A windfall in corporate profits for the largest banks has led to billions in extra tax revenue for New York City, shrinking the city’s budget shortfalls.
Day: July 17, 2026
Shakira tax win set to face Supreme Court appeal in Spain
Shakira’s fight with Spain’s tax agency is set to head to the country’s highest court after authorities challenged an earlier ruling in the singer’s case.
Trump tax leaker Littlejohn loses appeal of prison sentence
The former IRS contractor pleaded guilty to stealing Trump’s tax data and leaking it to the New York Times before the 2020 election.
Basis offers AI agents, love letters and an ode to accounting
Basis, an AI agent platform for accountants that reached a $1.15 billion valuation, debuted a website that provides a tribute to the accounting profession.
DC advances CPA licensure pathways bill
The Council of the District of Columbia unanimously advanced Bill 26-494, which now awaits the review of the D.C. mayor and Congress.