There’s a new financial model in college sports, and it looks a lot more like the club seats and swanky amenities offered by pro teams.
Category: NYT Accounting News
House committee advances digital asset, EFIN and gambling tax bills
The House Ways and Means Committee held a markup session to consider the Digital Asset Tax Certainty Act, EFIN Verification Act and FULL HOUSE Act.
Savant rebrands tax arm, adds two Illinois firms
Savant Wealth Management rebranded its tax and consulting arm as Savant Accounting & Business Advisory and simultaneously acquired two tax firms, expanding its presence in Illinois.
Randy Crabtree creates Brainstorm Group
The longtime accounting profession leader and conference speaker announced the debut of his new consulting and advisory practice.
The IRS charged the interest. Was it legal?
If your clients carried federal tax debts through the pandemic, the interest deserves a second look.
RLN adds Westchester firm
RLN US acquired Sternbach & Rose in Valhalla, New York, expanding the firm’s presence in Westchester County and growing its tax and advisory practice.
In the blogs: Did you hear the one about?
Trump dividend; tax ballot season; compliance challenges; and other highlights from our favorite tax bloggers.
IRS extends tax relief for farmers, ranchers affected by drought
Guidance offers an extension of tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock due to drought conditions.
US household income rose to record in 2025 as poverty fell
Social Security benefits lifted 28.8 million out of poverty, while refundable tax credits helped 6.1 million.
Biggest foundations barely donate enough to charity
The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report.