Enjoy complimentary access to top ideas and insights — selected by our editors. A few months ago, I did something I rarely do; I signed up...
New York mayoral front-runner Zohran Mamdani’s pledge to fund free childcare and bus rides by taxing the rich faces steep odds in Albany. But tax hikes...
Wolters Kluwer announced the launch of “Expert AI,” which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit, and firm...
KPMG has cut 195 people from its U.S. audit business to counter low employee turnover rates and changes in how it conducts its core business. Employees learned...
Auditor changes and restatements go hand in hand, according to a new report. The Public Company Accounting Oversight Board found that from 2005 to 2024, an...
Of the many taxpayer-friendly provisions in the One Big Beautiful Bill Act, the changes made by Code Section 174 are among the most anticipated. “The new...
The old saying goes: The only certainties in life are death, taxes, and change. Unsurprisingly, all three are in play with the enactment of the One...
People who call the Internal Revenue Service — and get through — generally get “prompt, courteous and professional assistance” from IRS employees, according to a new...
Roger VerAnthony Kwan/Photographer: Anthony Kwan/Bloom Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” has paid nearly $50 million to resolve a U.S. tax evasion indictment...
GM’s Detroit headquartersJeff Kowalsky/Photographer: Jeff Kowalsky/Bloo General Motors Co. is incurring $1.6 billion in charges tied to its pullback from electric vehicles, a stark indication of...