Day: November 5, 2025

The One Big Beautiful Bill Act’s presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.

The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.

Frazier & Deeter acquired RS&F and Pesta Finnie; Thomas Howell Ferguson bought Hamic Previte & Sturwold; and Capstone Accounting and Tax merged in Nissen & Meyer.

The reason we don’t choose tech options quickly in the accounting profession is because of the risk that comes with uncertainty.