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Elevate, a newly launched platform for accounting, tax and advisory firms, made its first acquisition with TYS Advisors, effective Aug. 1. Elevate is backed by long-term...
AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry-level accountants. This has allowed firms to expand their capacities...
(This is the second of a two-part series about the effect of AI and automation on fundamental skills. Part 1 can be found here.) In an...
Lawmakers introduced two pieces of legislation in Congress this week to eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance...
Roughly $198.3 million goes straight to the IRS The Powerball jackpot winner can expect a large upfront federal tax withholding. The IRS requires a mandatory 24%...
Check out the companies making the biggest moves midday: Quanex Building Products — The solar and refrigeration parts manufacturer shed 13% on weaker-than-expected fiscal third-quarter earnings....
Jobseekers during a Hospitality House career fair in San Francisco on Aug. 13, 2025. David Paul Morris | Bloomberg | Getty Images The outlook seems to...
Wolters Kluwer announced the appointment of Rocco Impreveduto as vice president and segment leader for tax and accounting performance, effective Tuesday, September 2. The appointment brings...
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a...
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest...
The current administration’s focus on decreasing government spending reached another milestone on August 7 when President Trump signed an executive order, Improving Oversight of Federal Grantmaking,...
Donald Trump orders a military strike on alleged “narco-terrorists”
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it. The president’s ever-changing trade rules...
Banning phones in schools has emerged as a rare bipartisan policy across America. As the school year begins, millions of students in 17 states, from New...
The economy showed further signs of a slowdown as employers added only 22,000 jobs in August, the U.S. Bureau of Labor Statistics reported Friday, as the...
