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The One Big Beautiful Bill Act that President Trump signed into law on July 4 is abruptly curtailing the $7,500 tax credit for new electric vehicles...
The Financial Accounting Standards Board is looking for comments on a proposed accounting standards update offering authoritative guidance on how an issuer should initially measure paid-in-kind...
The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap...
Recent data suggests that while large companies don’t have as many cyberincidents as smaller ones, when one does happen the costs can be massive. This is...
Wall Street’s top regulator pledged to fast-track Donald Trump’s proposal to end quarterly reporting for most companies, the president’s latest foray into a long-running debate over...
Deloitte LLP is set to cut jobs at its U.K. business as the company weathers a sector-wide slowdown in consulting services. The Big Four firm kicked...
Accounting firm platform Sainvus launched and made its first acquisition in Schulman Lobel. Sainvus is backed by long-term investors, including family offices and endowments, and aims...
Tax solutions provider Avalara announced the launch of its Agentic Tax and Compliance platform, which hosts intelligent AI agents that can automate tasks across the entire...
AI-native general ledger solutions provider Digits announced the release of its AI Firm Models—available exclusively through the new Digits Accountant Partner Program—which are meant to adapt...
The Treasury Department posted a contingency plan Monday for the Internal Revenue Service in the event of a government shutdown this week. The plan estimates up...
