None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.
Day: February 4, 2026
Democrats blast Trump’s $10B lawsuit vs. IRS
Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump’s $10 billion lawsuit over the leak of his tax returns.
PCAOB names common broker-dealer audit deficiencies
The Public Company Accounting Oversight Board posted a staff report on testing transactions between broker-dealers and related parties.
The rise of the ‘peanut butter raise’
Whether accounting firms spread raises evenly or distribute them poorly, they’re still making choices. And those choices have consequences.
Private sector added 22K jobs in January
The professional and business services sector, which includes accounting and tax, lost 57,000 jobs last month, the largest loss since August 2024, ADP reported.