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Bitcoin hedge-fund proxy MicroStrategy Inc. posted a third consecutive quarterly loss after taking an impairment charge against the value of its roughly $18 billion stockpile of...
The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts and inheritance bequests too late and...
CPA firms continue to face unique challenges as they navigate some of the current liability issues and trends facing the profession, including beneficial ownership information filing...
Navigating today’s accounting job market comes with lots of decisions. Are you only interested in working at a Big Four firm? Are you hoping to land...
CPA firms continue to face unique challenges as they navigate some of the current liability issues and trends facing the profession, including beneficial ownership information filing...
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...
