference in Las Vegas, most...
Small business platform Xero announced the winners of its Beautiful Business Fund contest, who each received a portion of a global $460,000 prize pool. There were...
In recent years, there’s been growing concern about the future of accounting. Discussions around AI replacing accountants, overworked staff and the ongoing talent shortage have all...
A potential recession is the biggest economic risk factor that audit partners foresee over the next 12 months, followed by regulations and geopolitical instability, according to...
